Archive: April 23, 2010

Old Tricks: The Senate Budget Committee’s Fiscal Plan

By :: April 23rd, 2010

At first glance, the 2011 budget resolution passed along party lines yesterday by the Senate Budget Committee shows signs of fiscal responsibility. Although it would result in a huge budget deficit next year, it promises to pare the deficit from nearly 10 percent of GDP this year to just 3 percent—a sustainable level with expected economic growth—by 2015.

Read More