Watcher: May 15, 2007

The latest in fiscal policy, from The Watcher: Social Programs Are Collateral Damage of the War Funding Debate A review of the debate over the war funding bill and the social programs caught in the same net. Budget Resolution Report and Vote Could Come Soon Conferees have nearly resolved the few major differences between Senate and House versions of the congressional budget resolution.

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Grassley "Shocked" re AMT Reform: Your Point Being?

Recent remarks by ranking Senate Finance Republican Charles Grassley (R-IA) about an AMT reform package that won't be announced for weeks makes us all wonder if those weary old tax scare lines still work regardless of the facts.

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Comment on the CAP Contracting Report

A quick comment on the CAP report- it focuses on the surge in non-competitive contracts. But non-competitive bids are just the most obvious example of how market forces are not being applied in government contracting. The most damning observation that the CAP report makes is that even if these bids were competitive, the work wouldn't be done efficiently. Agencies need resources to hold contractors accountable, but they often don't have them.

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CAP on Contract Reform

The Center for American Progress has a comprehensive new report on government contracting and how it could be reformed.

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The Health Care Mountain

Ezra Klein has an excellent post on the nature of long term fiscal health. Given this chart from a Center on Budget and Policy Priorities report, Klein wonders why Social Security get so much attention. Or, as he puts it: Look at that gentle slope for Social Security! You could do that in Rockports! Mt. Medicare and Medicaid, by contrast, require climbing gear.

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More on What's Wrong With Health Care

If you've got 45 minutes, take a look at this article in the New York Review of Books. It's an analysis of how doctor's think, and how bad habits of mind promote inefficiency and bad outcomes in the health care system.

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Budget Conferees Settle on "Trigger"; not Full Report

Yesterday, House and Senate budget resolution negotiators took a step forward to agreement, but seem unlikely to meet a key but informal deadline.

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Budget Resolution Recap on TPM Cafe

Check out Dana's latest in his TPM Cafe series on the budget process. This edition: the last few sticking points regarding the congressional budget resolution. It was over six weeks ago when the House and Senate passed their $2.9 trillion budget resolutions for the federal fiscal year starting on October 1, 2008 and projected budgets through 2012. Since then, the attention of most members of Congress has been on the war in Iraq and whether or how to end it.

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New Resource on Budget Process

Here's a new resource on the basics of the budget process.

We try to make the budget process understandable by comparing it to a story - with a beginning, middle and end, as well as characters, conflict, and resolution.

If you already get the budget process, please show it to a friend, or distribute it to people who don't get it.

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Hill Detects Hypocracy in Portman's Budget Bluster

The day after the House-Senate budget resolution conferees met last week to take up their delicate deliberations, the bull from the Bush china shop came barreling into the room -- thankfully, long after negotiators had left. But the portly bull, less than deft, issued threats that fell on deaf ears, bloviating to long-vacated room: ... it is timely to notify you that I will recommend the President veto any appropriations bill that exceeds his request until Congress demonstrates a sustainable path that keeps discretionary spending within the President's topline of $933 billion.

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