The federal budget all but disappeared in early February, just after President Obama sent his plan for fiscal 2011 to Capitol Hill. In the more than six weeks since that budget was released, we’ve barely heard a word about what the administration proposed.
My column from today's Fiscal Times explains why and how the federal budget is about to reemerge as an issue
The Federal Budget and Deficit Will Soon Return to the Headlines
I used my first column for The Fiscal Times to take on all those who insist that the only way to deal with the federal deficit is by cutting spending. Contrary to those who repeat the "it's a spending problem" mantra, spending definitely is not the only issue and spending cuts are not the only possible response.
First, full disclosure: I write for The Fiscal Times' blog, "The Capital Exchange." Another CG&G person -- Ed Andrews -- will be providing full stories.
Second, The Fiscal Times, a website (it calls itself a "digital news, opinion and media service") devoted to all things fiscal launched this week.
Brad DeLong has a howling rant against the Fiscal Times this morning, apparently because he's outraged that the Washington Post's ombudsman opined on Sunday that it was ok for the Post to run occasional stories on fiscal policy from the FT.
Full disclosure: I have a vested interest here, because I have signed on as a paid contributor to the Fiscal Times and will writing on a semi-regular basis for it in the months ahead.