Looming Spending Cuts Would Hit Hard All Over
From NPR Topics: Economy
December 5, 2012 - 5:04pm
If Congress fails to reach an agreement on tax increases and spending cuts this year, it will mean sharp reductions in a broad swath of federal spending, from defense and Medicare to education and unemployment benefits. Economists say the cuts would be a serious setback for the economy as a whole.
December 5, 2012 - 5:04pm
Share This Article:
Economy Buzz
- May19 9:25pmDon't Cry for Me, Euro Zone
- May19 7:08pmWho’s a Better Employer: The Government or Wal-Mart?
- May19 6:19pmAn Independent Scotland Risks Financial Shocks
- May19 5:52pmUnemployed and Not Looking For Jobs: Wisconsin Will Make You Sweat
- May19 1:38pm'Keynes on Laissez-Faire'
- May19 1:23pmChinese Credit Surge Raises Property Fears
- May19 12:35pmHousing Dominates Week’s Data Calendar
- May19 11:47amFolly of Preserving the Euro at All Costs; Should France Lead Breakup of Euro?
- May19 10:34amDer Elefant im Raum
- May19 9:56am7 Big Stories That Traders Are Talking About This Weekend
- May19 9:28amObamacare’s Cadillac Tax Won’t be as Big as Thought
- May19 9:28amFederal Job Cuts: Popularity Contests Are No Insurance
- May19 9:19amInvestors: U.S., Japan In, China, Europe Out
- May19 8:46amThe Mythical 70s
- May19 8:28amWould Obama’s Minimum Wage Support a Middle Class?
- May19 8:02amJob market gains could lead Fed to taper QE3 early
- May19 6:49amBOE Chief Urges Growth Action
- May19 5:41amStories Of Hope Amid America's 'Unwinding'
- May18 8:49pmHall and Sargent: Fiscal Prioritization: Lessons from Three Wars
- May18 7:48pmPoll Shows 46% in UK Want to Exit EU, 30% Want to Stay In
- May18 5:10pmOn Stock Investing
- May18 5:03pmThe Winklevoss twins are Bitcoin bulls
- May18 4:43pmBernanke's advice for college grads
- May18 4:41pmInternships: Low-Paid, Unpaid Or Just Plain Illegal?
- May18 4:07pmCan Immigrants Spur Rust Belt Recovery?
- May18 3:21pmBen Bernanke Is Right About Interconnective Innovation
- May18 2:28pmNew Research in Economics: Self-interest vs. Greed and the Limitations of the Invisible Hand
- May18 2:07pmLet’s Not Ignore Economic Optimism
- May18 1:56pmOld-fashioned Austerity
- May18 1:14pmBernanke: Economic Prospects for the Long Run
- May18 12:42pmAn American Homecoming
- May18 12:42pmProtests in Italy Against New Coalition; How Long Will Coalition Last?
- May18 12:22pmHere’s Why the American Driving Boom Ended
- May18 11:31amBernanke Optimistic About Innovation
- May18 11:19amWill This Racist Columbia University Scholarship Get Updated?
- May18 11:14amBernanke upbeat on innovation outlook in commencement address
- May18 9:49amStock Market Trickery: The Gap Between Growth and Value
- May18 8:57amThe Liquidationist Urge
- May18 7:10amObama: It’s Time Main Street Gets a Recovery
- May18 6:12amU.S. Debt Pollyannas Due for Rude Awakening
- May18 5:00amNumber of the Week: Class of 2013, Most Indebted Ever
- May18 3:06amFed Watch: 'Dollar Up' and 'Confidence Boom?'
- May17 6:25pmFriday Night Music: Suzanne Vega, Gypsy
- May17 6:08pmObama budget cuts deficit $1.1 trillion over decade: CBO
- May17 5:52pmDo Americans Care About the IRS Scandal?
- May17 5:27pmIs Powerball a Good Bet? Keep Dreaming
- May17 5:05pmTreasury gears up to buy time under reimposed debt cap
- May17 4:34pmA ‘Foolish Mistake’ Has Never Cost the IRS More
- May17 4:10pmIs It Time to Worry About Low Inflation?
- May17 3:58pmAre the Obamacare-IRS Scandal Links Growing Deeper?
