News
CNN Money | Paul Ryan: Stay tuned for GOP debt ceiling demands
Paul Ryan defused the likelihood of a government shutdown in January with the bipartisan budget deal he helped strike last week. But on Sunday he did nothing to tamp down the possibility of a showdown over the debt ceiling.
Bloomberg | Budget Deal Lauded by Lawmakers Belies U.S. Fiscal Rigors
Members of Congress are congratulating themselves on a budget accord set to win final passage this week. Business leaders aren’t celebrating, saying the deal leaves too much unfinished business.
Econ Comments & Analysis
Forbes | For Paul Ryan And The Republicans, Tomorrow Is The Day That Never Comes
Back in 2011, and during that budget ceiling fight, it was suggested by more than a few members of the commentariat that the “unrealistic wing of the conservative movement” would break the Republican party overall for demanding ‘unrealistic’ reductions in the burden of government. The argument then was that Republicans should cave on a debt ceiling (more on deficits in a bit) deal in order to fight the eternal spending battle at a later date.
LA Times | Simpson and Bowles: Budget deal is just a start
The new bipartisan plan, though a much-needed improvement over crisis budgeting, leaves unaddressed the fundamental fiscal challenges we identified in 2010.
Blogs
CATO | More on the Ryan-Murray Budget Deal
The Ryan-Murray budget deal is remarkably bad when you look at the details. If the Republican Party is supposed to be the fiscally conservative party, there is virtually nothing Republican in the agreement. The Democrats could have written the whole thing themselves. It raises spending and taxes, and reduces the deficit only in a jury-rigged scorekeeping kind of a way that won’t actually be realized.
Heritage Foundation | Why Conservatives Don't Like the Ryan-Murray Budget Deal
Next week, the Senate will consider the Ryan-Murray budget deal — a spending plan that disappoints conservatives and believers in a limited government that manages its finances.
