Pages

Wednesday, December 4, 2013

Budget

News                                                                                                                             
Politico | Paul Ryan’s bipartisan budget moment?
They’ve been slabs of red meat to the Republican base but have served little practical purpose, as differences have only deepened with the Democratic Senate.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Washington Is In Denial About the Budget Deficit
While the Conference Committee on the 2014 budget argues over scraps, the big picture of the nation's budget deficit remains unchanged. Recent reports from the Social Security Trustees, the Congressional Budget Office, and the Committee for a Responsible Federal Budget show that, as CBO director Doug Elmendorf puts it, our deficit problem "has hardly been addressed."
Mercatus | Budget Conference 2013: Principles For A Credible Deal
Regrettably, the goal of this year’s budget negotiations appears to have shifted from improving the nation’s finances to eliminating the modest spending sequester to which both sides have already agreed. This would be a mistake with lasting repercussions.