The tax proposals in President Obama’s latest deficit-reduction plan have led to partisan charges and counter-charges of “class warfare.” Journalist have focused heavily on his proposed “Buffett Rule,” which Obama says would ensure that people like Omaha billionaire Warren Buffett…
As the President and Congress consider deficit reduction options and an increase in the debt limit, budget process proposals have recently become popular on Capitol Hill. (more…)
* Updated based on the CBO Preliminary Analysis of the President’s Budget released on March 18 As the new chairman of the House Budget Committee, Paul Ryan faces a daunting task in producing a budget resolution that satisfies the policy goals…
President Obama’s Fiscal Year 2012 budget is not a bold policy proposal. It is an oddly complacent budget for a situation that requires anything but complacency.Faced with a growing chorus of warnings from official and unofficial sources that we are…