Archive for the ‘New Posts’ 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

Budget Linguistics

April 7th, 2014

A few months ago I was in a restaurant and noticed a mistake on the check.  “I’m sorry,” the waiter said, suggesting there was nothing he could do about the overcharge.  “That’s how it’s in the computer.” I was recently reminded of that incident when I testified at a budget hearing in the House, particularly… Read more