One way to judge the merits of the budget Barack Obama unveiled this week is by the comments of his political allies. "It's not enough to focus primarily on the non-security discretionary part of the budget," said Senate Budget Committee Chairman Kent Conrad.
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Barack Obama, like all American politicians, likes to portray himself as future-oriented and open to technological progress. Yet the vision he set out in his State of the Union address is oddly antique and disturbingly static.
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Is there any chance we can come to grips with our short-term and long-term fiscal problems -- the huge current federal budget deficit and the huge looming increases in entitlement spending? Maybe so. Or at least the chances seem a little better after the release of two sets of proposals in the weeks after the election.
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An article in The Hill Saturday quotes two Republicans members of the White House’s Fiscal Responsibility Commission who say they haven’t ruled out a tax hike to deal with the nation’s unsustainable – and growing – debt.
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