Republican Leaders’ Promise Republican leaders made a promise that they would cut spending by $100 billion this year alone if we the voters put their party in charge. In the House, the Republicans took over on February 19th. The Republicans kept their promise and approved cuts of $100 billion in President Obama’s proposed budget. The [...]
Read More...News on the Economic Crisis and Advice on How To Move Through it
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Archive for February, 2011
Ailing State Budgets
By Vickie Jimenez on Saturday, February 26th, 2011 | 2 Comments
No State Bailouts or Bankruptcy Protection Okay, there are not bailouts for states and they can’t file for bankruptcy protection. For the last two years the stimulus bill has propped up state governments. This year states are on their own and now states are in trouble. When stimulus runs out they face $125 billion in [...]
Read More...Jeff Sachs Speaks Food Crisis
By Vickie Jimenez on Wednesday, February 23rd, 2011 | No Comments