Archive for the ‘Fiscal Policy’ Category

Rep. Ryan: It’s Only a Cut When I Say It’s a Cut!

April 10th, 2014

One of DC’s sillier arguments–a very competitive category–is the claim that you’re not really cutting a program when you reduce its growth rate. Apparently, Congressman Ryan was unhappy with a new CBPP post pointing out that most–69%–of his budget cuts come from programs that serve low or moderate income people.  As CBPP’s Bob Greenstein points out:… Read more

The Congressional Progressive Caucus Budget: A Vision for Our Time

April 9th, 2014

To open our full employment event last week, Larry Summers presented an extremely compelling case for the importance of using fiscal policy to close our persistent output gaps, lower unemployment, and repair some of the economic damage resulting from “austerity,” i.e., reducing budget deficits in weak economies. At the same time Larry was presenting this… Read more

Ryan and the Chained CPI

April 1st, 2014

My Politico oped on the new Ryan budget is up and my wife just read it, liked it, but said, reasonably, that she didn’t get this part: Ryan also dings President Barack Obama for abandoning the “one significant reform he’s embraced,” changing the way Social Security payments rise with inflation, but he once again offers… Read more