Government Spending & Budgets

White House Endorses Internet Sales Tax Legislation

April 22, 2013

“”The Administration strongly supports S. 743, which will level the playing field for local small business retailers that are in competition every day with large out-of-state online companies,” reads the Obama administration’s statement on the policy.”

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Judge Accepts Bakrutcpy Application for the City of Stockton, California

April 2, 2013

“The city of nearly 300,000 people has become emblematic of government excess and the financial calamity that resulted when the nation’s housing bubble burst.”

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President Obama Signs Stopgap Spending Bill to Fund Government Until September 30th

March 28, 2013

“White House spokesman Jay Carney said that the new bill extends funding levels that were agreed upon by both parties. Congress approved the measure last week. It maintains sequestration, which is the $85 billion worth of automatic budget cuts that took effect March 1.”

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Government Waste: House Republicans Spend $3 Million Defending DOMA

March 27, 2013

“All told, the House legal defense of the Defense of Marriage Act cost six times as much as the House GOP leadership originally anticipated.”

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Attorney General Holder Avoids Prison Staff Furloughs By Moving $150 Million From Other Justice Department Accounts

March 24, 2013

“Some 38,000 employees at the U.S. Bureau of Prisons supervise 176,000 inmates at 119 institutions, ensuring security and providing prisoners with needed programs.”

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U.S. State Department Unblocks $500 Million in Aid to the Palestinian Authority

March 24, 2013

“The Obama administration also notified Congress in late February that it was seeking a further $200 million to fund US Agency for International Development (USAID) programs for the Palestinians, she said.”

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U.S. Senate Passes First Budget in 4 Years — By a Vote of 50 to 49

March 23, 2013

“All the Democratic senators who voted “no” are up for reelection in 2014 in states that voted for [Republican] Mitt Romney.”

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Budget Sequester: Federal Aviation Administration to Close 149 Contracted Control Towers on April 7

March 22, 2013

“The Federal Aviation Administration spared 24 towers on its original list of 173 subject to closing, the Contract Tower Association, which represents companies running the facilities, said today in an e-mail. All towers being shut down are run by private companies.”

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European Central Bank Threatens to Cut-Off Crucial Funding to Banks in Cyprus on Monday

March 21, 2013

“As the European Central Bank threatened to shut off crucial financing for banks in Cyprus without a rapid accord on an international bailout, members of Parliament put off a vote on Thursday on yet another revamped formula. The vote was rescheduled for Friday.”

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Cyprus Government Officials Meeting With Russian Leaders in Moscow to Discuss Bailout

March 21, 2013

“In Moscow, Cypriot finance officials continued negotiations with Russian leaders over possible new funding.”

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Cyprus Government Leaders Under Pressure to Avoid Default on Debt

March 21, 2013

“Cypriot leaders scrambled Thursday to raise $7.5 billion to avoid a debt default for the island nation, but the European Central Bank warned it would cut off emergency funding Monday if the country cannot resolve its financial crisis.”

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U.S. Senate Passes Bill to Re-Instate Military Tuition Assistance Program Cut By Sequestration

March 21, 2013

“Democratic Senator Kay Hagan, along with a Republican Senator from Oklahoma, passed a bill in the senate that would re-instate the tuition program cut by sequestration.”

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U.S. House of Representatives to Vote on Senate Version of Stopgap Spending Bill on Thursday

March 20, 2013

“House leaders have indicated they are willing to accept the Senate’s version of the bill and are poised to pass it Thursday, sending it to President Barack Obama for his signature.”

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U.S. Senate Passes Stopgap Spending Bill to Fund Federal Government Through September

March 20, 2013

“The U.S. Senate approved a $984 billion spending bill on Wednesday ensuring that the federal government will not shut down next week, but also cementing in place $1.2 trillion in unpopular across-the-board spending cuts affecting most reaches of the federal government.”

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U.S. Senate Stopgap Spending Bill Excludes “Vital” Programs From Cuts

March 19, 2013

“The bill is a mixed blessing for President Obama and others, especially Democrats, who hope Congress will eventually reverse the recent cuts. “

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