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Appropriations Growth in Fiscal Year 2010

INTRODUCTION The Committee on Appropriations this week has begun the process of implementing the discretionary spending portion of the President’s budget, as reflected in the…

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The Administration's Pay-Go Proposal

TALKING POINTS With much fanfare, the administration has announced its pay-as-you-go [pay-go] proposal, seeking to shore up the President’s fragile claim to “fiscal discipline.” But…

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Fed Chairman Warns About Deficits, Debt

In his testimony to the House Budget Committee today, Federal Reserve Chairman Benjamin S. Bernanke gave special attention to the need for Congress to control…

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The Administration's IMF Proposal

INTRODUCTION Following its discussions and tentative agreements with the major industrialized and developing countries at April’s G-20 meeting, the administration is requesting $108 billion in…

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