US consumers won’t spend to aid European recovery
The Washington-based Office of Management and Budget (OMB) has predicted the unemployment rate will drop just half a percentage point next year from 9.5%
After the European bank stress tests, all eyes are on the US. From a beleaguered Sacramento, where Governor Schwarzenegger is struggling to reduce California’s £20bn deficit, to Florida, where the sunshine state’s [...]
Peter Orszag to resign from Obama’s White House | Richard Adams
Peter Orszag is to step down as White House budget director, the first major resignation from Obama’s administration
Peter Orszag, once profiled as “Washington’s sexiest geek”, is to step down from President Obama’s administration after 18 months as director of the Office of Management and Budget – one of the most strenuous jobs in any White [...]
Obama’s 2011 budget: US public spending by department since 1962
Barack Obama’s second budget is already controversial. Find out what it means for each department, how it compares to George Bush’s last one – and how it’s changed since 1962• Get the data
After a while they just appear to be unimaginably big numbers. By early 2011, the US government will have spent $3.8 trillion in [...]
Nasa budgets: US spending on space travel since 1958
As Barack Obama’s latest budget cuts Nasa funding and derails plans for a return to the Moon, we look back at how US space priorities have changed• Get the data
Nasa’s budget is under the spotlight. According to a report in the New York Times, its mission to return astronauts to the moon would be grounded [...]
