News
NY Times | Senate Budget Panel to Take Up Deficit Plan
The chairman of the Senate Budget Committee said on Tuesday that he would introduce the blueprint of President Obama’s bipartisan deficit reduction panel to his committee as the starting point for negotiations over a long-term debt plan.
National Journal | No Senate Budget Committee Vote This Week on Democratic Plan
The Senate Budget Committee will not vote this week on a Democratic budget resolution, committee Chairman Kent Conrad, D-N.D., said on Tuesday.
CNN Money | Bowles-Simpson back on table
Democrat Kent Conrad, the Senate Budget Committee chairman, announced he would present the plan as his opening bid at the committee's budget mark-up on Wednesday.
Econ Comments & Analysis
Politico | Combine the best of Obama-Ryan, Bowles-Simpson
An ironic consequence of the dueling fiscal plans put forward this year by President Barack Obama and House Budget Committee Chairman Paul Ryan (R-Wis.) is that, taken together, they illustrate why Erskine Bowles and former Sen. Alan Simpson had it right back in December 2010.
Blogs
Heritage Foundation | New Research Confirms that Spending Cuts Stimulate the Economy
New research suggests that legislators should cut spending and enact growth-inducing policies. The reasoning? According to the study, spending cuts can positively affect economic growth and are the only historically reliable way to lower deficits and debt.
