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Tuesday, February 5, 2013

Budget

News                                                                                                                             
National Journal | Budget Cuts Loom Over Congressional Retreats
As Senate Democrats begin to strategize on the across-the-board spending reductions set to hit next month and other fiscal issues on Tuesday at their retreat in Maryland, House Republicans are pointing fingers at the White House, claiming that the administration came up with the idea for the sequester cuts in the first place.

Econ Comments & Analysis                                                                                            
Washington Times | Desperate Keynesians
What do you do if the facts don’t support your beliefs? If you are honest, you will rethink what you previously believed. If you are a Keynesian economist, though, like New York Times columnist Paul Krugman, you make silly assertions. In his Jan. 31 column, Mr. Krugman said he wants to see “some example, somewhere, of austerity policies that succeeded.”