Timothy James "Tim" Pawlenty is president and CEO of Financial Services  Roundtable, a Washington, D.C.-based industry advocacy group. He was a  Republican politician who served as the 39th Governor of Minnesota (2003– 2011). He previously served in the Minnesota House of Representatives (1993– 2003), where he ...
Feb 7, 2005 ... Overall, discretionary spending other than defense and homeland security would  fall by nearly 1 percent, the first time in many years that funding for the major part  of the budget controlled by Congress would actually go down in real terms,  according to officials with access to the budget. The cuts are ...
The American Recovery and Reinvestment Act of 2009 (ARRA) (Pub.L. 111–5),  nicknamed the Recovery Act, was a stimulus package enacted by the 111th U.S.  Congress and signed into law by President Barack Obama in February 2009.  Developed in response to the Great Recession, the ARRA's primary objective  was to ...
Nov 13, 2012 ... Government receipts flattened thanks in part to the large, permanent tax cuts that  served as one of the top accomplishments of President Ronald Reagan's first  term. Spending jumped on both defense and social programs. Deficits exploded,  breaking with the US tradition of only running large deficits during ...
Oct 7, 2010 ... Such a large drop in revenues called for dramatic spending cuts. States spent  nearly $75 billion less in 2010 than in 2008—an almost 11 percent decrease.  From 2009 to 2010 alone, state spending fell by nearly 7 percent (Husch, et al.  2010). This is the first time in more than 30 years that state ...
In 2009, we cut state spending in real terms for the first time in 150 years.