Although CRFB commends the President for having a specific fiscal goal and for honestly budgeting for expected costs, several items and trends in the budget are troubling. This paper focuses on three main issues: a more aggressive deficit goal would be appropriate; introducing new spending programs and tax cuts before finding ways to close the fiscal gap threatens the principle that Congress set forth to fully offset all new initiatives; and the budget largely fails to address the long-term.
Links:
[1] http://usbudgetwatch.org/sites/default/files/imported/documents_1/More-FY10Budget.pdf
[2] http://usbudgetwatch.org/sites/default/files/money_stack2.jpg
[3] http://usbudgetwatch.org/category/issue-area/budget
[4] http://usbudgetwatch.org/category/project/us-budgetwatch
[5] http://usbudgetwatch.org/category/document-type/policy-paper