from The Great Debate:

To help end budget gimmicks, pass this bill

By David M. Walker
July 24, 2013

When it comes to addressing our growing national debt, there is no shortage of disagreement between the political parties in Washington. But there is one thing they should both agree on: to tell the truth about our nation’s growing fiscal imbalance.

from The Great Debate:

Seeking a smarter approach to the budget

By Senator Roy Blunt
May 30, 2013

Capitol Building in Washington, February 27, 2013. REUTERS/Jason Reed

Sequestration grew out of a political impasse: Republicans refused to raise the government’s borrowing limit in 2011 without starting to bring spending under control, but Democrats refused to make choices about where to cut spending.

from The Great Debate:

Obama’s budget bid for a ‘grand bargain’

By David M. Walker
April 10, 2013

President Barack Obama’s budget, released Wednesday, is getting a lot of criticism from ideologues on the right and left. That is one of the most encouraging things about it.

from MuniLand:

Everyday government pork

By Cate Long
January 6, 2013

Everyone in Washington is fighting over tax cuts, spending limits and the debt ceiling. But the real problem is the fat in all levels of government spending that must be slimmed down. A quick media survey uncovers poorly monitored and misspent government funds at every level of the system.

from MuniLand:

Federal budget fantasies

By Cate Long
December 29, 2012

Regardless of the outcome of the negotiations between President Obama and Congress, the government’s budget is seriously out of balance. Here is a fiscal picture for the federal government from February in a simple form:

from MacroScope:

Could renewed U.S. economic strength turn the fiscal cliff into a fiscal ramp?

October 18, 2012

photo

The term ‘fiscal cliff’ has now safely transitioned from economic jargon to popular cliché. But how worried should Americans be about the growth-stunting mélange of expiring tax cuts and spending reductions set to begin kicking in at the start of next year?

from MacroScope:

Ambling through the archives: Don’t blame the deficit, 1983 edition

October 16, 2012

The battle over the amount and nature of government spending is the focus of the current U.S.presidential campaign and is unlikely to go away even after the November election is well in the rear view mirror.

from The Great Debate:

Political strategy in the Budget Control Act era

By Keith Hennessey
August 2, 2011

By Keith Hennessey
The opinions expressed are his own.

I cover three topics in this post: what important players won in this deal, the core concepts and tradeoffs within the deal, and what the different strategies might be this Fall under this bill when it becomes law.

from Financial Regulatory Forum:

U.S. budget cut seen threatening state, local financial crime-fighting

By Guest Contributor
March 11, 2011

By Brett Wolf

ST. LOUIS, March 11 (Complinet) - A looming cut to the federal financial crime agency's budget could cripple state and local investigations that depend on transactions monitored via the anti-money laundering Bank Secrecy Act, worried authorities said.

from The Great Debate UK:

UK deficit cutting – lessons for the US

February 15, 2011

USA-BUDGET/The news that China is engaged in talks over the building of a rival to the Panama Canal ought to set alarm bells ringing in Washington – and not just because of its obvious geopolitical implications. It is yet another sign that the Chinese have finally woken up to the fact that relending their hoard of dollars straight back to the USA is not a very smart policy, at least not as long as the Federal Government carries on spraying out greenbacks like a tipsy GI on furlough, and without Chinese support, the outlook for the Treasury bond market looks threatening.