Paulson: Growth Can Spur Balanced Budget
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WASHINGTON -- The Bush administration urged skeptical members of Congress on Tuesday to support the president's new $2.9 trillion spending plan, arguing that the budget can be balanced without raising taxes.
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The U.S. Senate should quickly approve a $150 billion proposal to boost the sagging economy and resist the urge to add new benefits to the package, Treasury Secretary Henry Paulson said on Sunday.
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One budget-cutting proposal on the table
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Treasury Secretary Henry Paulson on  Friday said that it will take time to work through the problems  contributing to current financial market turmoil but expressed  confidence U.S. growth will not be derailed.
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The U.S. economy is slowing to a steady growth rate that provides a basis for dealing with necessary changes to retirement and health care programs, Treasury Secretary Henry Paulson said on Tuesday.
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There looks to be more room for healthy growth.
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China should open its financial sector further to foreign competition to help it become more than an exporter of low-cost manufactured goods, U.S. Treasury Secretary Henry Paulson said on Thursday.
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OUAGADOUGOU  - Robust U.S. economic growth will likely continue into 2005, but authorities should cut the budget deficit to reduce the risk to growth, International Monetary Fund Managing Director Rodrigo Rato said.
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US Treasury Secretary Henry Paulson said Sunday he believes the US economy will continue to grow but emphasized the need to quickly implement an emergency stimulus package now in Congress.
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WASHINGTON -- Treasury Secretary Henry Paulson, seeking a consensus among financial luminaries, pledged swift action to ensure the United States remains the world's dominant capital market.
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Treasury Secretary Henry Paulson on Wednesday stood by his view that the U.S. economy will avoid recession this year and said the Treasury will act quickly to distribute tax rebate payments.
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Treasury Secretary Henry Paulson said on Friday that recent financial market volatility does not necessarily reflect strong fundamentals in the U.S. economy, nor those of the developing Chinese economy.
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U.S. Treasury Secretary Henry Paulson said on Thursday he is open to temporarily expanding Fannie Mae's  and Freddie Mac's  investments into 'jumbo' mortgages to ease housing stress, but only with stronger oversight.
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U.S. Treasury Secretary Henry Paulson on Sunday said he feels good about the U.S. economy and does not see the country slipping into recession.
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U.S. Treasury Secretary Henry Paulson on Wednesday said he expects the federal government to reach its $8.965 trillion statutory debt limit on October 1.
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When the Washington area's housing market boomed at the turn of the century, so did local government spending. Now a cooler market is creating budget gaps in a region that until recently was spared leaner times.
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One major unmentioned entry in President Bush's new budget is luck. Luck that the economy keeps growing, that corporate profits remain robust, that inflation stays tame and that foreigners keep lending the U.S. money. Otherwise, the numbers don't add up.