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Monday, August 6, 2012

Budget

News                                                                                                                             
CNN Money | Fiscal cliff: What's really in it
If lawmakers cannot agree on how to address the pending "fiscal cliff," $7 trillion worth of tax increases and spending cuts will begin to go into effect in January.

Econ Comments & Analysis                                                                                            
WSJ | Arthur Laffer: The Real 'Stimulus' Record
Policy makers in Washington and other capitals around the world are debating whether to implement another round of stimulus spending to combat high unemployment and sputtering growth rates. But before they leap, they should take a good hard look at how that worked the first time around.
CBO | Status of Discretionary Appropriations: FY 2013 Senate
Estimates of discretionary budget authority and outlays for fiscal year 2013.

Blogs                                                                                                                             
CATO | $800 Billion Stimulus? I Wish
Cato scholars aspire to high standards for accuracy and analysis. Because of that, I feel obligated to note an error in Dan Mitchell’s recent post on the ongoing failure of Washington’s economic stimulus efforts.