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Latest from The Spokesman-Review
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House votes to permit $1.9 trillion more debt
February 4, 2010 in Nation/World WASHINGTON — The House has approved a measure allowing the U.S. government to borrow $1.9 trillion to pay its bills. 4
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Plan spends more, for now
February 2, 2010 in Nation/World on Page A1 WASHINGTON – President Barack Obama on Monday sent Congress a federal budget for the coming fiscal year that projects a near-record $1.27 trillion deficit, saying he would create a bipartisan … 1
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Smart Bombs: Slogans don’t kill. People do
January 27, 2010 in Opinion on Page A15 Try as I might, I can’t compress the point I’m about to make into a soundbite. Nonetheless, here it goes. The nation cannot seriously address the budget deficit without a … 1
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Senate scotches deficit panel
January 27, 2010 in Nation/World on Page A1 WASHINGTON – The Senate on Tuesday rejected a proposal to establish a potentially powerful commission to reduce the federal budget deficit, despite President Barack Obama’s endorsement and swelling voter anger … 2
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Federal spending bill tests debt limit
December 14, 2009 in Nation/World on Page A1 WASHINGTON – The Senate cleared for President Barack Obama’s signature on Sunday a $447 billion omnibus spending bill that contains thousands of earmarks and double-digit increases for several Cabinet agencies, … 4
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Federal deficit $1 trillion, climbing
July 14, 2009 in Nation/World on Page A3 WASHINGTON – The federal deficit has topped $1 trillion for the first time ever and could grow to nearly $2 trillion by this fall, intensifying fears about higher interest rates, … 1
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Several factors combined to cause a historic deficit
July 14, 2009 in Nation/World on Page A3 Here are some questions and answers about what happened to the federal budget, and how we got to a $1 trillion deficit. Q. Just how did we go from a … 2
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Obama proposes $3.6 trillion budget
February 27, 2009 in Nation/World on Page A3
WASHINGTON – President Barack Obama charted a dramatic new course for the nation Thursday with a bold but contentious budget plan proposing higher taxes for the wealthy and the first …
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Obama’s budget foresees $1.75 trillion deficit
February 26, 2009 in Nation/World
WASHINGTON — President Barack Obama unveiled a multi-trillion-dollar spending plan Thursday that would boost taxes on the wealthy, curtail Medicare, lay the groundwork for universal health care and leave a …
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Obama calls for slashing deficit in half
February 24, 2009 in City on Page A1 WASHINGTON – Urging strict future restraint even as current spending soars, President Barack Obama pledged on Monday to dramatically slash the skyrocketing annual budget deficit as he started to dole …
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Performance officer named as nation faces record deficit
January 8, 2009 in Nation/World on Page A3 WASHINGTON – Pointing with concern to “red ink as far as the eye can see,” President-elect Barack Obama pledged Wednesday to tackle out-of-control Social Security and Medicare spending and named …


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