BudgetBlogging on TPM Cafe

Check out Dana's latest post on TPM Cafe- The Budget Resolutions: Whose Largest Tax Increase in History? By the time Congress left town for Easter recess last week, both the House and the Senate had adopted Fiscal Year 2008 federal budget resolutions. The two resolutions were remarkably similar and, in fact, closely tracked the budget proposed by President Bush in early February. All three budgets called for about $2.9 trillion in spending next year. They all claimed to produce surpluses by the year 2012. The spending increases they proposed in the next fiscal year were all within four percent of each other in real terms. And none called for tax increases.
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