WASHINGTON, Feb. 21 (UPI) -- President Barack Obama's first budget takes a stab at reducing the annual U.S. deficit by 50 percent in the next four years, officials say.
WASHINGTON, Jan. 13 (UPI) -- President-elect Barack Obama should consider four budget reforms to address long-term challenges to the U.S. economy, a conservative think tank suggested.
WASHINGTON, Jan. 7 (UPI) -- U.S. President-elect Barack Obama Wednesday said taming entitlement programs will be part of the process in trimming the nation's budget deficit.
WASHINGTON, Jan. 7 (UPI) -- U.S. President-elect Barack Obama Wednesday selected former Treasury official Nancy Killefer as the nation's first chief performance officer.
WASHINGTON, Jan. 6 (UPI) -- President-elect Barack Obama said Tuesday the United States may be facing trillion-dollar deficits "for years to come."
WASHINGTON, Dec. 22 (UPI) -- While it's difficult to predict, next year's U.S. federal deficit could reach a trillion dollars, White House spokesman Tony Fratto said Monday.
WASHINGTON, Nov. 26 (UPI) -- Balancing the federal budget during Barack Obama's first term would be a mistake, an economic adviser to the president-elect said.
WASHINGTON, Nov. 23 (UPI) -- U.S. President-elect Barack Obama faces record deficits in the U.S. budget that could soar to more than $1 trillion, analysts say.
WASHINGTON, Aug. 9 (UPI) -- The current White House administration has created a major federal deficit by giving financial breaks to the wealthy, U.S. Sen. Barack Obama, D-Ill., said.
WASHINGTON, Sept. 13 (UPI) -- The U.S. budget deficit rose last month by $49.98 billion, largely in line with expectations.