Content Tagged As spending_cuts

3 years 3 months ago

'Really close' to debt deal as deadline nears

WASHINGTON (AP) -- Racing to avoid a government default, President Barack Obama and Republican congressional leaders reached urgently for a compromise Sunday to permit vital borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts. Senate Republican Leader Mitch McConnell said the two sides were...

4 years 10 months ago

Fort Carson braces for spending cuts

Soldiers at Fort Carson may have start cutting the grass, hauling trash and take on other chores because of a proposed 20 percent cut in the post's operating budget. Army posts nationwide may see their budgets cut as the military tries to hold down non-war spending while escalating the fight...

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