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<title><![CDATA[RSS for Federal Budget]]></title>
<description><![CDATA[Federal budget news and video.  Watch video clips and read news updates about the federal budget on FOXBusiness.com.]]></description>
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<title><![CDATA[UK Public Sector Borrowing Falls, Retail Sales Weak]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/22/uk-public-sector-borrowing-falls-retail-sales-weak/?]]></link>
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<pubDate><![CDATA[Wed, 22 May 2013 05:15:09 EDT]]></pubDate>
<description><![CDATA[The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented by the biggest monthly drop in retail sales for a year.]]></description>
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<title><![CDATA[UK Government Borrows Less Than Expected in April, Retail Sales Fall]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/22/uk-government-borrows-less-than-expected-in-april-retail-sales-fall/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/22/uk-government-borrows-less-than-expected-in-april-retail-sales-fall/</guid>
<pubDate><![CDATA[Wed, 22 May 2013 04:56:59 EDT]]></pubDate>
<description><![CDATA[The U.K. public sector borrowed less than expected in April as an increase in income tax receipts boosted government coffers, but the positive sentiment was dented by the biggest monthly drop in retail sales for a year.]]></description>
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<title><![CDATA[IMF: U.S. Cutting Budget Deficits Too Quickly]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/05/20/imf-us-cutting-budget-deficits-too-quickly/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/05/20/imf-us-cutting-budget-deficits-too-quickly/</guid>
<pubDate><![CDATA[Mon, 20 May 2013 16:13:07 EDT]]></pubDate>
<description><![CDATA[The IMF on Monday said the U.S. is getting carried away with government austerity, offering some of the institution's bluntest criticism yet of Washington's rush to cut its budget deficit.]]></description>
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<title><![CDATA[What If There Was No IRS?]]></title>
<link><![CDATA[http://www.foxbusiness.com/business-leaders/2013/05/20/what-if-there-was-no-irs/?]]></link>
<guid>http://www.foxbusiness.com/business-leaders/2013/05/20/what-if-there-was-no-irs/</guid>
<pubDate><![CDATA[Mon, 20 May 2013 11:37:59 EDT]]></pubDate>
<description><![CDATA[A flat tax and IRS overhaul will benefit the entire nation from top to bottom. The time to do it is now.   ]]></description>
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<title><![CDATA[Risks for Cyprus are 'unusually high', adoption of austerity plan imperative: IMF]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/17/risks-for-cyprus-are-unusually-high-adoption-austerity-plan-imperative-imf/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/17/risks-for-cyprus-are-unusually-high-adoption-austerity-plan-imperative-imf/</guid>
<pubDate><![CDATA[Fri, 17 May 2013 10:25:33 EDT]]></pubDate>
<description><![CDATA[The IMF said on Friday that risks for Cyprus were "unusually high" given its weak banking sector and economy and the island's full adoption of an economic austerity plan was imperative.]]></description>
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<title><![CDATA[Vedanta Mulls Raising Cairn India Stake But Only After Reducing Debt]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/16/vedanta-mulls-raising-cairn-india-stake-but-only-after-reducing-debt/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/16/vedanta-mulls-raising-cairn-india-stake-but-only-after-reducing-debt/</guid>
<pubDate><![CDATA[Thu, 16 May 2013 16:26:41 EDT]]></pubDate>
<description><![CDATA[UK-listed, India-focused Vedanta Resources PLC (VED.LN) has a grand vision of raising its stake in majority-owned oil and gas company Cairn India Ltd (532792.BY) by an additional 10% but first it will focus on reducing net debt further, the company's senior executives said Thursday.]]></description>
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<title><![CDATA[The 2014 IRS Budget: All About Compliance]]></title>
<link><![CDATA[http://www.foxbusiness.com/personal-finance/2013/05/16/2014-irs-budget-all-about-compliance/?]]></link>
<guid>http://www.foxbusiness.com/personal-finance/2013/05/16/2014-irs-budget-all-about-compliance/</guid>
<pubDate><![CDATA[Thu, 16 May 2013 10:30:32 EDT]]></pubDate>
<description><![CDATA[The IRS is asking for $12.9 billion in funds for 2014, a 9% increase from last year, to focus on compliance. What does this mean for taxpayers?]]></description>
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<title><![CDATA[Treasury Moves to Buy Time Under Debt Ceiling]]></title>
<link><![CDATA[http://www.foxbusiness.com/government/2013/05/15/treasury-makes-first-move-to-buy-time-under-debt-ceiling/?]]></link>
<guid>http://www.foxbusiness.com/government/2013/05/15/treasury-makes-first-move-to-buy-time-under-debt-ceiling/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 17:08:44 EDT]]></pubDate>
<description><![CDATA[The Treasury Department announced the first of a potential series of emergency cash measures to allow the government to pay its bills when a temporary debt ceiling suspension lapses this weekend.]]></description>
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<title><![CDATA[Southwest CEO Says All You Need Is LUV]]></title>
<link><![CDATA[http://www.foxbusiness.com/industries/2013/05/15/southwest-ceo-says-all-need-is-luv/?]]></link>
<guid>http://www.foxbusiness.com/industries/2013/05/15/southwest-ceo-says-all-need-is-luv/</guid>
<pubDate><![CDATA[Wed, 15 May 2013 12:28:41 EDT]]></pubDate>
<description><![CDATA[Profitable for 40 straight years, there are plenty of theories as to how Southwest succeeds where most other carriers fail. But CEO Gary Kelly says it comes down to love.]]></description>
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<title><![CDATA[Gold and Silver Struggle As Stocks Make New All-Time Highs]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2013/05/14/gold-and-silver-struggle-as-stocks-make-new-all-time-highs/?]]></link>
<guid>http://www.foxbusiness.com/markets/2013/05/14/gold-and-silver-struggle-as-stocks-make-new-all-time-highs/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 17:19:04 EDT]]></pubDate>
<description><![CDATA[Your daily recap on precious metals...]]></description>
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<title><![CDATA[CBO Says 2013 U.S. Budget Deficit Estimated at $642 Billion]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/14/cbo-says-2013-us-budget-deficit-estimated-at-642-billion/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/14/cbo-says-2013-us-budget-deficit-estimated-at-642-billion/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 15:05:03 EDT]]></pubDate>
<description><![CDATA[The Congressional Budget Office said Tuesday the federal deficit is expected to shrink to $642 billion in the fiscal year that ends Sept. 30, down sharply from last year because of higher taxes and other revenues collected by the government.]]></description>
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<title><![CDATA[Small business optimism rises to six-month high]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/14/small-business-optimism-rises-to-six-month-high/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/14/small-business-optimism-rises-to-six-month-high/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 07:32:19 EDT]]></pubDate>
<description><![CDATA[A gauge of confidence for small businesses rose in April to its highest in six months, a sign of resilience in an economy beset by Washington's austerity drive.]]></description>
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<title><![CDATA[Small Business Optimism Hits 6-Month High]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/14/us-small-business-optimism-rises-to-six-month-high/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/14/us-small-business-optimism-rises-to-six-month-high/</guid>
<pubDate><![CDATA[Tue, 14 May 2013 07:29:57 EDT]]></pubDate>
<description><![CDATA[A gauge of confidence for small businesses rose in April to its highest in six months, a sign of resilience in an economy beset by Washington's austerity drive.]]></description>
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<title><![CDATA[Asian Shares Little Moved, Kospi Gains]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/13/asian-shares-little-moved-kospi-gains/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/13/asian-shares-little-moved-kospi-gains/</guid>
<pubDate><![CDATA[Mon, 13 May 2013 22:05:01 EDT]]></pubDate>
<description><![CDATA[Japanese stocks paused amid a stronger yen on Tuesday, while gains in South Korean car companies boosted the Kospi.]]></description>
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<title><![CDATA[Greek Program Back on Track, But More Austerity Seen]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/13/greek-program-back-on-track-but-more-austerity-seen/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/13/greek-program-back-on-track-but-more-austerity-seen/</guid>
<pubDate><![CDATA[Mon, 13 May 2013 13:35:01 EDT]]></pubDate>
<description><![CDATA[Greece is on track to meet its budget targets this year and next but may have to make further cuts in 2015 and 2016, the European Commission said in a report that will provide the basis for a decision Monday on whether to release more bailout loans for the country.]]></description>
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<title><![CDATA[As Detroit emergency manager readies fix-it plan, hard work ahead]]></title>
<link><![CDATA[http://www.foxbusiness.com/news/2013/05/12/as-detroit-emergency-manager-readies-fix-it-plan-hard-work-ahead/?]]></link>
<guid>http://www.foxbusiness.com/news/2013/05/12/as-detroit-emergency-manager-readies-fix-it-plan-hard-work-ahead/</guid>
<pubDate><![CDATA[Sun, 12 May 2013 14:52:18 EDT]]></pubDate>
<description><![CDATA[Six weeks into his work as Detroit's emergency manager, former bankruptcy lawyer Kevyn Orr has found the city's finances in worse shape than expected, with long-term debt at $15 billion, $2 billion worse than figures disclosed before he took the job.]]></description>
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<title><![CDATA[U.S. Budget Surplus Widens in April from Year Prior]]></title>
<link><![CDATA[http://www.foxbusiness.com/government/2013/05/10/us-budget-surplus-widens-in-april-from-year-prior/?]]></link>
<guid>http://www.foxbusiness.com/government/2013/05/10/us-budget-surplus-widens-in-april-from-year-prior/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 14:17:37 EDT]]></pubDate>
<description><![CDATA[The U.S. federal budget surplus widened in the month of April, while the fiscal 2013 deficit shrunk, as the government took in higher revenues. ]]></description>
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<title><![CDATA[What if the Mortgage Deduction is Eliminated?]]></title>
<link><![CDATA[http://www.foxbusiness.com/personal-finance/2013/05/10/what-if-mortgage-rate-reduction-is-eliminated/?]]></link>
<guid>http://www.foxbusiness.com/personal-finance/2013/05/10/what-if-mortgage-rate-reduction-is-eliminated/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 14:00:41 EDT]]></pubDate>
<description><![CDATA[The mortgage interest rate deduction is on the chopping block on Capitol Hill as lawmakers look to reform the tax code and close the budget deficit. But would getting rid of the deduction entirely bring more economic instability?]]></description>
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<title><![CDATA[Dow, S&P 500 in Third-Straight Weekly Advance]]></title>
<link><![CDATA[http://www.foxbusiness.com/markets/2013/05/10/dow-sp-500-in-third-straight-weekly-advance/?]]></link>
<guid>http://www.foxbusiness.com/markets/2013/05/10/dow-sp-500-in-third-straight-weekly-advance/</guid>
<pubDate><![CDATA[Fri, 10 May 2013 07:08:18 EDT]]></pubDate>
<description><![CDATA[Bulls in Command: The Dow and broader S&P 500 both logged their third-straight weekly advance as traders remained upbeat on the economy and corporate profits.]]></description>
<media:thumbnail>http://global.fncstatic.com/static/managed/img/fb2/investing/reuters-trader-8-11.jpg</media:thumbnail>
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<title><![CDATA[A modest proposal to save America]]></title>
<link><![CDATA[http://www.foxbusiness.com/investing/2013/05/09/modest-proposal-to-save-america/?]]></link>
<guid>http://www.foxbusiness.com/investing/2013/05/09/modest-proposal-to-save-america/</guid>
<pubDate><![CDATA[Thu, 09 May 2013 17:57:10 EDT]]></pubDate>
<description><![CDATA[The U.S. is in serious trouble.]]></description>
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