All Posts Tagged Tag: ‘budget’

Summer Vacation Ideas On A Budget

Summer vacation time is here and generally, that makes the wallet cringe. With the economy still on the slow rise people are traveling more, but are being a little more cautious. If you are in this situation, but want to give your family a great summer vacation, here are some ideas for more cost- and family-friendly summer vacations to take …

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A-10 Warthog: Budget Cuts Put Future In Jeopardy

Secretary of Defense Chuck Hagel has come under fire for a decision to permanently do away with an entire fleet of A-10 aircraft. The choice to eliminate the A-10 aircraft was made as part of a series of budget cuts for 2015. The plan would save $3.5 billion dollars over five years, but it would also mean the end of …

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Military Pension Cuts Could Save The Budget

Defense Secretary Chuck Hagel has ordered a 20 percent cut in “burgeoning military personnel costs” in an effort to slim down the military costs plaguing the country. “We all know that we need to slow cost growth in military compensation,” Hagel told a Pentagon press conference. “We know that many proposals will be controversial and unpopular. … Tough decisions will …

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Breaking News: Senate Ends Budget Debate

After weeks of concern that we were headed for yet another government shutdown, it seems that might not be the case at all. A bipartisan effort to bring the budget debate to a final vote suggests there’s a chance the majority of senators may approve the latest version of the proposed budget. The New York Times reports that a 67-33 …

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6-Year-Old Tries to Save NASA with White House Petition

With NASA budget cuts looming, one 6-year-old kid is taking as direct a route as he can to ask President Obama to save the nation’s space program. Connor Johnson of Denver, Colorado loves space and hopes to be an astronaut one day. “The whole reason I want to be an astronaut so I can discover, like, new worlds and discover, …

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Stamps Increase: USPS Seeks To Raise The Price

The USPS is seeking to increase the price of stamps, which will certainly be disapproved of by American citizens. The postal service is planning a 3-cent increase, which would raise the price to 49 cents, in order to mail a letter. The proposal of this rate increase must be approved by the independent Postal Regulatory Commission. If accepted, the increase …

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Healthcare Law: Republicans Threaten to Shut Down Gov if Obamacare Isn’t Defunded

After the fiscal cliff crisis talks in late 2012 to early 2013, another budget crisis is the last thing anyone wants to hear about as we near the end of 2013. Unfortunately, House representatives are talking of a partial government shutdown (again) that could happen in less than two weeks. This possible shutdown depends on one thing: stopping the new …

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Food Stamps Cut: $4 Billion Cut by House

Millions of people could see their food stamps benefits decrease or go away after the House voted for $4 billion per year for the next 10 years in food stamp cuts. House Republicans introduced the new legislation earlier this week, and passed H.R. 3102, the Nutrition Reform and Work Opportunity Act, on Thursday with a 217-210 vote. The bill still …

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NPR Buyouts: Plan To Cut Staff By 10%

NPR announced on Friday that it will attempt to reduce its staff by about 10% through voluntary buyouts, in order to balance the budget. NPR is a very popular source of news and entertainment for many people, and it is sad to hear of news like this. Hopefully people will not have to miss out on too many of their …

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McDonald’s Crazy Budget Blowback

Social media channels blew up last week over McDonald’s putting out some training materials for its employees that included a sample budget to help them learn how to manage their personal income. Why would everyone have a problem with one of the largest employers in the United States encouraging responsible money-handling? It all came down to the amounts McDonalds filled …

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Limbaugh “Ashamed” of the U.S. Over Sequestration

This week conservative radio show host Rush Limbaugh embarked on a tirade during his show and ended up admitting that he is “ashamed” of the U.S. The host blasted the issue of sequestration, calling it a repeat of other “crises” such as the auto bailouts or the fiscal cliff, and stating that the budget cuts are a “joke.” “It is …

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Obama Says No Google Or Facebook Without Govt.

President Barack Obama is in full campaign mode. The one thing that he will preach to his supporters is that the Republicans are trying to gut the government. He said that under the Republican budget “the government is shrunk to the point where things that we take for granted as a society — as an advanced, responsible society — are …

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