Snow: Cutting Budget Deficit Top Priority
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U.S. Treasury Secretary John Snow said  on Wednesday that cutting a record budget deficit was a top  priority for the second-term Bush administration and challenged  Europe to play its part in helping trim the U.S. trade gap by  boosting its own economic growth.
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WASHINGTON (CBS.MW) -- With 29 days to go before the presidential election, a group of Democrats on Capitol Hill is pressing John Snow to do more to raise the federal government&#39;s mandatory debt ceiling, which is poised to be reached as soon as this week.
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LONDON  - US Treasury Secretary John Snow cited a &quot;shared responsibility&quot; to fight global economic imbalances while acknowledging that big US deficits need to be tackled.
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President Bush's new $2.57 trillion  budget makes cutting the deficit a "very difficult exercise"  because it relies on cuts in a fraction of overall government  spending, the director of the Congressional Budget Office said  on Thursday.
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U.S. Treasury Secretary John Snow  admitted on Tuesday that the United States budget deficit is  too big, but insisted there was no need to cut spending on the  "war on terror."
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By Brian Sargent, The Daily Oklahoman  Sep. 23--YUKON -- Earline Smaistrla wants to bring fiscal responsibility and accountability to the forefront of Oklahoma's political scene.
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GREENSBORO, N.C. - Democratic presidential candidate John Kerry said Tuesday's projection of a record budget deficit this election year and the continuing movement of U.S...
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The White House on Wednesday is expected to project a U.S. budget deficit for this year of just over $200 billion, down from prior estimates because of strong tax receipts, Republican sources said.
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The nation's budget deficit will drop to $205 billion in the fiscal year that ends in September, even as a worsening deficit picture for future years makes it more difficult for President Bush to meet his pledge of a surplus by 2012.
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US Treasury Secretary John Snow said on Wednesday that cutting a record budget deficit was a top priority for the second-term Bush administration and challenged Europe to play its part in helping trim the US trade gap by boosting their own economic growth
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The budget deficit for the current budget year will jump to about $250 billion, the Congressional Budget Office estimated Wednesday, citing the weakening economy
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US emergency cut in response to weakening economic outlook and recession fears
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Having generated record federal deficits with tax cuts in his first term, George W. Bush has promised that &quot;fiscal restraint&quot; is now in order.
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Public borrowing is set to rise and the government will need to raise taxes or reduce spending to decisively cut the deficit, the Organisation for Economic Cooperation and Development says.
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By Scott Richardson  BLOOMINGTON - Melting snow, frozen ground and rain on the way had officials focused on two key water issues on Tuesday.
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US Treasury Secretary John Snow on Wednesday expressed his concerns about the huge US federal deficit but also said that an improving economy already is beginning to reduce the red ink.
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THE US federal deficit will swell to a record $US422 billion ($608 billion) this election year but fall short of even more dire forecasts, Congress&#39; top budget analysts projected