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Q & A: Examining the President’s Budget Proposal for Fiscal Year With Jim Horney

February 17, 2011

Jim Horney, the Center’s Vice President for federal fiscal policy, discusses the President’s budget proposal.

Robert Greenstein Statement on the President's Budget Proposal

February 14, 2011

We just released a statement from Robert Greenstein on the President's budget proposal:

The Obama Budget and the Deficit

February 14, 2011

We’re looking at the President’s budget and will post our thoughts later today, but it’s worth noting that, under his budget, the deficit would shrink very significantly as a share of the economy over the course of this decade.

In Case You Missed It...

February 12, 2011

This week on Off the Charts, we blogged about the federal budget, state budgets, the economy, and health care.

Van de Water Testifies: Health Reform Will Strengthen Nation’s Economy

February 9, 2011

Paul Van de Water testified today before the House Committee on Education and the Workforce to discuss the impact of health reform (i.e., the Affordable Care Act) on jobs, the economy, and the workforce. Van de Water said the Affordable Care Act (ACA) “will significantly strengthen our nation’s economy over the long haul, although initially its effects will be modest.” Here are a few other important takeaways from his testimony:

Iris Lav Testifies on State Budgets, Debt, and Practical Solutions

February 9, 2011

Senior Analyst Iris Lav testified today before a House Oversight subcommittee on the large budget gaps that states face, misconceptions about long-term issues like pensions and debt, and what states should do to address their various financial challenges.

Q & A: Troubling Trends in Governors’ Budget Proposals

February 8, 2011

Erica Williams, policy analyst with the Center’s State Fiscal Project, discusses troubling trends she’s seeing with governors’ new budget proposals:

States Cutting Jobs, Hurting Economic Recovery

February 7, 2011

Cuts in services at the state and local level continue to act as a drag on economic growth, and will continue to do so in the coming year - unless there is a significant course correction by policymakers.

In Case You Missed It...

February 5, 2011

This week on Off the Charts, we focused on the federal budget, the economy, health care, state budgets, and taxes.

States Need to Get Better Prepared for the Next Rainy Day

February 3, 2011

Storms can show you how strong the roof of your house is. A fiscal storm – like the one states have just experienced -- can serve a similar purpose.

The stormy economy of the last decade has both highlighted the importance of state “rainy day funds” – budget reserves to protect states from the effects of unexpected revenue declines or spending increases – and revealed some of their flaws as we explain in our new report, "Why and How States Should Strengthen Their Rainy Day Funds."