The Dutch ace beat Ferrari’s Charles Leclerc to take pole position for the sprint race
sports2 hours ago
The move will highlight Obama’s vow to trim unneeded spending from the budget as the deficit is inflated by hundreds of billions of dollars in federal spending intended to rescue the crisis-mired economy.
Obama will ask cabinet secretaries to identify cuts of a collective 100 million dollars over the next 90 days, an administration official said on condition of anonymity.
“Agencies will be required to report back with their savings at the end of 90 days,” the official said.
Republicans have accused Obama of bankrupting future generations of Americans with big-spending budget proposals, but the administration counters short-term expenditures are vital to economic recovery.
The cabinet meeting comes on the heels of Obama’s whirlwind weekend of diplomacy at the Summit of the Americas in Trinidad and Tobago, dominated by signs of a tentative thaw between the United States and Cuba.
Back in Washington, however, domestic priorities are set to shape the agenda in coming weeks, as the administration renews its bid to reignite the economy.
The nonpartisan Congressional Budget Office (CBO) forecast last month the budget deficit could hit 1.845 trillion dollars for the whole year, based on Obama’s 3.5-trillion-dollar budget plan approved by Congress.
The CBO said its budget deficit estimate for fiscal 2009, which ends on September 30, would be four times the 2008 record shortfall and amount to 13.1 percent of the country’s total economic output.
The Obama budget forecasts a 1.750 trillion dollar deficit in fiscal 2009.
The Dutch ace beat Ferrari’s Charles Leclerc to take pole position for the sprint race
sports2 hours ago
Extreme heat has blasted Asia from India to the Philippines in recent weeks, triggering heatstroke deaths, school closures and desperate prayers for cooling rain
asia3 hours ago
Special attention is directed towards controlling mosquitoes in stagnant water, ministry says
uae4 hours ago
That's why we have the CAA (Citizenship Amendment Act), which is to open up doors for people who are in trouble, Subrahmanyam Jaishankar said
asia4 hours ago
King Abdullah II last visited the White House in February when he called for an immediate ceasefire
mena5 hours ago
Fujairah Airport earlier said it would connect the emirate to 18 new destinations
aviation6 hours ago
They were chauffeured in Ferrari and Bentley cars and got to dance to their heart's content in a private yacht party
uae6 hours ago
The country is prone to landslides during the rainy season, with the problem aggravated in some places by deforestation
asia6 hours ago