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government spending

President Barack Obama. (Photo by Ron Sachs-Pool/Getty Images)

Obama: ‘Threat’ Of Debt Ceiling Remains A Political ‘Loaded Gun’

President Barack Obama spoke with the Wall Street Journal’s CEO Council meeting of nearly 100 chief executives, reiterating that his administration is not “lavishly spending,” and the debt ceiling is more of just a “loaded gun” for politics.

11/20/2013

Warren Buffett likens it to a nuclear attack. Economists warn that government spending on programs like Social Security would plunge. The Treasury says the economy would slide into a recession worse than the last. (Photo by Spencer Platt/Getty Images)

Around The World, Investors And Companies Shrug At US Default

Warren Buffett likens it to a nuclear attack. Economists warn that government spending on programs like Social Security would plunge. The Treasury says the economy would slide into a recession worse than the last.

10/14/2013

The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years. (Photo by Chip Somodevilla/Getty Images)

US Budget Deficit Down 37.6 Percent Through July, Lowest In 5 Years

The government has reported a $97.6 billion deficit for July but remains on track to post its lowest annual budget gap in five years.

08/12/2013

Speaker of the House John Boehner (R-OH) walks to the House chamber to speak on the pending "fiscal cliff" negotiations on Dec. 11, 2012 in Washington, D.C. (credit: Win McNamee/Getty Images)

Boehner: ‘Let’s Be Honest … We’re Broke’

Senate Republican Leader Mitch McConnell insisted on Tuesday that President Barack Obama and Democrats spell out where they would cut government spending as part of any massive budget deal to avoid the “fiscal cliff” double hit of automatic tax hikes and spending cuts.

12/11/2012