Category Archives: Money Matters

Obama orders Cabinet to cut spending by $100M

Obama orders Cabinet to cut spending by $100M WASHINGTON (AP) – President Barack Obama on Monday ordered his Cabinet to find ways to slice spending by $100 million, but acknowledged it’s a “drop in the bucket” and said there’s a … Continue reading

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Obama to ask agency heads for budget cuts

Obama to ask agency heads for budget cuts WASHINGTON — President Obama said Saturday he will ask all of his department and agency heads for specific proposals for cutting their budgets at his Cabinet meeting early next week as he … Continue reading

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White House planning more auto financial aid

White House planning more auto financial aid WASHINGTON (AP) – The Obama administration was finishing work on a plan to give more financial aid to two Detroit automakers in return for tough cost-cutting measures that will ensure the companies’ survival. … Continue reading

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