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Fiscal Goals Are Good, Plans Are Better
Robert Samuelson has a blunt message for the American public in today's Washington Post: WAKE UP! In his op-ed Samuelson pans the lack of urgency by...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune noted that for all the attention paid to bank...
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‘Line’ Items: Deeming, Dreaming, Votes and Quotes
Little Resolve for Budget Resolution – Leaders in the House have yet to make a final decision on moving forward with a FY2011 budget resolution. But...
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Op-Ed: From a Fiscal Standpoint, Alarm About Health Care Reform
Pioneer Press | May 15, 2010 As co-chair of the Committee for a Responsible Federal Budget (yes, I know it sounds like an oxymoron), I helped organize...
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MARKETWATCH THIS WEEK Is It Good to Be A Safe Haven?
U.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...
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Bills Bills Bills: Extenders and Supplementals
Next week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...
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Congressman Eric Cantor Introduces YouCut
Yesterday, House Minority Whip Eric Cantor (R-VA) launched a new project - YouCut. YouCut allows people to vote online or from their cell phones on...
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Lessons from Portugal: A Way Forward from our Fiscal Impasse for U.S. Political Leaders
Inspiration can come from the most surprising places. Take Portugal, for instance. (Granted, there are major differences between the U.S. and...
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Pearlstein Comes Out with His Own Fiscal Plan
Today in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...
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Fed Restarts Foreign Currency Swaps
In a release late Sunday night, the Fed announced that it has agreed with other major central banks to reopen foreign currency swap lines in order to...
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CBO's Monthly Budget Review: Higher Deficit than Last Year but with Signs of Hope
The Congressional Budget Office (CBO) issued its Monthly Budget Review late last week. CBO reports that the federal government incurred a deficit of...
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Weekend Editorial Roundup
Here are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune criticized both parties for reckless spending...