Posts Tagged ‘trillion’

Heritage: Immigration bill costs $6.3 trillion

WASHINGTON (AP) — The conservative Heritage Foundation is claiming in a new report that bipartisan immigration legislation pending in the Senate would cost taxpayers $ 6.3 trillion. Politics News Headlines – Yahoo! News Tweet This Post

YouTube Reaches 1 Trillion Racist Comments

SAN BRUNO, CA—The Silicon Valley headquarters of YouTube reportedly erupted in cheers shortly after 10 a.m. local time Thursday as the popular video-sharing service celebrated The Onion Tweet This Post

Senate Democrats’ budget seeks $1.85 trillion in savings: source

WASHINGTON (Reuters) – Democrats on Wednesday will unveil a budget blueprint that attempts to slice federal deficits by $ 1.85 trillion over 10 years through an equal mix of spending cuts and tax increases on the rich, according to a Democratic source. The fiscal plan, which will be debated by the Senate Budget Committee this [...]

Report: Half trillion need to update schools

WASHINGTON (AP) — America’s schools are in such disrepair that it would cost more than $ 270 billion just to get elementary and secondary buildings back to their original conditions and twice that to get them up to date, a report released Tuesday estimated. In a foreword to the report, former President Bill Clinton said [...]

Republican budget plan seeks $4.6 trillion more in spending cuts

WASHINGTON (Reuters) – House Budget Committee Chairman Paul Ryan said on Monday he can balance the federal budget in 10 years without raising taxes any further by achieving $ 4.6 trillion in additional government spending cuts. Ryan, who plans to unveil the House Republican budget on Tuesday, said in a Wall Street Journal opinion piece [...]

National Debt Up $6 Trillion Under Obama

CBS News reports the national debt increased by more than $ 6 trillion since President Obama took office. Tweet This Post

Projected Deficit Falls Under $1 Trillion

The Congressional Budget Office is projecting an $ 845 billion budget deficit in fiscal year, the first time it has forecast a budget gap below $ 1 trillion under President Obama, The Hill reports. Taegan Goddard’s Political Wire Tweet This Post

Japan approves $1.02 trillion budget for 2013/14, borrowing at new highs

TOKYO (Reuters) – Japan's government approved on Tuesday a $ 1.02 trillion draft budget for the next fiscal year that aims to nudge tax revenues above new bond sales for the first time in four years, but still relies on borrowing to cover 46.3 percent of its spending. The first full-year draft budget compiled under [...]

White House Explains Rejecting $1 Trillion Coin

Paul Krugman gets a call from the White House after they rejected the trillion dollar coin idea to stave off default on the nation’s bonds: Tweet This Post

Treasury, Fed kill idea of $1 trillion platinum coins to avert debt crisis

WASHINGTON (Reuters) – So much for the $ 1 trillion platinum coin idea. The U.S. Treasury Department said on Saturday it will not produce platinum coins as a way of generating $ 1 trillion in revenue and avoiding a battle in Congress over raising the U.S. debt ceiling. The idea of creating $ 1 trillion [...]