Taxes and Spending


The Federal Budget

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Budget 101
A narrated guide to this year's budget proposal and a look at the federal budgetmaking process.

Bush's Proposed Health-Care Cuts Get Mixed Reviews

Depending on whom you ask, the budget that President Bush proposed last week will save or sink Medicare and Medicaid, two popular programs that, along with Social Security, threaten to swamp the federal budget as the baby-boom generation retires.


Tax Cuts May Come At a Price, Study Says

The federal government will need to either cut spending or raise taxes down the road to pay for extending President Bush's recent tax cuts, the Treasury Department said in a report released yesterday, dismissing the idea popular with many Republicans that such sacrifices can be avoided.


More News

Leaders Say Budget Deal Appears Near:  Funding for Roads Is Still Unsettled As Talks Continue (Post, June 13, 2006; Page B01)

Deal Reached on Iraq, Storm Spending Bill (Post, June 9, 2006; Page A06)

House Approves $2.8 Trillion GOP Budget Proposal (Post, May 18, 2006; Page A08)

Bush Signs $70B Tax-Cut Package:  Democrats Label Bill a Boon to Wealthy Americans (Post, May 17, 2006; 4:21 PM)

House Passes $70 Billion Tax Package:  Voting on Party Lines, Lawmakers Extend Benefits to Middle Class (Post, May 11, 2006; Page A08)

Senate Defies Bush on Spending Bill:  $109 Billion Bill for Wars, Storm Relief Disdained in House (Post, May 5, 2006; Page A01)

Tax Deal Sets Day of Reckoning in 2011:  Tough Choice on Deficit in Store for President, Congress in 2011 (Post, May 4, 2006; Page A04)

To Earmarking Senators, Veto Seems to Spell Vote (Post, May 4, 2006; Page A04)

Bush, Hill GOP Agree To Extend Tax Cuts:  Democrats Point to Deficit and Benefits for the Rich (Post, May 3, 2006; Page A05)

Congress Seeks To Reconcile Divergent Bills:  Taxes, Spending at Issue (Post, December 10, 2005; Page A05)

Critical Votes Loom For Hill Republicans:  Party to Set Cuts to Entitlement Spending (Post, August 28, 2005; Page A04)

Revenue Surge Shrinks Deficit Unexpectedly:  Tax Cuts 'Working,' President Says, but Some Voice Caution (Post, July 14, 2005; Page A01)

House Passes $409 Billion in Defense Spending (Post, June 21, 2005; Page A08)

Bid to Limit Women in Combat Withdrawn (Post, May 26, 2005; Page A01)

Senate Passes $295 Billion Transportation Measure (Post, May 18, 2005; Page A05)

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