Something to think about over the next few days of budget kabuki

TB — 9/30/2013 5:12:26 PM (archived)

The actual debt situation.

Click through for the full CBO report. The curves shown are the result of baseline policy, not the more likely alternative policies discussed in the extended report, where the curves are much worse.

Note that tax revenues are currently at record highs.

The whole thread (27 posts)

Something to think about over the next few days of budget kabuki - TB - 9/30/2013 5:12:26 PM
- Any thoughts on the market jump after the "shut down"? - FrankC - 10/1/2013 6:20:55 PM
  - Buy (or in this case, sell) on the rumor; sell (or in this case buy) on the news. - alcaray - 10/1/2013 10:39:52 PM
  - The stock market has been nuts for quite a while now. - TB - 10/1/2013 7:19:33 PM
- Kabuki! I wonder how you would have termed it had it been Democrats vs. Bush. - alcaray - 9/30/2013 10:52:13 PM
- revenues are high, and discretionary spending is down, by your links. - ER - 9/30/2013 6:03:04 PM
  - Hardly that simple - SteveS - 9/30/2013 7:15:05 PM
    - " last time the Senate produced a budget " - March 12th, 2013 - Tony - 10/1/2013 7:21:15 PM
      - The narrative is still proverbial - SteveS - 10/3/2013 1:20:54 PM
    - What majority? The GOP lost two elections and only hold the House. - ER - 9/30/2013 7:25:15 PM
      - Never said the GOP had the majority - SteveS - 9/30/2013 7:45:19 PM
        
        If what you want is spending cuts... - ER - 9/30/2013 8:41:47 PM
        
        Re: If what you want is spending cuts... - TB - 9/30/2013 8:59:49 PM
        
        You don't negotiate with terrorists. - ER - 9/30/2013 9:20:19 PM
        
        Then why is Obama trying to negotiate with the president of Iran? - SteveS - 9/30/2013 10:54:10 PM
        
        Obama never alienated me, - ER - 10/1/2013 12:41:55 AM
        
        There aren't any, are there? Never have been. - TB - 9/30/2013 10:12:19 PM
        
        That is Democratic policy. - ER - 10/1/2013 12:44:28 AM
        
        "We won, so shut up." - TB - 10/1/2013 2:35:31 AM
        
        Bush LOST the popular vote in 2000 - ER - 10/1/2013 2:53:05 AM
        
        "Graciously conceding." Is that how you remember it? - TB - 10/1/2013 3:02:03 AM
        
        "It's (near) midnight on the East Coast... - ER - 10/1/2013 3:07:50 AM
        
        Eastern Zone weenies. - TB - 10/1/2013 3:13:52 AM
  - The GOP is attempting to slow down or stop another massive entitlement. - TB - 9/30/2013 7:02:14 PM
    - The GOP is attempting to stay relevant. - ER - 9/30/2013 7:18:47 PM
      - Great. You've got yours. - TB - 9/30/2013 7:32:59 PM
        
        You need to take responsibility for your decisions. - ER - 9/30/2013 8:38:13 PM

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