How much is the $100 million dollars in budget cuts compared to the federal budget as a whole? This video imagines the budget as $100 in pennies to provide the answer. For more on the budget, mathematics and political visualizations, follow me on Twitter: @PoliticalMath

Updated on : Sat, 04 Sep 2010 09:48:27 +0000

Bill Plante reports on President Obama's release of the first budget for fiscal year 2011that proposes a total of $3.8 trillion with a deficit of $1.4 trillion.

Updated on : Tue, 24 Aug 2010 10:56:47 +0000

Mandatory spending in the form of Social Security, Medicare, Medicaid and interest on the national debt is growing every year and making it more and more difficult to balance the budget. This video walks through a visualization of the budget by 2017 and wonders if it is prudent to add healthcare reform to the portion of the budget that can't be reduced. If you're looking for details of how I got these numbers, I explain in enormous detail over at by blog: politicalmath.wordpress.com And follow me on Twitter, if that's your bag: @PoliticalMath

Updated on : Tue, 31 Aug 2010 13:51:26 +0000

On Thursday, February 26th, President Obama submitted his first budget to Congress, making the case for the vital investments that will lay the foundation for America's future prosperity.

Updated on : Wed, 01 Sep 2010 19:20:15 +0000

While the president's $100 million dollar cuts weren't even a drop in a bucket, the $17 billion in cuts at least means something. But it's a far cry from the "net spending cuts" we were promised. NOTE: Thank you to FactCheck.org for noticing an error in my arithmetic. The Bush budget was actually 12 gallons less than the Obama budget (not 9)... so the real difference is actually greater than the video portrays. For more on visualization and numbers follow me on Twitter: @PoliticalMath

Updated on : Sat, 28 Aug 2010 23:47:06 +0000

President Obama Talks About the 2011 Budget, the Deficit, and Tax Cuts & Credits visit: firedoglake.com

Updated on : Tue, 24 Aug 2010 07:31:06 +0000

President Barack Obama unveiled a multitrillion-dollar spending plan that would boost the deficit to a record-breaking $1.56 trillion. AP's Mark Smith reports. (Feb. 1)

Updated on : Mon, 23 Aug 2010 10:39:49 +0000

Live! From Washington DC: Sen. Judd Gregg Holds News Conference (Bloomberg News)

Updated on : Thu, 26 Aug 2010 21:31:33 +0000

IN THE FIELD: US President Barack Obama's proposed budget, unveiled on Thursday, anticipates an economic contraction of 1.2% in 2009, though his projections were more optimistic than those of the Congressional Budget Office.

Updated on : Fri, 27 Aug 2010 16:49:16 +0000

Nov 25 - President -elect Barack Obama promised to instill more confidence in the federal budget system and eliminate unnecessary programs.The man who will be responsible for the White House budget office -- overseeing cuts in the federal budget and simultaneously overseeing a costly stimulus package will be Peter Orszag who now runs the Congressional Budget Office.Jon Decker reports.

Updated on : Thu, 26 Aug 2010 12:51:04 +0000

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