Latest Douglas Holtz-Eakin Stories

2009-08-11 08:20:35

The federal budget deficit is likely to increase as the recession in the United States continues to shrink the federal tax base, economists said. This is going to be a very depressing outlook, former Congressional Budget Office director Douglas Holtz-Eakin told USA Today Tuesday. With stimulus spending scheduled to increase and unemployment at 9.4 percent, the federal deficit is expected to jump to $1.7 trillion or $1.8 trillion this year, four times the federal deficit of 2008, the newspaper...

2008-10-17 08:45:00

By Sandra Block In his acceptance speech at the 1984 Democratic convention, Walter Mondale promised to reduce the budget deficit by raising taxes. He later went on to lose every state but his home state of Minnesota and Washington, D.C.

2008-10-15 08:00:00

By David Jackson WASHINGTON -- Republican presidential nominee John McCain pitched new tax breaks and other incentives Tuesday to help investors and senior citizens. Democratic rival Barack Obama said he is still reviewing all of McCain's plans, but he believes some of them do not go far enough.

Word of the Day
  • a slit in a tire to drain away surface water and improve traction.
The word 'sipe' comes from Old English and is related to 'seep'.