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Tuesday, February 12, 2013

Budget

News                                                                                                                             
Washington Post | Finger-pointing trumps problem-solving as automatic budget cuts loom
Just about everyone in official Washington is in agreement that big across-the-board spending cuts at the Pentagon and throughout domestic federal programs on March 1 are a bad idea.

Econ Comments & Analysis                                                                                            
Mercatus | Projected Deficits in CBO’s 2013 Budget and Economic Outlook
On February 5, the Congressional Budget Office (CBO) released its Budget and Economic Outlook for fiscal years 2013 to 2023. While the report might suggest the US economy and federal budget are on the road to recovery, such an assessment would be shortsighted.