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Showing posts with label federal spending cuts. Show all posts
Showing posts with label federal spending cuts. Show all posts

Sunday, February 24, 2013

Obama administration warns of impact of broad budget cut

WASHINGTON: The Obama administration is painting a dire portrait of widespread flight delays, off-limit seashores, and unprotected parks among the many ways the public will feel the effects of automatic federal spending cuts due to begin March 1.

Thursday, January 03, 2013

US fiscal cliff deal to slow growth: Economists

WASHINGTON: The political deal to pull the US away from the " fiscal cliff" will still hit economic growth and efforts to generate jobs, economists said Wednesday, but the country will avoid a feared recession.

Saturday, December 08, 2012

Consumer confidence plunges on "fiscal cliff" fears

NEW YORK (Reuters) - Americans' outlook on the economy and their finances took a turn for the worse in early December, likely due to anxiety about the potential for higher taxes resulting from contentious discussions in Washington over fiscal issues, a survey released on Friday showed.

Sunday, November 18, 2012

US industrial production drops 0.4 percent

WASHINGTON (AP) — Superstorm Sandy depressed U.S. industrial output in October, the latest indication that the storm could temporarily slow the economy.