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.

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.

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.

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.

Sticky and very high

By Reuters Staff
July 14, 2010

The following is a guest post by Russ Roberts taken from his co-authored blog, Cafe Hayek. The opinions expressed are his own.

from Commentaries:

Deficit hypocrisy

August 26, 2009

There's something scary about big numbers. It's one reason we in the media often like to put the biggest number we can find into a headline.