Overseeing a series of mandated U.S. budget cuts in the 1980s and 1990s, former White House official Barry Anderson was none too popular with agency officials as he insisted that the reductions be applied uniformly.
U.S. Senator Mary Landrieu said she plans to extend her hold on Jack Lew ’s confirmation to lead the White House budget office until the administration lifts or modifies its moratorium on deep-water drilling.
House Republicans want to reduce the U.S. deficit by ending more than 60 programs, including President Barack Obama ’s high-speed rail initiative, and cutting funds for the environment, energy, health care and law enforcement.
Constellation Energy Group Inc. pulled out of negotiations on a $7.5 billion loan guarantee to build a nuclear reactor in Maryland with Electricite de France SA , potentially damaging the French utility’s U.S. expansion plans and the companies’ partnership.
Look through President Barack Obama ’s proposed 2011 budget, and you’ll see a line calling for a $235 million increase in the Justice Department’s funding to fight financial fraud. Lucky for them, the people who wrote the budget can’t be prosecuted for cooking the government’s books.
President Barack Obama will send a multitrillion budget to Congress on Feb. 14, administration spokesman Kenneth Baer said, setting up a conflict over spending that may dominate a divided Congress for the rest of the year.