Saturday, November 5th, 2011
A “bold” deficit-reduction deal worth $4 trillion is possible, say two influential lawmakers, one a Democrat the other a Republican, who expressed willingness to compromise over their previous positions on taxes and spending.
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Wednesday, September 28th, 2011
The European Union toughened the enforcement of rules to control budget deficits in a bid to prevent a repetition of the Greece-triggered debt crisis that threatens the euro and global growth.
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Thursday, August 18th, 2011
A new attempt at a "grand bargain" with Republicans would combine long-term U.S. deficit reduction through entitlement benefit cuts and tax increases with immediate steps to boost job growth
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Wednesday, August 17th, 2011
President Barack Obama plans to ask Congress for billions of dollars in fresh spending to reduce unemployment while also proposing to take a bigger bite out of the nation’s long-term deficit.
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Sunday, August 14th, 2011
Gary Locke, the new U.S. ambassador to China, said today that President Barack Obama and the United States government are “committed to getting our fiscal house in order.”
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