News
Politico | OMB off the mark on budget cuts
After ducking POLITICO’s questions for days, the White House’s new 2014 budget provides some answers about how far the administration was off the mark last week when it ordered $876 million rescinded from domestic appropriations for the last six months of this fiscal year.
CNN Money | No extra cash for Cyprus from EU or IMF
The European Union and International Monetary Fund will not give Cyprus extra cash to help plug gaping holes in its finances over the next three years, officials said Friday.
CNBC | 5 Fiscal Secrets Buried In Obama’s Budget
President Obama submitted a 244-page budget proposal on Wednesday for next year—a tome that met with instant criticism before anyone could read it.
Econ Comments & Analysis
Washington Times | Budget busted, nation broken
The White House was supposed to have submitted its budget two months ago. Now that it finally got around to outlining the federal government’s plans for the fiscal year, we can see that it wasn’t worth the wait.
AEI | A budget to reject
The Obama administration has taken great pains to cultivate the impression in the media that the president’s 2014 budget plan is a genuine effort at compromise.
NY Times | Deficit Reduction, Minus the Reduction
In one critical area — long-term deficit reduction — the president has offered less than not only the House Republican budget but also the proposal by the Senate Democrats. Over a 10-year horizon, his deficit-reduction plan doesn’t have enough, well, deficit reduction.
