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Thursday, April 17, 2014

Budget

Econ Comments & Analysis                                                                                            
Politico | Running Away From the Ryan Budget
For the fourth year in a row, the House of Representatives passed a budget drafted by Rep. Paul Ryan, the Wisconsin Republican and head of the House Budget Committee. Properly understood, a congressional budget sets priorities and, as we saw with Ryan’s early efforts to reform Medicare, can shift the trajectory of politics and policy. Chairman Ryan and his committee deserve credit for their efforts.
CBO | An Analysis of the President's 2015 Budget
This report by CBO presents an analysis of the proposals in the President’s budget request for fiscal year 2015, as submitted to the Congress on March 4, 2014. The analysis is based on CBO’s economic projections and estimating models (rather than the Administration’s), and it incorporates estimates of the effects of the President’s tax proposals that were prepared by the staff of the Joint Committee on Taxation (JCT).