When sequestration cuts furloughed air-traffic
controllers in April, airline travelers rose up in fury. Congress responded
with a quick legislative fix that “unfurloughed” the controllers and returned
flight delays to annoying, rather than infuriating, levels.
Showing posts with label spending cuts. Show all posts
Showing posts with label spending cuts. Show all posts
Wednesday, May 29, 2013
Sally Steenland: Sequestration hurts all of us, not just our most vulnerable
It’s Day 90 of sequestration—the across-the-board
spending cuts that went into effect March 1, which the Obama administration
predicted would be devastating and conservatives insisted wouldn’t be so bad.
Three months in, it’s worth asking how harmful the phased-in cuts have
been—although that depends on whom you ask.
Wednesday, April 10, 2013
Michael Linden: The President’s budget is another attempt to reach a fiscal deal
President Barack Obama’s fiscal year 2014 budget is
unlike any previous presidential budget request in recent history. It is not a
statement of the president’s vision for the federal budget. It does not
represent what he thinks is the best course of action for spending, taxation,
and broader federal fiscal policy. It is not, in short, his preferred budget
plan. Rather, for the first time ever, it is a preemptive compromise budget.
It includes more than $1 trillion in additional
spending cuts, on top of the $1.9 trillion that the president has already
accepted and signed into law. It includes significant changes to entitlement
programs, as well as further cuts to a portion of the budget that was already
cut down to historic lows. And it includes far less new revenue than the
president has called for in the past. All told, President Obama’s compromise
budget would raise less revenue and set government spending at approximately
the same levels as the much-ballyhooed bipartisan plan proposed by former
Republican Sen. Alan Simpson and former White House Chief of Staff Erskine
Bowles in 2010. By that standard, the president’s compromise budget is to the
right of Simpson-Bowles.
Saturday, January 19, 2013
Scott Lilly: House Republicans still haven’t learned lessons from their 1995 government shutdown
House Republicans have been contemplating their next
move in the fiscal showdown this week as they huddle during their annual
retreat in Williamsburg, Virginia. There is a real sense of Armageddon in the
air. President Obama took them on directly with respect to the central issue on
their agenda, preserving low tax rates for high income individuals, and won—not
by a little but by a lot.
Subscribe to:
Posts (Atom)
