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Friday, April 5, 2013

Budget

News                                                                                                                             
Politico | Boehner rejects Obama cuts-revenue proposal
House Speaker John Boehner immediately dismissed President Barack Obama’s package of significant new entitlement cuts tied to new tax revenues, calling them “no way to lead and move the country forward.”
National Journal | What That Lousy Jobs Report Means for a 'Spring Slump'
A disappointing jobs report this morning is sure to renew talk of yet another so-called spring slump in the U.S. economy.

Econ Comments & Analysis                                                                                            
Real Clear Markets | The Truth About Taxes and Spending in Europe
Several European countries, including Cyprus, have been mired in economic stagnation or decline for five years or more. Yet other countries in Asia and Latin America have flourished. What are the weakest economies doing wrong? What are the strongest doing right?

Blogs                                                                                                                             
Economist | Austerity bites?
Until recently America's squabbling politicians have mostly resolved their fiscal differences by delaying them. That tactic came to a head at the end of last year, at which time a host of tax rises and spending cuts were scheduled to drop.