Econ Comments & Analysis
WSJ | The Ryan Priorities
Paul Ryan laid out his House budget outline on Tuesday, which is already more than Senate Democrats plan to do this year. Passing a budget is a core part of governing, and it's also an obligation under the 1974 Budget Act, but Democrats plan to cruise through the general election on December's budget deal and not let the voters in on their future plans for taxes and spending.
Investors | Ryan's Budget Exposes Democrats' Bankruptcy Of Ideas
Big Government: Whatever objections anyone might have to various details in Rep. Paul Ryan's bold new plan to cut $5 trillion of government waste, one fact trumps all else: Unlike Democrats, he offers solutions, not denial.
Politico | Ryan's Path to Austerity
When describing his last year’s budget to an interviewer who suggested it was highly unlikely to become law, Paul Ryan, the Wisconsin congressman, agreed, and actually went pretty metaphysical, D.C.-style: “But what is a budget? A budget is our vision for how we should fix this country’s fiscal problems.”
Blogs
WSJ | Some Americans Paid Off Credit Cards While Waiting for Foreclosure
The sheer number of foreclosures during the recession may have helped some Americans pay off other debts, such as credit-card bills.
Heritage Foundation | Battle of the Budgets: Ryan Vs. Obama
Yesterday, Budget Committee chairman Paul Ryan (R., Wisc.) released his budget plan for the next decade. As the Senate Budget Committee, chaired by Sen. Patty Murray (D., Wash.), is refusing to do a budget of its own, we’ve decided to use President Obama’s budget vision for a comparison instead.
CATO | Chairman Ryan’s Budget: A Mixed Bag of Reforms
House Budget Committee Chairman Paul Ryan released his budget proposal yesterday, his last as committee chairman. This budget differs greatly from the budget request submitted by President Obama last month. Ryan would “cut” federal spending by $5.1 trillion over the next 10 years and calls upon Congress to pass pro-growth tax reform.
