Motley Moose – Archive

From America’s High School Newspaper:

Federal budget cuts in the U.S are coming too fast and slowing the pace of the U.S. recovery, the International Monetary Fund says in a new assessment of the U.S. economy.

When even the original Austerians think we’re too austere… well… I reckon there’s a problem.

Even more interesting is the advice from Director Lagarde:

In a press briefing Friday on the IMF’s forecast, IMF managing director Christine Lagarde said the U.S. should slow down budget cuts now but move faster in shaping a longer-term deficit reduction plan that would take hold when the economy is stronger.

In “TheresMoreVille,” we’ll see who else has been espousing such a strategy…

From the White House – Weekly Address

President Obama says that because Republicans in Congress allowed a series of harmful, automatic budget cuts-called the sequester-to take effect, important programs like Head Start are now forced to reduce their services. After travelers were stuck for hours in airports and on planes this past week, members of Congress passed a temporary band-aid measure to stop the cuts that impact airlines – but they must do more to stop cuts to vital services for the American people. That’s why it’s time for a balanced approach to deficit reduction that makes smarter cuts and reforms in the tax code while creating jobs and strengthening the middle class.

From the White House – Weekly Address

In his weekly address, President Obama says that businesses have created jobs every month for three years straight – nearly 6.4 million altogether, and have added 246,000 new jobs in February. We must keep this momentum going, and that’s why the President recently met with Republican leaders to discuss how we can replace the harmful, arbitrary budget cuts, called the “sequester,” with balanced deficit reduction.

From the White House – Weekly Address

In his weekly address, President Obama tells the American people that a series of harmful budget cuts-called the sequester-have taken effect because Congress failed to act. Because Republicans in Congress refused to compromise to close tax loopholes for the wealthiest Americans, hundreds of thousands of Americans will lose their jobs or see their paycheck reduced, and middle class families will be hurt. Congress must join the President now to replace these cuts with a balanced approach that reduces our deficit while also making smart investments in areas that help our economy grow.

From the White House – Weekly Address

President Obama urges Congress to stop the sequester — the harmful automatic cuts that threaten thousands of jobs and affect our national security from taking effect on March 1.