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Not only is the GOP’s deficit-reduction-vs.-tax-cuts fissure not new, it almost always has been settled in favor of the tax reduction wing of the party. So, though it’s hard not to agree with Larry...
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After complaining bitterly during the midterm elections that budget deficits were a tool of the devil, and using those complaints to convince people to vote against Democrats, the GOP has now agreed...
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Larry Haas is wrong about the need for, in his words, “chest-thumping” about the deficit. We’ve had plenty of fire-and-brimstone fiscal preaching over the past decade. In fact, that’s all...
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I wish it were otherwise, but I have very little confidence that the deficit reduction commission that is beginning its work this week will be able to accomplish much that is of any value. My...
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For logistical, procedural and political reasons, the Democratic congressional leadership is seriously considering postponing votes on the fiscal 2011 appropriations bills — the legislation that...
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When a federal budget resolution was before Congress for the first time in 1975, some members of both houses balked because, in effect, they were being asked to approve the federal deficit. Although...
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When a federal budget resolution was before Congress for the first time in 1975, some members of both houses balked because, in effect, they were being asked to approve the federal deficit. Although...
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Deficit hawks, bond market vigilantes, congressional Republicans, Blue Dog Democrats and a few others are about to start publicly agitating for deficit reductions this year. When Congress returns to...
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It was a bruising clash between two political heavyweights—over federal budget accounting rules, of all things. Former Obama campaign manager David Plouffe and former Bush administration political...
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The federal budget all but disappeared in early February, just after President Obama sent his plan for fiscal 2011 to Capitol Hill. In the more than six weeks since that budget was released, we’ve...
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Those who have demanded and supported cuts in federal spending over the years have insisted that the reductions could be done more or less painlessly. The government operates so inefficiently, they...
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Those who have demanded and supported cuts in federal spending over the years have insisted that the reductions could be done more or less painlessly. The government operates so inefficiently, they...
