Disaster Relief-for-Offsets Proposal Generates Local Backlash

By: Thursday September 1, 2011 12:50 pm

The fight over whether to offset emergency spending on disaster relief, as Eric Cantor wants, could end up being the most interesting upcoming battle in Congress. The lines aren’t drawn in an entirely partisan way on this one. In particular, Republican Governors in the states affected want to see that disaster relief, and don’t care [...]

Several Pitfalls on the Road to a Budget Agreement for FY2012

By: Monday August 29, 2011 8:15 am

We’ve heard a lot about how a newly-humble GOP will come back and make as little a fuss about the federal budget as humanly possible, quietly agreeing to spending levels for annual appropriations and moving the budget process along. Carl Hulse has another example in the genre: While provisions to raise the debt limit and [...]

Irene a Net Stimulus? Hardly.

By: Monday August 29, 2011 7:35 am

There’s an economic theory that breaking windows is likely to provide a short-term boost to the economy, because the windows will have to be replaced, adding to window manufacturing and shipping and sales. Some are trying to associate that theory to Hurricane Irene, saying that in the long run, the economy will benefit from cleanup [...]

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