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Federal Budget (U.S.)

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  • Efficiency of US government     Thursday, 24 Jul 2014 | 2:05 PM ET

    Philip Howard, author of "The Rule of Nobody," discusses the inefficiency of the U.S. government when it comes to issuing IT contracts and shares his opinions on if the U.S. government is broken.

  • US debt will eclipse GDP in 25 years: CBO Tuesday, 15 Jul 2014 | 11:50 AM ET

    U.S. public debt remains unsustainable and will reach 106 percent of economic output in 25 years, the Congressional Budget Office said.

  • This US project is 10 years late, $1.5B over budget Monday, 7 Jul 2014 | 10:55 AM ET
    Construction of Coast Guard Headquarters at St. Elizabeths.

    Construction on the Department of Homeland Security's new headquarters has fallen behind as Congress recommends slashing its budget.

  • Reforming taxes and immigration: Gregg     Tuesday, 1 Jul 2014 | 7:07 AM ET

    Judd Gregg, Nuclear Matters co-chair and former U.S. Senator, (R-NH), shares his thoughts on President Obama's immigration plans. Gregg says tax reform and immigration reform need to take place together.

  • US consumer confidence rises to six-year high Tuesday, 24 Jun 2014 | 10:43 AM ET
    Shoppers walk through Herald Square, outside Macy's on 34th Street on May 1, 2014 in New York City.

    U.S. consumer confidence rose to a six-year high of 85.2 in June, beating estimates of 83.5.

  • Prisons offer captive market for gadget makers Monday, 23 Jun 2014 | 10:42 AM ET

    Slammer-ready typewriters, tablets and flatscreen TVs come with security screws and clear plastic for easy inspection. NBC reports.

  • US records $130B budget deficit in May Wednesday, 11 Jun 2014 | 3:24 PM ET

    The U.S. reported a $130 billion deficit in May after a surplus in April, but this year's imbalance is on track to be the lowest in 6 years.

  • McConnell: GOP open to tax holiday proposal Tuesday, 10 Jun 2014 | 4:26 PM ET
    U.S. Senate Minority Leader Mitch McConnell

    Senator Mitch McConnell said Republicans were open to using a tax holiday for multinational companies to pay for highway construction.

  • Fed's Fisher wants QE to end in October Wednesday, 4 Jun 2014 | 8:40 AM ET
    Richard Fisher, president and chief executive officer of the Federal Reserve Bank of Dallas.

    If the Fed continues on its current pace, its monthly purchase of bonds will be down to $15 billion by the time it meets in October.

  • Traitor or patriot? Snowden defends his actions Wednesday, 28 May 2014 | 11:05 PM ET
    Edward Snowden

    Edward Snowden defended his report of the American government's surveillance programs to spy on its people, and described himself as a patriot.

  • The Pentagon is ready for ... zombies? Wednesday, 14 May 2014 | 1:20 PM ET

    The U.S. federal government has a contingency plan in the event zombies ever overrun the country, according to Foreign Policy Magazine.

  • Pimco: Bull markets as we know them about to end Tuesday, 13 May 2014 | 11:55 AM ET

    In its secular outlook, Pimco said that the next three to five years suggest an end to bull markets as investors have known them.

  • US on track to slash annual deficit Monday, 12 May 2014 | 2:35 PM ET

    This year, the government has run $306 billion into the red. That deficit is 37 percent smaller than it was in the same period of fiscal 2013.

  • Fed tests new way to tighten monetary policy Friday, 9 May 2014 | 11:24 AM ET
    The Marriner S. Eccles Federal Reserve building in Washington.

    The Federal Reserve said it plans to conduct another series of eight operations offering seven-day term deposits through its Term Deposit Facility.

  • Fewer audits this year due to budget cuts: IRS Wednesday, 7 May 2014 | 4:34 PM ET

    IRS Commissioner Koskinen said the IRS will audit 100,000 fewer individuals this year as part of congressionally mandated cuts to the agency's budget.

  • Buckle up! Economists turn negative on GDP growth Thursday, 1 May 2014 | 12:18 PM ET

    Economists polled by CNBC have reversed earlier projections for positive GDP growth and now forecast that the economy contracted in the first quarter.

  • Consumer confidence falls short of estimates Tuesday, 29 Apr 2014 | 10:00 AM ET
    Shoppers flocked to the South Shore Plaza mall in Braintree, MA.

    U.S. consumer confidence dipped in April as consumers were discouraged by business and labor market conditions, according to a report.

  • Obama budget plan would boost tax revenues: CBO Thursday, 17 Apr 2014 | 11:14 AM ET
    President Barack Obama

    President Obama's fiscal 2015 budget request would boost US tax revenues by nearly $1.4 trillion over 10 years if fully enacted, the CBO said.

  • CBO projects deficit to fall: Report     Monday, 14 Apr 2014 | 3:12 PM ET

    The Congressional Budget Office is cutting its estimates of the U.S. deficit to $492 billion due to lower-than-expected Obamacare premiums, reports CNBC's Eamon Javers.

  • Govt cuts deficit expectations, cites Obamacare Monday, 14 Apr 2014 | 12:45 PM ET
    Hisham Uadadeh enrolls in a health insurance plan under the Affordable Care Act on Feb. 13, 2014, in Miami.

    US budget deficits over the next decade will be $286 billion less than previously estimated, the Congressional Budget Office said on Monday.