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Taking the Challenge

When people asked Al Simpson and me why we agreed to take on the challenge of finding a solution to our nation’s deficit and debt, we originally said we were doing it for our 15 grandkids, my nine and...

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House GOP Releases 2013 Budget Blueprint

Earlier today, the House Budget Committee released its 2013 budget plan titled “The Path to Prosperity: A Blueprint for American Renewal.” Click here to view the full report. Following the release,...

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Some Key Points About The House Republican Budget Resolution

The late North Carolina Senator Jesse Helms once told a story of a defense planner in the early years of World War II, who was tasked by his colleagues to figure out how the United States could supply...

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SPECIAL EDITION: Where The Budget Is Going In 2012

This is a rather long post.  It tries to put into a clearer perspective the highly publicized impending end-of-year budget and tax events – called “taxmageddon” by some in the press.  It takes the...

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The Political Implications Of The “Fiscal Commission Budget Plan”

Last week, Senate Budget Committee Chairman Kent Conrad (D-ND) put forward a budget resolution.  Although on the surface this is an unremarkable event – it is supposed to happen every year, before this...

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The Beginning of the Endgame?

 Let’s Make a Deal: A New Series There were a couple of developments on the budget this week, coming out of the House Republican camp (pardon the pun – as will be explained in a moment).  First, House...

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IN THE NEWS: The State of the Global Economy

CED Senior Vice President and Director of Research, Joe Minarik, discusses the state of the U.S. and global economies on CCTV’s Biz Asia America, a business program anchored by Phillip Yin covering...

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News From The Fiscal Cliff

This week, the end-of-year automatic policy changes that were originally intended to steady the shaky federal budget appeared to rise in public concern.  A Wednesday front-page above-the-fold...

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Stumbling Toward The Cliff

Some time ago, I wrote a post to explain why the Congress, beyond not taking action on the “fiscal cliff” before the election, was likely not to act in any meaningful way even in a “lame duck” session...

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Paul Ryan, The Campaign, And The Budget

This is an additional, longer-than-usual post, to provide detail on the news of the last few days.  We will be back to the usual format later this week. Jacquelyn Martin/AP Former Massachusetts...

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