Snow: No Need to Cut War Spending
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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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The plan leaves any controversial decisions over war spending for a later discussion.
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Treasury Secretary John Snow, an aggressive champion of the administration&#39;s economic policies, accepted President Bush&#39;s offer Wednesday to remain in the Cabinet.
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Treasury Secretary John Snow pledged to reduce the US budget deficit, blamed by Europeans for the euro&#39;s gains against the dollar and cited as a risk to global growth by ministers from 20 industrial and emerging economies.
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By Fraser Sherman, Destin Log, Fla.  Sep. 13--Cutting spending projects from Destin's budget can hurt Destin residents even if it saves them money, City Councilor Sam Seevers says.
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On the clear benefits of a dollar that won't spend.
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House Republican leaders said Wednesday that they may cut some of the nonmilitary parts of President Bush's $82 billion budget request for Iraq and anti-terrorism efforts because they are not emergencies.
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U.S. Treasury Secretary John Snow on  Friday said higher oil prices were a risk to global growth, but  would not be likely to cause a recession.
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With protests growing around the world about US deficits and a weak dollar, US Treasury Secretary John Snow has made it clear that's not what he wants to talk about during his European tour.
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Treasury Secretary John Snow, in Florida for the fifth time this year, rebuffed suggestions on Wednesday he was using taxpayer dollars to fund trips to hotly contested electoral states.
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US Treasury Secretary John Snow paid his seventh visit of the year on Friday to the electoral battleground state of Ohio but said his trip had nothing to do with the the fast-approaching election.
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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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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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The House passed a $120 billion war-spending bill Thursday that had been the primary point of contention between Democrats and President Bush. The bill does not include a deadline for U.S. troops to pull out of Iraq as Democrats originally demanded but does have political benchmarks that the Iraqi government should meet to keep reconstruction aid flowing. It also includes a raft of domestic spending measures, including a federal minimum wage hike.
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US Treasury Secretary John Snow defends the White House's budget plans and tax cuts to a key congressional committee.
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US President George W. Bush plans to cut spending in his upcoming budget, not just trim the rate of growth in government outlays, Treasury Secretary John Snow said Sunday.
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U.S. military spending may soon hit post-World War II highs in real terms, but analysts expect this to mark the end of an 11-year buildup no matter who wins the White House in November.