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White House cuts long-run economic growth forecast

April 10, 2013 15:35
By Jason Lange WASHINGTON (Reuters) - Beneath the customary optimism of a political policy pitch, the Obama administration has cut its outlook for how fast the U.S. economy can grow without generating inflation. As part of the assumptions underlying President Barack Obama's 2014 budget proposal released on Wednesday, the White House said the potential growth rate currently appears to be 2.4 percent a year. That is down from an estimate of 2.5 percent in the 2013 budget plan and from 2.6 percent in the 2010 proposal.

White House Egg Roll beats budget axe

April 1, 2013 13:30
A venerable Washington tradition Monday staved off the budget axe in an era of austerity, as President Barack Obama welcomed tens of thousands of people to the White House Easter Egg Roll. Obama and his family, appearing with the Easter Bunny and their dog Bo, officiated at egg rolling contests, storytelling and basketball and tennis demonstrations, at the annual event dating back to 1878.

White House Egg Roll beats budget axe

April 1, 2013 12:45
A venerable Washington tradition Monday staved off the budget axe in an era of austerity, as President Barack Obama welcomed tens of thousands of people to the White House Easter Egg Roll. Obama and his family, appearing with the Easter Bunny and their dog Bo, officiated at egg rolling contests, storytelling and basketball and tennis demonstrations, at the annual event dating back to 1878.

U.S. budget cuts end White House tours, but not finger-pointing

March 9, 2013 02:15
* Tours suspended until further notice * Required by budget cuts - Obama spokesman * Tours of the Capitol will continue By Deborah Zabarenko WASHINGTON, March 9 (Reuters) - The sixth-grade class at St. Paul's Lutheran School in Waverly, Iowa, sent a message this week that was heard in the White House briefing room. "The White House is our house," the class said in a video posted on Facebook. "Please let us visit."

White House regrets canceling guided tours due to sequester

March 8, 2013 13:31
Washington, Mar 8 (EFE).- The White House regretted having to cancel the public's access to guided tours of the presidential mansion due to the $85 billion in cutbacks that took effect last week as part of the so-called sequester, and blamed it on Congress. "And we are obviously disappointed about that kind of decision, but it would have been far better, in our view, if Congress had taken action to delay the sequester," White House spokesman Jay Carney said in response to a question at his daily press briefing.

UPDATE 1-White House cancels tours as a result of budget cuts

March 5, 2013 20:01
WASHINGTON, March 5 (Reuters) - The White House on Tuesday said it was canceling visitor tours of the executive mansion, blaming the recent $85 billion in budget cuts known as the sequester. For weeks, the White House had warned that the sequester would have a sweeping impact on the nation, causing long lines at airports, closing national parks and slowing the prosecution of criminals.

White House cancels tours as a result of budget cuts

March 5, 2013 19:46
WASHINGTON, March 5 (Reuters) - The White House on Tuesday said it was canceling tours of the executive mansion, blaming the recent $85 billion in budget cuts known as the sequester. For weeks, the White House had warned that the sequester would have a sweeping impact on the nation, causing long lines at airports, closing national parks and slowing the prosecution of criminals.

White House dismisses Republican funding plan

March 5, 2013 18:15
The White House on Tuesday expressed deep concern with a Republican bill to avoid a new fiscal showdown by funding the government through 2013, which keeps most sequester spending cuts in place. The Republican bill introduced in the House of Representatives does not cancel the $85 billion in arbitrary and automatic spending cuts which came into force on Friday in the latest sign of Washington dysfunction.

Cuts mean no public White House tours

March 5, 2013 16:15
The White House said Tuesday that all public tours of the US presidential mansion and grounds would be cancelled because of the impact of automatic budget cuts which came into force last week. "Due to staffing reductions resulting from sequestration, we regret to inform that White House tours will be cancelled effective Saturday March 9, 2013, until further notice," a recorded White House telephone message said.
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