Perhaps even more than most of Concord’s Fiscal Wake-Up Tour programs, the one in Maine this week underscored the need for a really big alarm clock.The recession has sliced into the government's revenue while putting its spending on steroids. Concord…
Bloomberg and AP reported this week that the Obama Administration’s latest budget outlook, scheduled for release next Tuesday (same day as CBO’s summer update–watching the PR and press that day will be interesting), will show that they expect the fiscal…
Today’s Washington Post reports that the Senate Finance Committee has come up with a bipartisan plan that contains a new revenue offset (or “pay-for”) that’s more consistent with the goals of health reform (emphasis added): (more…)
While the President's press conference Wednesday night got a lot of attention and focused substantially on health care, he also did an interview with Washington Post editorial page editor Fred Hiatt earlier in the day. (more…)