Tags: deficit

2Q2012 USA Current Account Deficit Decreased

September 18th, 2012
in econ_news, syndication

The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $117.4 billion (preliminary) in the second quarter from $133.6 billion (revised) in the first quarter. The de… more »

Republican Vice President Candidate = Paul Ryan

August 11th, 2012
in econ_news, syndication

Econintersect:  It is now more than rumor, Paul Ryan has been selected by apparent Republican Presidential candidate Mitt Romney to the the "apparent" Vice Presidential candidate.  It is time to start getting up to speed on Paul Ryan - and what he wants… more »

Spain: Austerity Increases Deficit so Taxes Will Be Raised

January 2nd, 2012
in econ_news

Econintersect:  The new conservative government in Spain will cut spending by almost € 9 billion and raise taxes on property and higher incomes but is still warning that the deficit will be higher than expected.  The deficit under the Socialist governmen… more »

New York State Plans to Cut Taxes, Eliminate Deficit, Increase Spending

December 8th, 2011
in econ_news

Econintersect:  Michael Likosky, Director of the Center on Law and Public Finance at New York University has been a leading proponent of government infrastructure banks.  An e-mail from Likosky alerted Econintersect to the latest news about public infras… more »

USA Defense Threatened by Congress Budget Control Act

October 28th, 2011
in econ_news

Econintersect: In testimony to Congress, Douglas W. Elmendorf, Congressional Budget Office (CBO) Director stated that the military blueprint for national defense likely suffer IF the Joint Select Committee on Deficit Reduction cannot reach a consensus AN… more »

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