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

Continuing Resolution reductions

Talking Points Memo points us to a nine page chart specifying which programs are sustaining funding cuts in the Continuing Resolution reductions as published by the Republicans on the House Appropriations Committee. (h/t rjs) (h/t MG) The original documents from the House Committee on Appropriations are located here. These include the legislation text, legislation summary, […]

Don’t savings lower the deficit?

AP’s Andrew Taylor describes a part of the federal budget debate that needs clarification for the average voter and others regarding this current round of ‘negotiations’: Some $18 billion of the spending cuts involve cuts to so-called mandatory programs whose budgets run largely on autopilot. To the dismay of budget purists, these cuts often involve […]