deficit

President Obama
9:40 am
Mon September 19, 2011

President Obama: the deficit reduction plan

President Barack Obama.
(UPI/Bill Greenblatt)

Thank you for joining us earlier this morning for the live webcast of President Obama's address on his deficit reduction plan.

For a summary of his address and more information, see this post from NPR's The Two-Way.

Earlier, we also posted The Two-Way's "Five things to know about Obama's deficit plan"

The Two-Way
8:51 am
Mon September 19, 2011

Five things to know about Obama's deficit plan

President Obama last week.
Jim Watson AFP/Getty Images

Originally published on Mon September 19, 2011 6:35 am

President Obama this morning outlines a deficit-reduction plan that his economists say would reduce anticipated federal budget deficits by about $4 trillion over the next decade.

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Sen. Roy Blunt
12:18 pm
Thu July 21, 2011

Blunt: Gang of Six plan raises too many questions to meet deadline

Mo. Sen. Roy Blunt says the "Gang of Six" plan is too complicated to agree on by the Aug. 2 deadline set by the Obama administration.
UPI/Bill Greenblatt

According to Mo. Sen. Roy Blunt the bipartisan “Gang of Six” plan to raise the debt ceiling and cut the deficit by $4 trillion is too complicated to agree on by the Aug. 2 deadline set by the Obama administration.

Speaking with reporters during a weekly conference call, Blunt said he might support a short- term solution to raise the debt limit in order to allow time for a broader plan to be implemented.

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Sen. Claire McCaskill
12:17 pm
Wed July 20, 2011

McCaskill: "Gang of Six" plan makes sense

Sen. Claire McCaskill says the "Gang of Six" plan to solve the looming deficit crisis makes sense.
UPI/Bill Greenblatt

Missouri Sen. Claire McCaskill says the bipartisan “Gang of Six” plan to steer the government away from a first-ever default on its financial obligations makes sense because it helps the deficit and lowers corporate and personal tax rates.

The democratic Senator attended the meeting on Capitol Hill Tues. where some 50 senators from both parties were briefed on the plan. McCaskill says most of the senators are excited about the compromise that was presented.

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Roy Blunt
5:30 pm
Tue March 1, 2011

Blunt: "everything has to be on the table" to reduce deficit

Then-U.S. Rep. Roy Blunt in 2010. Now-Senator Blunt said he sees little room for compromise when it comes to reducing the deficit.
(Bill Greenblatt/UPI)

The U.S. Senate announced today that it will accept a bill from the House to fund government for an additional two weeks, averting a government shutdown on Friday.

The House had proposed a budget which cut $60 billion in federal spending, which Senate Democrats complained was too much.

Siding with his former House colleagues, Missouri Senator Roy Blunt said he sees little room for compromise when it comes to reducing the deficit.

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2011 State of the Union
12:13 pm
Wed January 26, 2011

McCaskill, Blunt weigh in on State of the Union, freeze in spending

President Barack Obama in 2008. Last night during his State of the Union Address, Obama proposed a freeze in spending that Missouri's senators Claire McCaskill and Roy Blunt say doesn't go far enough. (St. Louis Public Radio)

Missouri's Senators Claire McCaskill and Roy Blunt agree that the president's proposal to cut the deficit does not go far enough.

President Barack Obama proposed a freeze in spending in his State of the Union speech last night.

McCaskill, a Democrat, says the president's spending cuts don't go far enough:

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