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NewsPapers
- -01-25-11 Home Prices Drop (Time.com)
"Home prices are falling across most of America's largest cities, and average prices in eight major markets have hit their lowest point since the housing bust." 01-11
- 01-26-11 New-Home Sales Lowest in 47 Years (Time.com)
"Buyers purchased the fewest number of new homes last year on records going back 47 years." 01-11
- Bill Clinton's Vision for the Economy (CNN News)
"First of all, we face more and more intense competition from around the world, and at the same time we have adopted—except in the eight years I served and the first two years President Obama was serving—this antigovernment philosophy, which has mostly, as I point out, been an antitax and an antiregulation philosophy, so that we have dramatically increased the national debt and our reliance on other countries to fund it. Now we are facing the retirement of the baby boomers and once again a dramatic increase in health care cost. So we have to figure out a way to put the country in the future business. We have to get ahold of the long-term debt problem, and we have to revitalize the private sector. And you can’t do it with an antigovernment strategy. You have to have a smart government and a strong economy." 11-11
- President Obama Presents His Budget Ideas (New York Times)
"President Obama called for cutting the nation’s budget deficits by $4 trillion over the next 12 years on Wednesday, countering Republican budget plans with what he said was a more balanced approach that relies in part on tax increases for the wealthy as well as on spending cuts."
"In a 43-minute speech that serves as the administration’s opening bid for negotiations over the nation’s fiscal future, Mr. Obama conceded a need to cut spending, rein in the growth of entitlement programs and close tax loopholes." 04-11
- President Obama's Speech on the Budget (New York Times)
Provides the text of the speech. 04-11
- The People's Budget (Economic Policy Institute)
"The Congressional Progressive Caucus has drafted a progressive budget, titled the People’s Budget, as an alternative to the House Republican 2012 budget and President Barack Obama’s 2012 budget request. The Economic Policy Institute (EPI) has analyzed and scored the specific policy proposals in the People’s Budget and modeled their cumulative impact on the federal budget over the next decade." 04-11
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