News
CNN Money | Debt panel chiefs grade Obama's plan
Two key players in the debate over how to get the nation's fiscal act together have offered their support for President Obama's plan to bring down deficits.
Fox News | House to Vote on GOP 2012 Budget
...the House votes Friday on the Republican proposal for a 2012 budget, a plan designed by Rep. Paul Ryan to chop more than $6.2 trillion in spending over 10 years.
WSJ | Obama Stokes Deficit Fight
President Rips GOP Fiscal Plan, Says Mix of Taxes, Cuts Needed; Foes Dismayed.
Econ Comments
NRO | Budget Battle, Budget Prattle
Strip away the gimmicks and shine a light on the shadows, and it turns out the real cuts amounted to $352 million, or less than 1 percent of what was promised.
Washington Post | A budget for the 21st century
We cannot accept an approach that starts from the premise that ever-higher levels of spending and taxes represent America’s new normal.
NRO | The Grand Compromise
Republicans are right not to budge on taxes until serious spending cuts are in place.
Reason Foundation | Welcome Budget Talk
What Paul Ryan's plan gets right—and wrong.
Blogs
Cato@Liberty | Obama/Boehner’s Phony Spending Cuts
...real spending cuts come when you actually cut real spending, not “budget authority.”
Cato@Liberty | Federal Spending Trend
Spending increased an average $170 billion a year over the last decade. Thus, the $40 billion cut reverses out no more than one-quarter of one year’s worth of the last decade of increases.
