News
Roll Call | 10 Things to Know About the Ryan Budget
Everything you need to know about House Budget Chairman Paul D. Ryan’s budget blueprint, from its prospects in the Senate to which White House proposals the Wisconsin Republican suggests keeping in place. Spoiler alert: “Obamacare” wouldn’t be completely discarded.
Bloomberg | Grand Bargain Taxes, Entitlements Cuts Await Deal Makers
Some of the elements of a budgetary “grand bargain” will be on the table today. Merging them is the biggest political challenge in the U.S. Capitol.
Roll Call | Debt Ceiling Looms Beyond Spending Fight
Conservatives are privately debating how much space to give House leaders to follow through on promises made at their Williamsburg, Va., retreat in January, with a wait-and-see approach embraced by key veterans and a smaller movement of mostly newer lawmakers wanting to push leadership harder.
Washington Times | Obama: My goal isn’t to balance budget
President Obama said during Tuesday comments on the federal budget that his goal was to fix the economy — not balance revenues with expenditures.
CNBC | US Senate Democrats' Budget Seeks $1.85 Trillion in Savings: Source
Democrats on Wednesday will unveil a U.S. budget blueprint that attempts to slice federal deficits by $1.85 trillion over 10 years through an equal mix of spending cuts and tax increases on the rich, according to a Democratic source.
Econ Comments & Analysis
WSJ | A Ryan Reboot
The political class seems to be scandalized that Paul Ryan had the cheek Tuesday to propose another reform budget. Doesn't the House Budget Chairman understand that the 2012 election settled every political question in President Obama's favor?
Bloomberg | DeLong Says Not Time to Cut U.S. Budget With Free Lunch
Just as lawmakers force as much as $85 billion of budget cuts on the federal government, economists Bradford DeLong and Lawrence Summers have a message for Washington: Now is the perfect time to spend more, not less.
Real Clear Markets | There's Nothing 'Limited' About Ryan's Balanced Budget
In a Republican Party that seemingly no longer believes or understands its limited government rhetoric, Rep. Paul Ryan has long been an outlier. Much like his late mentor in Jack Kemp, Ryan has always given the impression that he supports light taxation, limited government and stable money values precisely because they would do the most to lift the economic chances of those least well to do.
Blogs
CATO | Everything You Need to Know About the Ryan Budget
Sigh. Even when they’re sort of doing the right thing, Republicans are incapable of using the right argument.