Educated Opinions on the Budget

Recently there have been some interesting op-eds on budget business in the Washington Post. Former CBO head Douglas Holtz-Eakin submitted an op-ed February 5 in which he discussed how increasingly booming entitlement programs need a "fundamental rethinking" that will dictate both the size of government as well as levels of taxation. E.J. Dionne, Jr. discusses in a February 7 column how "tax cutting is now the idol of the Republican shrine," and points out that sane budgeting will never happen unless deficit hawks work to turn popular opinion against this worship of tax cutting. Finally, Robert Samuelson, in a column today, takes a realistic look at receipts and outlays, and the choices that need to be made if we are ever going to achieve a balanced budget. Holtz-Eakin: Out on a Limb: Look Here Comes Yet Another Unrealistic Budget Dionne, Jr.: Tax Cut Lunancy Samuelson: Getting Past Budget Blab
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