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Published on Facing Up (http://www.facingup.org)

What's in reserve?

By ScottBittle
Created Mar 27 2007 - 3:45pm

The Los Angeles Times writes about the new budget buzzword in D.C.: "reserve funds." [1] The Democrats say they're able to add new spending (within the pay-go rules) because they can tap these funds; the Republicans say the funds aren't actually there. The story, unfortunately, doesn't do a good job of defining what a reserve fund is and where it might be. The Washington Budget Report takes a stab at it [2], however.



Source URL:
http://www.facingup.org/blog/scottbittle/2007/03/whats-reserve