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Geithner Warns About Deficits
Geithner Warns About Deficits
Geithner said it is imperative for the government to reduce over time the debt piling up as a result of the government response to recession and market turmoil.
Deficits and Fiscal Credibility
online.wsj.com — A Democratic senator says no to a huge federal spending bill.... (more) Deficits and Fiscal Credibility
Bush Deficits Vs. Obama Deficits
blogs.tnr.com — Ramesh Ponnuru, responding to my budget post from last night, writes , "Chait may also be understating... how much flim-flam is involved in Obama's deficit claims." On the contrary, I think he's underestimating how much flim-flam was involved ... (more) Bush Deficits Vs. Obama Deficits
Obama's Deficits
corner.nationalreview.com — Jonathan Chait says that Obama's plans will reduce the deficit (indeed that it is "hard to dispute"... the alleged fact) and that "most of the people who are complaining about Obama's fiscal [irresponsibility] today uttered not a peep of complaint about ... (more) Obama's Deficits
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If President Obama Isn't Careful . . .
The Corner on National Review Online — ... cause companies to reduce or drop longstanding health-care arrangements. Right after the election, I wrote in NRODT that the ad was grossly misleading: McCain sought to replace income and payroll-tax exclusions at the workplace with tax credits for households a swap that would reduce taxes for virtually everyone and give families more choice and ownership in their health plans. Still, it was a powerful political attack. So I'm reading the Journal today and come across this bit of news : The administration also is opening the door to another revenue source to help cover ...

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online.wsj.com 1/7/2009 — Obama said the U.S. could face trillion-dollar deficits for years to come, but heavy spending is needed now to spur the economy.
Geithner Did It
andrewsullivan.theatlantic.com 3/21/2009 — Now he tells us? Sharp intake of breath : Treasury Secretary Timothy Geithner told CNN Thursday his department asked Sen. Chris Dodd to include a loophole in the stimulus bill that allowed bailed-out insurance giant American International Group to ...
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nytimes.com 1/7/2009 — Barack Obama delivered a stark assessment of the economy, saying that his administration would be forced to impose tighter discipline on government. >
$1 trillion deficits seen for next 10 years
breitbart.com 3/20/2009 — WASHINGTON (AP) - President Barack Obama's budget would generate deficits averaging almost $1 trillion a year over the next decade, according to the latest congressional estimates, significantly worse than predicted by the White House just last ...
A warning for Obama on deficits
boston.com 2/23/2009 — WASHINGTON - Just one week after President Obama signed a stimulus package designed to give a short-term boost to the economy, some of the nation's top budget analysts plan to deliver a stark warning today at a White House summit that an even more ...
The Geithner Interview
baselinescenario.com 3/2/2009 — I finally got around to listening to Tim Geithner’s interview with Adam Davidson for Planet Money. (Simon already commented on it.) I had two main reactions. 1. Around the 14:30 mark, in response to a question about the problem of valuing bank ...