Stories tagged: deficit
Fri., Nov. 4, 2016, 11:43 a.m.
U.S. trade deficit narrows to smallest in more than a year
The U.S. trade deficit shrank in September to the lowest level in more than a year on stronger exports of goods and travel services.
Tue., Aug. 23, 2016, 12:22 p.m.
Deficit increase after years of declines, new estimate indicates
A new government report released Tuesday blames lower-than-expected tax revenues for a spike in this year’s budget deficit to $590 billion. That’s an increase of about one-third over last year’s …
Wed., July 13, 2016, 12:25 p.m.
U.S. sees small surplus in June, but deficit up for year
The federal government recorded a small budget surplus in June, but the deficit so far this budget year is still running 26.7 percent higher than a year ago.
Mon., June 27, 2016, 1:43 p.m.
Trump’s budget, tax plans add at least $10 trillion to debt, study shows
A new Washington study says Donald Trump’s tax and budget plans would make the national debt skyrocket by $10 trillion or more over the coming decade, mostly because of his …
Mon., June 13, 2016, 6:30 p.m.
New WSU president says he’ll curb overspending
Washington State University’s new president says the school’s spending habits are “simply not sustainable.” But he plans to change that.
Tue., March 15, 2016, midnight
Robert J. Samuelson: Plans to soak the rich wouldn’t end deficit
If you want much bigger government, you have to pay for it with broadly based taxes, even if the rich and upper middle class bear the biggest burdens.
Mon., March 7, 2016, 9:07 a.m.
Senate GOP delays action on budget
A Senate panel has delayed action on an annual budget blueprint, as Republicans disagree among themselves on spending levels and trillions of dollars in longer-term budget cuts.
Fri., March 4, 2016, 11 a.m.
Obama cheers economy as ‘pretty darn great’
President Barack Obama says Republicans may be making “doomsday” claims about the economy, but he has another take: “America’s pretty darn great right now.”
Fri., Feb. 26, 2016, 2:35 p.m.
President Obama: Deniers of economic gains aren’t telling the truth
President Barack Obama on Friday pushed back against relentless Republican criticism of his economic leadership, saying his policies are paying off in “big tangible ways” and anyone who doesn’t acknowledge …
Wed., Feb. 10, 2016, 1:08 p.m.
Federal budget in black for January
The federal government recorded a budget surplus in January of $55.2 billion, helped by a timing quirk that shifted benefit payments to December.
Tue., Feb. 9, 2016, 1:04 p.m.
Analysis: Obama’s budget sees next president inheriting healthy economy
The economic assumptions underlying President Barack Obama’s proposed budget for the fiscal year starting Oct. 1 are fairly optimistic for the near term, although weaker than projections made in the …
Tue., Feb. 9, 2016, 10:56 a.m.
A look at Obama’s final budget proposal for 2017
President Barack Obama proposed a record $4.1 trillion budget on Tuesday.
Tue., Jan. 19, 2016, 3:08 p.m.
Congressional Budget Office: Economy grows, but so does deficit, thanks to tax breaks
The U.S. economy is on track to expand “solidly” this year, but the federal deficit is creeping up again, thanks in large part to a package of tax breaks enacted …
Wed., July 31, 2013, 9:02 a.m.
Pentagon to bear brunt of upcoming budget cuts
WASHINGTON — A second, deeper round of automatic federal budget cuts is on its way, and it’s going to hit the Pentagon hard.
Wed., Dec. 14, 2011, 11:23 a.m.
Senate rejects two balanced budget amendments
The Senate today voted against changing the Constitution to require a balanced budget as Congress hit yet another dead end in its search for a way out of its fiscal …
Mon., Dec. 12, 2011, 7:17 p.m.
$1 trillion-plus spending bill taking shape in Congress
Weary after a year of partisan bickering, lawmakers reached a tentative agreement today on a sprawling $1 trillion-plus spending bill that chips away at military and environmental spending but denies …
Tue., Nov. 8, 2011, 5:29 p.m.
GOP makes new offer on taxes, Medicare cuts
With a Thanksgiving deadline fast approaching, the GOP members of a deficit-reduction supercommittee are pressing a plan to cut the deficit by about $1.5 trillion over the coming decade, showing …
Fri., Sept. 16, 2011, midnight
Economic recovery likened to mirage
OLYMPIA – With economic recovery described as “a mirage in the desert” and a projected gap between income and spending growing to $1.4 billion, state officials began setting the stage …
UPDATED: Tue., Aug. 9, 2011, 4:49 p.m.
Murray named debt panel co-chair
Senate Majority Leader Harry Reid named Sen. Patty Murray to co-chair a powerful “super committee” charged with finding more than $1 trillion in deficit cuts this fall.
Sun., July 3, 2011, midnight
Smart Bombs: Floyd was suited to the task
On Election Day, you’ll find Doug Floyd trudging up to St. Mark’s Lutheran Church (or wherever) to drop off his ballot. If you wonder why, he’ll be glad to tell …
Wed., April 20, 2011, midnight
Bargaining support on agenda for Spokane City Council
With the possibility of new rounds of negotiations in which city leaders could ask for more wage and benefit concessions, the Spokane City Council may give its union employees a …
Sun., April 17, 2011, midnight
Budget talk, from soup to nuts
Oh no! He’s back with another number-infested column about that most scintillating of topics: the federal budget. Bet his idea of a good time is a bowl of soup and …
Thu., April 14, 2011, midnight
City of Spokane short $6.6 million in ’12
For the fourth straight year, Spokane leaders are forecasting a multimillion-dollar shortfall in the next annual budget. The city predicts a $6.6 million gap between expected revenues and expenses in …
Sun., April 10, 2011, midnight
Congress’ curious budget recipe
In case you hadn’t noticed, Congress isn’t like the rest of the world. For instance: 1. Should households facing large bills work on ways to bring in less money?
Tue., Nov. 30, 2010, midnight
Lawmakers’ deadline arrives with few budget proposals
OLYMPIA – Warning that every month is critical in solving the state’s looming budget shortfall, Gov. Chris Gregoire tried Monday to prod legislators into suggesting budget cuts more palatable than …
Mon., Nov. 29, 2010, 7:16 p.m.
Gregoire still waiting for alternative spending plans
Warning that every month is critical in solving the state’s looming budget shortfall, Gov. Chris Gregoire tried Monday to prod legislators into suggesting budget cuts more palatable than hers.
Tue., Aug. 3, 2010, 7:20 p.m.
City contemplates pink slips for 120
More than 120 city employees could face pink slips at the end of the year unless city unions agree to concessions or the City Council increases taxes, officials warned Tuesday. …
Wed., April 14, 2010, 9:08 a.m.
Bernanke confident on recovery; warns on deficit
Federal Reserve Chairman Ben Bernanke told Congress today that he has confidence the unfolding economic recovery will have staying power, although it won’t be strong enough to bring quick relief …
Fri., April 9, 2010, midnight
Verner says new taxes not an option
Spokane Mayor Mary Verner says she’s not considering new taxes to bail the city out of its $10 million hole for 2011. City leaders will present a preliminary budget plan …
Sun., Nov. 22, 2009, midnight
Union releases deal’s terms
City Hall’s largest union will give up half of its promised 2010 pay raise to prevent layoffs, if the Spokane City Council signs off on a new agreement. Officials last …