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Battles of the Budget
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David Super on why the fiscal cliff can be fairer than any deal reached between Republicans and Democrats
12/17/2012
Super is professor of law at Georgetown University. He says the $1.2 trillion in spending cuts president Obama and the Democrats have proposed will hurt the poor and middle class as much or more than any cuts proposed in th fiscal cliff. He says if the fiscal cliff cuts go into effect it is likely that mini deals would be reached to restore the Bush tax cuts for the middle class and reduce the amount of defence cuts because of the pressure of publc opinion, ending in a fairer deal than the grand bargain between Republicans and Democrats.
Grouped Articles
Budget Discord Simmers Among Democrats
Wall Street Journal 10/21/2013
Forget the Warnings: Letâs Drive Over the Fiscal Cliff!
New York Times 12/17/2012
Boehner Weighs 'Cliff' Backup Plan
Wall Street Journal 12/18/2012
Boehner Tax Plan in House Is Pulled, Lacking Votes
New York Times 12/20/2012
On the Left, Seeing Obama Giving Away Too Much, Again
New York Times 01/01/2013
Deal Fails to Satisfy Liberal Democrats
Wall Street Journal 01/02/2013
The $250,000 income figure in U.S. president Obama's plans for taxes on the rich
04/12/2009
The cutoof below which Democrats propose permanently extending the Bush era tax cuts in fiscal cliff negotiations.
Grouped Articles
New York Times 04/12/2009
Obamaâs Tax Plan Would Spare Many Affluent Families
New York Times 12/06/2012
President Delivers a New Offer on the Fiscal Crisis to Boehner
New York Times 12/17/2012
Boehner Weighs 'Cliff' Backup Plan
Wall Street Journal 12/18/2012
On the Left, Seeing Obama Giving Away Too Much, Again
New York Times 01/01/2013
New York Times 01/03/2013
The phone call leading to the McConnell-Biden U.S. fiscal cliff deal of Jan. 1, 2013
10/25/2010
A phone call from Senator Biden begins the negotiations stalled first between Boehner and Obama, and then stalled between McConnell and Reid. Reid advised Obama to hold out for a better deal. Biden went on the Senate floor to ask if there was someone on the other side willing to dance. At that point Biden consulted Obama and the two decided it was worth a shot. Cantor and 151 Republicans opposed the deal with no spending cuts and McConnell trading higher estate taxes for extending unemployment benefits and postponing cuts. Boehner supported it and the deal passed the House.
Grouped Articles
Wall Street Journal 07/13/2011
Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post
Washington Post 09/07/2013
Boehner Urges G.O.P. Unity in âEpic Battleâ
New York Times 10/04/2013
Congress Passes Debt, Budget Deal
Wall Street Journal 10/17/2013
Robert J. Samuelson - The dysfunction of American politics
Washington Post 10/25/2010
How Deal Was Made, Unmade, Then Saved
Wall Street Journal 01/03/2013
What Krugman makes of the one trillion dollar U.S. deficit in 2012 and the alternate view of John Taylor on the U.S. deficit
08/22/2010
Krugman says $1.089 trillion to be exact for the fiscal year ending in Sept. 2012. He gives the 400-450-150 formula to understand what this means in simple terms. The debt would still be stable or declining as a ratio of GDP at $400 billion because of steady GDP growth. He cites the example of the period when debt to GDP declined from 49% to 33% because of steady growth during the Clinton years (1992-2000) even though Clinton started out in 2000 with a deficit. The $450 billion is from lower tax payments because of the 2008 economic crisis followed by recession which would be reversed with restored GDP growth. The $150 billion is from payments such as unemployment insurance, food stamps, to cushion the effects of that crisis and the recession, which would be reversed with restored economic growth.
Grouped Articles
New York Times 09/06/2011
New York Times 09/08/2013
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
New York Times 10/10/2010
Strong Dollar Stands in Manufacturing Sector’s Way
Wall Street Journal 03/16/2015
Dollar’s Rise Poses Risk for Fed Plans
Wall Street Journal 01/27/2016
Raising the Medicare age to 67 in U.S. "fiscal cliff" deficit reduction negotiations
06/16/2010
Grouped Articles
Doctors Chafe As Medicare Cuts Loom
Wall Street Journal 06/16/2010
'Cliff' Wranglers Weigh Medicare Age
Wall Street Journal 12/03/2012
Hoyer Urges Democrats to Eye Entitlement Changes
Wall Street Journal 12/04/2012
Tax Arithmetic Shows Top Rate Is Just a Starter
New York Times 12/08/2012
Forget the Warnings: Letâs Drive Over the Fiscal Cliff!
New York Times 12/17/2012
New York Times 01/03/2013
The deal reached Jan 1, 2013 on U.S. fiscal cliff tackles Bush tax cuts, but postpones the cliff for 2 months.
12/31/2012
The struggle over the debt ceiling and $110 billion in spending cuts of the cliff will now take place in March 2013.
Grouped Articles
Fannie Mae to pay $59.4B to Treasury - The Washington Post
Washington Post 05/09/2013
Obama, GOP Open Talks Over Temporary Debt Fix
Wall Street Journal 10/11/2013
Poll Finds GOP Blamed More for Shutdown
Wall Street Journal 10/11/2013
After a ‘fiscal cliff’ deal, what next? - The Washington Post
Washington Post 01/01/2013
Wonkbook: Everything you need to know about the fiscal cliff deal | Wonkblog
Washington Post 01/01/2013
Winners and losers in the fiscal cliff deal | The Fix
Washington Post 01/01/2013
The U.S. political system, politics and the deficit- 2012-2013
07/18/2011
Republican and Democratic party political sparring in the fiscal cliff negotiations in Dec. 2012, with each side arguing against too much compromise.
Grouped Articles
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
Boehner Urges G.O.P. Unity in âEpic Battleâ
New York Times 10/04/2013
In Rural Iowa, Spending, Not the Shutdown, Raises Worry
New York Times 10/04/2013
Why Democrats Are Dug in on Shutdown Impasse
Wall Street Journal 10/14/2013
Congress Passes Debt, Budget Deal
Wall Street Journal 10/17/2013
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