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Wednesday, April 20, 2011

Budget

News                                                                                                                             
National Journal | Geithner: Two Plans Hold Basis for Deficit Agreement
Geithner’s comments came after the House last week approved a GOP-drafted fiscal 2012 budget resolution that cuts $5.8 trillion from current spending levels over 10 years and restructures Medicare and Medicaid.

Econ Comments                                                                                                             
NRO | Obama Has No Budget Plan
In reality, however, the president is calling for tax increases on households earning as little as $250,000 per year. While that’s certainly not poor, it’s not Warren Buffett territory, either…

Blogs                                                                                                                             
NRO: Exchequer | The Four National Debts
TIPS are a relatively new thing, having been introduced in 1997. They’ve grown popular, from accounting for $33 billion of the national debt in their first year to $640 billion as of March 2011.