July 23, 2014

White House Trims Economic Forecast Ahead of Congress Budget Battle

July 9, 2013
Reuters

Excerpt

"It kind of struck me that it was dropped into the void here," said Robert Bixby, executive director of the Concord Coalition, a nonpartisan budget reform advocacy group.

Bixby, who has worked with the group for more than 20 years, said he could not remember any White House mid-session review that had ever caused less attention.

That's because there are no serious talks going on right now on the budget and deficit between the White House and Congress, Bixby explained, adding he thinks the report would have had more impact in August or early September.

"Normally if something like this comes out, you'd hope it would jump-start negotiations. But right now there's nothing to jump-start," he said.