…who thought that the projected 2003 deficit of 246 billion (without tax cuts and war costs) was scandalously high. He called “alarming” the 10-year deficit prediction for the cost of…

…the “accord seen in debate over deficit.” It begins by telling readers that: “the sacrifices necessary to achieve those goals are coming into sharp focus.” Included in the Post’s list…

…years, the deficit in Social Security is expected to amount to 0.7 percent of the economy — not a huge amount, but a deficit nonetheless. So it would be desirable…

…deficit to 3% of GDP by 2014. Since then, the government announced deficit cuts that exceeded those originally planned by a factor of two. Seems fishy to me. Rebecca Wilder…

…A truly radical debt reduction scheme Felix Salmon: The deficit commission’s plan Dean Baker: Statement on Deficit Commission Proposals Richard Green: One hand clapping for the Deficit Commission Co-chairs’ powerpoint…

…law, its receipts, budget authority, outlays, and surplus or deficit are separated from all other (on-budget) receipts, budget authority, outlays, and surplus or deficit. The budget reflects the legal distinction…

…that roughly personal savings financed the housing sector and business savings financed nonresidential fixed investments. Each ran a small surplus that financed the federal deficit and left a small surplus…

…contentious constitutional reform. (IHS Global Insight, subscription required, forecasts Turkey’s current account deficit to be 3.3% of GDP in 2010 and the fiscal deficit to be 5.1% of GDP). Constitutional…

…comparing OMB’s estimate of the deficit over the next ten years under the President’s proposed policies ($9.1 trillion) to CBO’s “baseline” estimate of the deficit under current law ($7.1 trillion),…

rdan Re-posted with permission from the author. Trade deficits resume upward climb Howard Richman The US trade statistics for April were just reported yesterday. The US trade deficits, overall, went…