[lbo-talk] can't wait to balance that budget

Shane Taylor shane.taylor at verizon.net
Wed Jan 7 15:11:06 PST 2009


The Note via Doug Henwood:


> During the meeting they will review the medium-term budget
> outlook and discuss their commitment to crafting a budget
> for 2010 that puts us on a path to bring down the deficit
> as the economy recovers. President-elect Obama and Vice
> President-elect Biden plan to work with their economic
> team to identify budget reforms necessary to restore
> fiscal discipline, take on major fiscal challenges like
> reigning in health care costs, and scour the budget line
> by line, looking for waste and inefficiencies to eliminate.

Recovery, reinvestment, and budget reform. Is there even talk of finance reform? Or is the cycle of bubble/bust/bailout now post-partisan?

Shane



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