US tax cut zeal may sap will to cut deficits
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Trimming bulging deficits that threaten the US economy should be a priority for a second-term Bush administration, analysts say, but a commitment to a tax-cutting agenda may thwart the effort.
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The U.S. budget deficit will balloon  to a cumulative $2.29 trillion over the next decade,  congressional analysts said on Tuesday, a worse outlook than  previously forecast and one likely to stir election-year debate  about President Bush's economic policies.
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President George W Bush asks for sweeping cuts to lower the US deficit as he sends his 2006 budget to Congress.
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WASHINGTON -- The nation's budget deficit will drop to $205 billion in the fiscal year that ends in September, less than half of what it was at its peak in 2004, according to new White House estimates.
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WASHINGTON A corporate tax bill that would end a trade war with Europe and shower more than 140 (b) billion dollars in tax breaks on American companies is nearing congressional approval.
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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
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There are things you can do now to reduce your impending tax bill.
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Market forces and promised action by  Washington to cut its budget deficit look set to stabilize, and  could cut, the record U.S. trade gap, Federal Reserve Chairman  Alan Greenspan said on Friday.
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The US budget deficit will balloon to a cumulative $2.29 trillion over the next decade, congressional analysts said on Tuesday, a worse outlook than previously
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Key economic data from the United States this week may seal the case for the first cut in the federal funds rate in more than four years, which would help ease investor concerns about a fallout from the subprime crisis.
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The Bush administration will seek to slash government spending next year, U.S. Treasury Secretary John Snow said on Sunday, but he was less specific than the president in predicting how quickly the deficit would fall.
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WHITE HOUSE President Bush is pledging to &quot;take on&quot; the nation&#39;s huge deficits -- in hopes of shoring up the sagging US dollar.
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Does replacing personal income and payroll taxes with a national sales tax, an idea President Bush has shown interest in, help the U.S. tax system?
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US President George W Bush has said he intends to &#39;send a signal&#39; to financial markets that he is serious about a strong dollar by tackling the US budget deficit.
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The US budget deficit widened in May from a year earlier while tax revenue kept the government on course to finish the year with a smaller annual shortfall.
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Trimming the record US budget deficit should be the top economic priority for the second term of President George W. Bush, a survey of economists showed.
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Key economic data from the United  States this week may seal the case for the first cut in the  federal funds rate in more than four years, which would help  ease investor concerns about a fallout from the subprime  crisis.