Yahoo! News: World News

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• Why GOP is largely silent over Trump's deficit-heavy budget
• India links women’s safety and economic growth
• Fiscal stimulus is back. So are bigger deficits
• More than a third of all US ex-cons who can’t vote live in Florida. Why?

Why GOP is largely silent over Trump's deficit-heavy budget Posted: 12 Feb 2018 01:28 PM PST The Trump administration's budget proposal for the next fiscal year, released Monday, reflects a stark new reality of the Republican Party: Balancing the federal budget just isn't a priority. Combined with last year's tax reform, which cut taxes by $1.5 trillion over 10 years, and last week's two-year budget deal, which increased federal spending by $300 billion, the nation's fiscal picture is awash in red ink. Recommended: What do you know about Donald Trump?

India links women’s safety and economic growth Posted: 12 Feb 2018 12:24 PM PST India reached a globe-shaking threshold this year. Its economy is now growing at a faster clip than China's. That might be a source of pride for the country and its prime minister, Narendra Modi. In its latest economic report, the government stated that India's future development hinges on how women and girls are treated in society.

Fiscal stimulus is back. So are bigger deficits Posted: 12 Feb 2018 11:29 AM PST In piling a huge spending bill on top of a huge tax cut without the requisite revenues to pay for either one, US policymakers are putting extraordinary faith in the economy. "The economy's going to be running hot," says Mark Zandi, chief economist of Moody's Analytics, a risk-management subsidiary of Moody's Corp. in New York. If Congress makes permanent the temporary tax cuts for individuals and doesn't ratchet down its spending after the new two-year budget plan expires, annual deficits could swell to $2 trillion a year in a decade, says Maya MacGuineas, president of the Committee for a Responsible Federal Budget, a bipartisan watchdog group.

More than a third of all US ex-cons who can’t vote live in Florida. Why? Posted: 12 Feb 2018 10:24 AM PST The first time the Florida poet Devin Coleman voted was also his last. It was 2000, Gore v. Bush – when his was among millions of votes in play as the US Supreme Court called the winner and set the eventual arc of American affairs.

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