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Tuesday, September 3, 2013

Budget

Econ Comments & Analysis                                                                                            
AEI | The budget battle
What’s more confused, the Obama administration’s Middle East policy or its economic policy? Really kind of a pick-’em situation. While the Syrian befuddlement is more in the headlines right now, the brewing battle over the budget and the debt ceiling will soon remind America of the White House’s illogical obsession with more federal tax increases despite a glacial economic recovery.

Blogs                                                                                                                             
Heritage Foundation | While Debt Crisis Looms, Washington Still Focused on Undoing Sequestration
The Washington Post reports that President Obama and a group of Republican Senators stalled on a budget deal on Thursday that revolved in part around the question of how to best renege on sequestration. Republicans want to offset the spending cuts in discretionary spending with “narrow” reforms to entitlement programs, while the Obama Administration insists on more tax increases.