Word: budgetable
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...billion a year, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion a year in much needed revenue, offsetting some of the billions of dollars in service cuts and spending reductions outlined in the recently approved state budget...
...Another unexcitable voice, from the laconic flatlands of North Dakota - Senator Kent Conrad - warned on March 10 that Obama's $3.6 trillion budget is already in trouble on Capitol Hill. Democrats may be in power, but they aren't all in agreement with Obama's do-it-all-now approach to solving the nation's most persistent problems. "Anybody who thinks it will be easy to get the votes on the budget in the conditions that we face is smoking something," Conrad declared...
...Confidence Game As director of the Office of Management and Budget, Peter Orszag is a card-carrying numbers guy. But lately Orszag has been reading up on that aspect of the economy ungoverned by numbers: the realm of groundswell and mojo - our "animal spirits," in the vivid words of economist John Maynard Keynes. Spirits such as trust, belief and confidence. When surging, these spirits can turn a slump into a boom and a boom into a bubble, but once they shatter, it's a devilish job trying to resurrect them. That's because other animal spirits rise up to take...
...antidote to the flightiness and indiscipline endemic to both Washington and Wall Street. Fixing one problem at a time may strike Obama as mere gum-chewing. But in modern-day Washington, one is a very high number. The reason so many people were left slack-jawed by the Obama budget was not that they disagreed with his premise that health-care costs are out of control or that energy independence is desirable or that better schools are important to the future of the economy. It was the real-world knowledge that financial calamity has not magically transformed our slow-moving...
...Long Will Americans Wait? Americans under stress are more receptive to the robust government that Democrats offer. So Obama believes conditions are ripe for his party's answers to problems that are far beyond the present storm. Inside the Administration, Obama's audacious budget sketch is seen as an intricate web of reinforcing reforms, an exquisite piece of re-engineering in which stimulus creates jobs, jobs generate revenues, revenues fund an efficient health-care system, which in turn tames the deficit. What critics consider a massive intervention to impose a price on carbon emissions is, to the White House...