Bush administration takes emergency steps to avoid debt ceiling
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US President George W. Bush's administration weathered a pre-election mauling as it announced emergency measures to skirt a 7.38-trillion-dollar debt limit.
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WHITE HOUSE President Bush is pledging to "take on" the nation's huge deficits -- in hopes of shoring up the sagging U-S dollar.
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President Bush's budget, sent to Congress on Monday, proposes cuts in domestic spending in an effort to tackle the ballooning budget deficit.
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President Bush on Friday signed into  law a measure authorizing an $800 billion increase in the  credit limit of the United States, the White House said.
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Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress joined in a rare show of cooperation in promising urgent action to pump up the economy with upwards of $150 billion in tax cuts and government spending.
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President George W. Bush on Friday will propose a series of steps to address the mortgage crisis after weeks of turmoil in financial markets, the White House said.
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Treasury Secretary Henry Paulson told Congress on Wednesday that the federal government will hit the current debt ceiling on Oct. 1
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President Bush said Monday he will submit a federal budget that will cut the deficit in half in five years and maintain strict spending discipline.
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CRAWFORD, Texas  - President Bush asked Congress  on Monday for $7.1 billion in new emergency aid for Florida and  other states hard hit by hurricanes Ivan and Jeanne.
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The Bush administration is moving toward releasing oil from the nation&#39;s emergency stockpiles as a result of disruptions to production and imports caused by Hurricane Ivan.
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Facing record budget deficits, the Bush administration likely will turn to short-term government borrowing to help finance its plan to add personal retirement accounts to Social Security, officials said on Saturday.
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WASHINGTON Nov 18, 2004 - Congress sent President Bush an $800 billion boost in the federal borrowing limit on Thursday, spotlighting how the budget has lurched out of control in recent years and how hard it will be to afford future initiatives.
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WASHINGTON -- Treasury Secretary Henry Paulson told Congress on Wednesday that the federal government will hit the current debt ceiling on Oct. 1.
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Having generated record federal deficits with tax cuts in his first term, George W. Bush has promised that &quot;fiscal restraint&quot; is now in order.
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President Bush will announce steps intended to help low-income families hit by the subprime mortgage crisis.
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President Bush ordered transportation officials to take steps to reduce delays in the nationâs overcrowded airspace.
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President Bush pledged yesterday to work with Congress to reduce the government&#39;s huge budget deficit as a key step in assuring the world that his administration supports a strong dollar.