Browsing articles tagged with "democrats Archives - Coalition to Reduce Spending"

“Balanced?” $1 of spending decreases for every $40 in tax increases

That is the so-called “balanced” result of January’s “fiscal cliff agreement”¬†between Congressional Republicans and the White House, according to a column by Stanford professor Michael Boskin in the Wall Street Journal this week. Boskin writes, “An economically ‘balanced’ deficit-reduction program today would mean $5 of actual, not hypothetical, spending cuts per dollar of tax hikes.” […] Read More >>

How much discretion does President Obama have on sequester cuts?

This vital question has been unclear to me since the sequester loomed large on the political horizon. Predictably, it is difficult to find a straight answer on it given the incentives both parties have to blame each other for whatever real or imagined pain results from the sequester’s across-the-board cuts, which are set to take […] Read More >>