Spending Imbalance News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Kevin mccarthy failed to convince enough members of his party to back a stop gap measure that would fund federal agencies for another month while Congress Worked on long term spending plans. This means at midnight eastern time on sunday, the Us Government will run out of money to fund itself unless congress can agree a last minute deal. Lawmakers are set to return saturday at noon for another vote. The republicans, who hold a slim majority in the house of representatives, are at a deadlock with members on the right of the party demanding wide ranging Spending Cuts. One of that groups main obje...

Deficit dilemma. it is becoming a heated issue for president obama p and mitt romney. doug luzader is live from washington. >> these new numbers, another trillion dollar deficit this year. the finger pointing out on the campaign trail is just getting started. let's take a look at the nation's debt clock $16 trillion. they aren't sure how much more we can take. this year the annual spending imbalance will exceed $1 trillion a tough number for the president who promised to cut the deficit in half. instead it has been above a trillion dollars for 4 years. mitt romney blames the president. >> we h...