Defense Secretary Robert Gates will disregard possible job losses when deciding the fate of weapons programs and systems in the Pentagon’s 2010 budget, a spokesman said on Tuesday.
“It’s not the responsibility of this building to worry about the economic impact of budgetary decisions,” Pentagon press secretary Geoff Morrell told reporters.
03/17/2009
— Filed under: Economy
Tags: budget, choises, Pentagon
President Obama defended his proposed $3.6 trillion budget on Tuesday against critics who say it is too ambitious, declaring that American families cannot always choose which crises to tackle first and neither can he as president.
03/17/2009
— Filed under: Economy
Tags: budget, crisis, Obama
The number of Americans who think another Great Depression will occur within the next year is on the rise, a poll released Tuesday shows.
Forty-five percent of people questioned in a CNN/Opinion Research Corporation survey said another depression is likely.
03/17/2009
— Filed under: Economy
Tags: Bernanke, Depression, interview
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