tax debt reduction

Tax Increases, Debt Limit Loom Over Budget Debate: Peter OrszagMost people understandably won’t make it to Table 6-2 of the Analytical Perspectives companion volume released with the Obama administration’s budget. This table, though, foreshadows the fight that will come at about this time next year -- and is thus one good way to view the budget as a whole.Bloomberg - 2 hours, 38 minutes ago
Why Obama’s budget is smart politicsPresident Obama released a $3.8 trillion budget this morning that includes tax increases, continued infrastructure spending aimed at getting the country out of the economic crisis, and less debt reduction than Obama had previously promised. Read full article >>Washington Post - Feb 13 10:12am
For Economy’s Sake, Congress Should Cut Another Temporary Tax Deal: ViewPresident Barack Obama’s budget proposal would let the Bush tax cuts for high-income households expire at the end of this year. Republicans in Congress are certain to resist.Bloomberg - Feb 14 11:35am
Obama unveils record $3.8 trillion budgetThe proposal avoids tough debt-reduction measures and sets up election issues.Portland Press Herald - Feb 13 09:10pm

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