Real-Life Frank Underwoods - Huffington Post

49 min 48 sec ago

Real-Life Frank Underwoods
Huffington Post
But the greatest deceptions on House of Cards can be found in the misleading arguments, presented as "truth," which suggest that cutting "entitlements" is a necessity and raising taxes isn't even an option. The fact that Netflix has ... Social Security ...

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India's 2015 Budget: Neither 'Big Bang' Nor Bust - The Diplomat

4 hours 5 min ago

The Diplomat

India's 2015 Budget: Neither 'Big Bang' Nor Bust
The Diplomat
The general consensus among most level-headed analysts of the Indian economy is that this budget is a business-friendly approach to government finances that does not entirely leave behind in the dust the many populist programs of the Congress era ...
India FinMin Jaitley Touts Abolishing Wealth TaxForbes
Modi's Budget: Short on VisionNewsweek
India's “growth” budget coddles business while punishing working peopleWorld Socialist Web Site
Wall Street Journal -New York Times -Firstpost
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The GOPs Great Choice for CBO Director - National Review Online

4 hours 59 min ago

The GOPs Great Choice for CBO Director
National Review Online
Last week, congressional Republicans picked Keith Hall, an economist who worked in the Bush and Obama administrations, as the new CBO director to replace outgoing Democratic appointee Doug Elmendorf as of April 1. Under Hall, it is likely that the CBO ...

Growth and Reform Top of Beijing's Agenda - Barron's

9 hours 8 min ago

Barron's

Growth and Reform Top of Beijing's Agenda
Barron's
The government is likely to continue to cut spending on official receptions, government vehicles and overseas trips, but the fiscal deficit will have to widen to support structural reforms in various areas: tax (transferring business tax to VAT ...

A debate on Puerto Rican statehood - The Stanford Daily

11 hours 26 min ago

A debate on Puerto Rican statehood
The Stanford Daily
In 2010, Congress expressed support for the idea of Puerto Rican self-determination by voting for the Puerto Rico Democracy Act. Given the results of the 1967, 1993 and 1998 referendums, people should respect Puerto Rican wishes to be a territory of ...

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Obama Budget Proposal Includes Major Increase in LIHTC Resources - Novogradac Company LLP

Mon, 03/02/2015 - 3:25pm

Obama Budget Proposal Includes Major Increase in LIHTC Resources
Novogradac Company LLP
Obama's proposal included some significant changes from past budgets, including a nearly $4 billion increase in the low-income housing tax credit (LIHTC) program and proposals to make the new markets tax credit (NMTC), renewable energy production tax ...

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New Head of CBO makes Preposterous Claims on Disability - Economic Populist

Mon, 03/02/2015 - 2:15pm

Economic Populist

New Head of CBO makes Preposterous Claims on Disability
Economic Populist
The twin budget offices divvy up the scorekeeping responsibilities, with JCT focused on taxes and CBO handling spending, deficits and economic forecasts. Here are the latest proposals for taxation at the The Joint Committee on Taxation. (And guess who ...

Modi's Budget: Short on Vision - Newsweek

Mon, 03/02/2015 - 1:49pm

Newsweek

Modi's Budget: Short on Vision
Newsweek
The finance minister managed well on the overall economic front with inflation at around 5 percent, manageable though somewhat higher deficits. ... Comment on the budget so far has been bogged down in businessmen's inevitable (given that corporate tax ...
India's Missed OpportunityWall Street Journal
India's New Budget Aims to Boost GrowthNew York Times
Stimulus and reforms don't go together: Jaitley should have kept his fiscal ...Firstpost
Nasdaq -TheNewsTribune.com
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Dynamic scoring is a good idea with big problems - Vox

Mon, 03/02/2015 - 10:20am

Dynamic scoring is a good idea with big problems
Vox
I've spent a fair amount of time over the last few weeks trying to figure out whether it's a good idea for the Congressional Budget Office and the Joint Committee on Taxation to use dynamic scoring. The answer, as best I can tell, is that dynamic ...

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GOP Governors Carry Their States' Fiscal Baggage to CPAC - Governing

Mon, 03/02/2015 - 9:01am

GOP Governors Carry Their States' Fiscal Baggage to CPAC
Governing
Scott Walker also faces a big deficit, which he has tried to close by making cuts to the budget of the state university system, long the state's crown jewel. And Louisiana's Bobby Jindal is ... Analysts say the problem in his case is not so much the ...

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India's Missed Opportunity - Wall Street Journal

Mon, 03/02/2015 - 9:00am

New York Times

India's Missed Opportunity
Wall Street Journal
Going by his government's first full budget, presented to Parliament Saturday by Finance Minister Arun Jaitley, one thing is certain: Those who hoped for a sharp and unapologetic departure from the past were too optimistic. The $288 billion budget is ...
India's New Budget Aims to Boost GrowthNew York Times
India Budget Plan Shuns Major Overhaul -- UpdateNasdaq
India's new budget aims to boost growth and infrastructureThe State

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Why Jeb Bush Won't Follow the Herd on Taxes - The Fiscal Times

Sun, 03/01/2015 - 9:04am

The Fiscal Times

Why Jeb Bush Won't Follow the Herd on Taxes
The Fiscal Times
In 1990 during budget negotiations with the Democratic-controlled Congress to reduce the national deficit, Bush compromised as part of the deal and ultimately broke his tax pledge, which was gleefully exploited by opponents. Bush lost his reelection ...

India Budget Plan Shuns Major Overhaul - Wall Street Journal

Sun, 03/01/2015 - 7:01am

Wall Street Journal

India Budget Plan Shuns Major Overhaul
Wall Street Journal
“After all the hype of a big-bang budget, there was nothing spectacular about it at all,” said Sanjay Jha , a spokesman for the opposition Congress party. “What they've done is what they did last year: tinker incrementally in a number of areas without ...
India Budget Plan Shuns Major RevampNasdaq
Union Budget 2015 reactions: BJP lauds 'historical' Budget, Congress calls it ...Zee News

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President calls shots on budget - My Eastern Shore

Sun, 03/01/2015 - 4:51am

My Eastern Shore

President calls shots on budget
My Eastern Shore
And even when it comes to the roughly 40 percent of the budget that is discretionary spending, Congress never rewrites it wholesale; in general, all but 5 or 10 percent of the White House's spending blueprint will make it through intact. ... The debate ...

Marin Voice: More honesty needed in Congress tax debate - Marin Independent Journal

Sun, 03/01/2015 - 4:08am

Marin Voice: More honesty needed in Congress tax debate
Marin Independent Journal
Thanks to unfunded wars, ill-conceived tax cuts and a global recession, we haven't seen a balanced budget since the Clinton administration. Our national ... The debate defied conventional wisdom: Democrats proposed amendments to offset the deficit ...

Area Votes in Congress - Philly.com

Sun, 03/01/2015 - 4:06am

Area Votes in Congress
Philly.com
Voting 401-20, the House on Wednesday passed a bill (HR 529) to expand the types of tax-free expenditures that can be made from earnings in so-called Section 529 higher- education savings plans. The bill is projected to increase annual deficits by $51 ...

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Minnesota congressional delegation slow to propose ways to pay for repeal of ... - Minneapolis Star Tribune

Sat, 02/28/2015 - 4:05pm

Minneapolis Star Tribune

Minnesota congressional delegation slow to propose ways to pay for repeal of ...
Minneapolis Star Tribune
WASHINGTON – Ask Marc Goldwein at the Center for a Responsible Federal Budget how to pay for repeal of the medical device tax and he reels off a dozen precise solutions. Ask the same question of members of the Minnesota congressional delegation who are ...

Chicago Nears Fiscal Freefall - PJ Media

Sat, 02/28/2015 - 3:47pm

Chicago Nears Fiscal Freefall
PJ Media
The city has a $300 million structural deficit in its $3.53 billion operating budget and is required by an Illinois law to boost the 2016 contribution to its police and fire pension funds by $550 million. Cost-saving reforms for the city's other two ...

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Deficits at home are hurdle for GOP governors eyeing White House run - Los Angeles Times

Sat, 02/28/2015 - 1:27pm

Los Angeles Times

Deficits at home are hurdle for GOP governors eyeing White House run
Los Angeles Times
Scott Walker also faces a big deficit, which he has tried to close by cuts to the budget of the state university system, long the state's crown jewel. And Louisiana's Bobby Jindal is ... Analysts say the culprit in his case is not so much the governor ...

and more »

One-week extension of Homeland Security funding approved - Enterprise News

Sat, 02/28/2015 - 9:08am

Sacramento Bee

One-week extension of Homeland Security funding approved
Enterprise News
Two months into the new Congress, the severe limits to their powers are confronting both Boehner and McConnell as they aim to chart a course for the final two years of Obama's presidency. That path could help lead their party back into the White House ...
Homeland Security funding fight shows limits on GOP powerKTUL

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