The Week: Apr. 12, 1993
The budget resolution passed by Congress will cut the deficit by a total of $496 billion over five years. It raises $247 billion in taxes, while trimming $249 billion (largely from defense) from the expected increase in spending
CHART: NOT AVAILABLE
CREDIT: NO CREDIT
CAPTION: Deficit
Most Popular »
- Facebook's Secret Code
- Tiger Gets Mulligan from the TV Networks
- Five Things the U.S. Can Learn from China
- The Troubles at Kroger: Frugal Consumers
- Uganda's Anti-Gay Bill: Inspired by the U.S.
- The Growing Backlash Against Overparenting
- Why Greece Could Be the Next Dubai
- TIME's Top 10 Medical Breakthroughs of 2009
- Why Does Google Search Love Examiner.com?
- The H1N1 Pandemic: Is a Second Wave Possible?
- Facebook's Secret Code
- Uganda's Anti-Gay Bill: Inspired by the U.S.
- The Troubles at Kroger: Frugal Consumers
- The Job Market: Is a College Degree Worth Less?
- Why Greece Could Be the Next Dubai
- Has 'Climategate' Been Overblown?
- Remarks of President Barack Obama: Acceptance of the Nobel Peace Prize
- Will Fashion's Biggest Names Kiss the Runway Goodbye?
- Rick Warren Denounces Uganda's Anti-Gay Bill
- In the Holy Land, Resetting U.S. Mideast Policy
Top Stories on TIME.com
Quotes of the Day »
PRESIDENT OBAMA, defending the U.S.'s role in Afghanistan upon accepting the Nobel Peace Prize in Oslo
RSS