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Taylor asks why the U.S. cannot get by on a budget that is 20% of GDP, when this is what the budget was in 2007 and GDP is much larger today. He says private investment can do a better job reducing unemployment and creating a growing U.S. economy. Taylor provides advice on the Romney Plan.
Grouped Articles
Bhidé and Phelps: Central Banking Needs Rethinking
Wall Street Journal 07/16/2013
Obama's Permanent Spending Binge
Wall Street Journal 04/22/2011
Five Lessons for Deficit Busters
Wall Street Journal 06/20/2011
Wall Street Journal 06/27/2011
Charlie Rose Talks to Robert Rubin
BusinessWeek 08/04/2011
Washington Post 08/07/2011
Negotiations between the White House, Democrats and Republicans, to achieve major reductions and cuts in spending, and increase tax revenues by reducing tax expenditures. The discussions for an action plan on the U.S. budget deficit have reached an impasse with Republicans opposed to any tax increases.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
GOP Hopefuls Betting Voters Want Deep Cuts
Wall Street Journal 07/18/2011
Why we need a third party - The Washington Post
Washington Post 09/26/2011
Wall Street Journal 07/05/2011
New York Times 07/04/2011
New York Times 07/07/2011
A budget document with an eye to the presidential election in 2012, but also one that reflects the Obama administration's priorities.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Wall Street Journal 02/14/2012
Wall Street Journal 02/14/2012
Obama Proposes 'Buffett Rule' for Wealthy
Wall Street Journal 02/14/2012
White House Proposes Cap on Wartime Spending
Wall Street Journal 02/13/2012
New York Times 02/13/2012
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Obama's Budget: Something for Everyone to Hate
BusinessWeek 02/10/2011
Obama Budget Said to Trim Deficit by $1.1 Trillion
New York Times 02/12/2011
Budget Plan Marks Start of Long Fight on Spending
Wall Street Journal 02/14/2011
Voters Balk at Cuts Close to Home
Wall Street Journal 02/15/2011
The risk of an American government shutdown: Time to stop play-acting and spit out the tea
Economist 04/02/2011
The U.S. faces difficult choices in 2012-2013- efforts to close the deficit by letting the Bush tax cuts and payroll tax cuts expire and making spending reductions will lead to low growth. Not doing this will lead to growth with much higher deficits and unsustainable debt levels.
Grouped Articles
Four Deficit Myths and a Frightening Fact
Wall Street Journal 01/19/2012
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Deficit Is Again Set to Top $1 Trillion
Wall Street Journal 02/01/2012
Increasing concern about the deficit and efforts to cut the deficit.
Grouped Articles
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Jobs Bill vs. Deficit, a Showdown in the Senate
New York Times 06/01/2010
The Wisdom and Folly of the Bush Tax Cuts
BusinessWeek 08/05/2010
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
Alice Rivlin's Bid to Cut the Deficit
BusinessWeek 10/21/2010
A detailed look at how 46 states turned to budget cuts not tax increases as they looked for ways to reduce the budget deficits.
Grouped Articles
Higher Taxes Yield to Budget Cuts in States
Wall Street Journal 07/07/2011
Wall Street Journal 07/13/2011
Tom Keene Talks to Robert Skidelsky
BusinessWeek 07/28/2011
Families Feel Sharp Edge of State Budget Cuts
New York Times 09/06/2011
States face bleak economic forecast, report says - The Washington Post
Washington Post 11/29/2011
Washington Post 12/22/2011
The negotiations between the Obama White House and Republicans in July 2011 on raising the debt ceiling for the U.S. Skepticism among Democrats about the nature of the deal the Obama White House is about to reach with Republicans. The New York Times in an editorial suggests the use of a constitution provision to avoid deep cuts. Lawrence Tribe, a constitutional scholar points to the weakness in this approach in an op-ed piece in the New York Times on the same day, July 8, 2011.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Wall Street Journal 10/10/2013
Why Democrats Are Dug in on Shutdown Impasse
Wall Street Journal 10/14/2013
Budget Discord Simmers Among Democrats
Wall Street Journal 10/21/2013
Entitlement Cuts Divide Democrats
Wall Street Journal 07/08/2011
How Tweaking Benefits Would Work
Wall Street Journal 07/08/2011
There is little support for cutting the two programs polls show. This suggests that politicians who fight for cuts in the popular programs risk being punished in the next elections. Voter awareness about the problems the large budget deficits pose for the U.S. and what action needs to be taken is growing, but only growing slowly.
Grouped Articles
Bayonne Medical Center Has Highest U.S. Billing Rates
New York Times 05/16/2013
Voters Balk at Cuts Close to Home
Wall Street Journal 02/15/2011
Wall Street Journal 03/03/2011
Republicans Shelve Medicare Overhaul Plan
New York Times 05/05/2011
New York Times 05/26/2011
New York Times 05/26/2011
Presidents from FDR to Bush and how they handled U.S. deficit reduction. Views of historians. FDR was not the spender he is presented to be. He believed in responsible budgeting. Social Security was to be financed through contributions from employees and employers. For Social Security financing Roosevelt said: "no dole."
Grouped Articles
New York Times 07/21/2011
Presidents and their Debt , FDR to Bush: FDR, Deficit Hawk
New York Times 07/21/2011
New York Times 07/21/2011
New York Times 07/21/2011
Washington Post 08/07/2011
Wall Street Journal 02/14/2012
Grouped Articles
CBO Sees Deficit Narrowing to $642 Billion
Wall Street Journal 05/14/2013
Four Deficit Myths and a Frightening Fact
Wall Street Journal 01/19/2012
CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
U.S. Annual Budget Deficit Smallest in Nearly Seven Years
Wall Street Journal 06/11/2015
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Budget Battles: Tax and Spending Myths and Realities
New York Times 04/12/2011
Budget Battles: The Price of Ill-Conceived Cuts
New York Times 04/12/2011
Congress Puts Haggling Aside to Pass 2011 Budget Bill
Wall Street Journal 04/15/2011
Wall Street Journal 02/14/2012
Wall Street Journal 02/14/2012
The budget deficit reduction plan proposed by President Obama in an address at George Washington University on April 14, 2011.
Grouped Articles
Budget Shell Games Are Contrary to Law
Wall Street Journal 07/14/2011
Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post
Washington Post 09/07/2013
Budget Deficit Returns to Prerecession Levels
Wall Street Journal 10/16/2014
U.S. Racks Up Smallest Deficit Since 2007
Wall Street Journal 01/14/2015
Wall Street Journal 04/14/2011
President Obama, Reinvigorated
New York Times 04/13/2011
Stockman sees a failure to recognize budget reality in Obama's plan to avoid taxes on the middle class. He also sees a similiar failure in Paul Ryan's effort to shield defense and the rich, while at the same time focussing most of the cuts on the poorer sections of society. He says both plans put off cuts and taxes till way into the future- from 12 years to 20 years into the future.
Grouped Articles
Wall Street Journal 04/18/2013
Why we need a third party - The Washington Post
Washington Post 09/26/2011
New York Times 10/20/2013
Charlie Rose Talks to Paul Ryan
BusinessWeek 09/16/2010
The Bipartisan March to Fiscal Madness
New York Times 04/23/2011
New York Times 07/07/2011
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