Congressional Budget Office releases projections today showing that federal budget deficits to be larger than projected.
Stay the Course
By Michael Ettlinger | March 20, 2009
The projections released today by the Congressional Budget Office, which says federal budget deficits through 2019 are likely to be larger than projected by the Obama administration, are mixed news. If the CBO projections prove to be accurate, then the government will be offering greater economic stimulus in the short run to an economy sorely in need of a substantial jolt to bring it back. The challenges in the long run, however, will be greater. Read more
Following inauguration last Tuesday, the new president hit the ground running with a long list of challenges to address.
Week One: A Strong Start for the President
Following inauguration last Tuesday, the new president hit the ground running with a long list of challenges to address. While most of the focus has been on his first 100 days, his first week provided a glimpse into where his priorities lie, largely in line with his agenda during the campaign. "This moment of peril must be turned to one of progress," President Obama explained one week after taking office. His most immediate major challenge being global economic problems, his weekly radio address expressed his feelings on the subject. "We begin this year and this Administration in the midst of an unprecedented crisis that calls or unprecedented action." Read more