Relevant and even prescient commentary on news, politics and the economy.

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Politically Feasible Stimulus

…stimulus will pass congress. I think a proposal to send a $500 check to every US citizen containing family would pass congress. In particular some allegedly Democratic Senators (cough Conrad)…

Where is the Budget Crisis?

Brendan Fischer via PR Watch writes on the budget process in Wisconsin, with links here: Where is the Budget Crisis?. Wisconsin Governor Scott Walker alleges that dismantling public sector collective…

Budget 2010 is telling?

rdan NYT reports on the thinking of the Obama team on our budget deficit concerns. The budget will provide the first clues to how Mr. Obama will reassert fiscal discipline…

The Role of Spending Growth in the Deficit

…the actual and forecast (under the Bush administration’s 2005 budget proposal, which assumes very tight controls on discretionary spending over the next few years) budget deficit. The light blue line…

The Budget Deficit in Context

I’m preparing a few slides for a class discussion about the US federal budget. In so doing, I produced the following picture of federal revenues and spending, excluding the Social…

New Budget Forecasts

The latest installment of the CBO’s Budget Outlook for the US government was released yesterday. The headline figure being reported is an estimate of a 2005 budget deficit of $368bn,…

Budget stances

Lifted from reader rjs’s newsletter when comparing the Ryan outline and the Dem budget issues to be resolved: but this year, like each of the past three, that budget responsibility…