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Friday, March 23, 2012

Budget

News                                                                                                                             
National Journal | Both Ryan and Obama's 2013 Budgets Ring Hollow
The White House and President Obama's reelection team came out with guns blazing on Thursday against House Budget Committee Chairman Paul Ryan’s budget proposal.

Econ Comments & Analysis                                                                                            
CBO | The Federal Budget Outlook and Aid to States
Associate Director for Economic Analysis Jeffrey R. Kling’s presentation to the National Lieutenant Governors Association

Blogs                                                                                                                             
Keith Hennessey | Comparing the Ryan and Obama deficits to Bowles-Simpson
Yesterday I showed you the long term deficit and debt paths for both Chairman Ryan’s and President Obama’s budgets. Today will be easy. I’m just going to add the Bowles-Simpson long-term deficits in the mix.
The American | Using realistic growth forecast, new Ryan budget could balance by 2019
Rep. Paul Ryan has just put out a revised analysis of his new House budget, but this one reflects how his pro-growth tax reform ideas would boost economic growth, which in turn would cut debt even faster.
WSJ | March, April to Determine How Soon U.S. Hits Debt Ceiling
The U.S. government is projected to hit the $16.394 trillion debt ceiling sometime later this year, but how quickly we get there depends in large part on how things shape up in March and April.