News
Politico | Patty Murray budget: $1 trillion in new revenue
Sen. Patty Murray’s new budget plan calls for raising tax revenues by nearly $1 trillion while cutting spending by roughly the same amount over the next decade, according to people familiar with the proposal.
Econ Comments & Analysis
WSJ | The GOP Plan to Balance the Budget by 2023
On Tuesday, we're introducing a budget that balances in 10 years—without raising taxes. How do we do it? We stop spending money the government doesn't have. Historically, Americans have paid a little less than one-fifth of their income in taxes to the federal government each year. But the government has spent more.
Politico | Easing sequester’s burden on states
With federal dollars accounting for more than a third of total state spending, states have plenty of reason to be troubled by what many thought would never happen: sequestration.
Heritage Foundation | How to Get Welfare Spending Under Control
Since the beginning of the War on Poverty, government has spent nearly $20 trillion (adjusted for inflation) on means-tested welfare assistance for the poor. Means-tested programs provide cash, food, housing, medical care, and social services to poor and low-income Americans.
Blogs
Economist | Can we agree that...
Because it is always a good time to relitigate America's fiscal stimulus, the blogosphere has spent the past week or so relitigating America's fiscal stimulus. Rather than plunge headlong into the fray, I'll attempt to distill some fiscal policy truths that should be reasonably acceptable to most participants.
