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Posted by Stan Collender

Here's my latest "Fiscal Fitness" column from  Roll Call.


President Bush’s Budget Legacy
Already Set in Stone
Roll Call
January 22, 2008

Although it certainly wasn’t meant to be funny, I couldn’t help but laugh when I read the Jan. 14 Roll Call story “Bush May Target Earmarks.”

Posted by Stan Collender

I took the red eye back to DC from California Thursday night/Friday morning and went directly top a three-hour meeting in an hermetically sealed room.

Posted by Stan Collender

It looks like House Banking Committee Chairman Barney Frank (D-MA) and House Education and Labor Committee Chairman George Miller (D-CA) are going to be the designated leaders for a stimulus bill in the House.  Sen. Chris Dodd (D-CT) may play the same role in the Senate.

Note who has not been designated: House Budget Committee Chairman John Spratt (D-SC) and Senate Budget Committee Chairman Kent Conrad (D-ND).

Fiscal Fitness

15 Jan 2008
Posted by Stan Collender

In case you missed the announcement, I'm no longer writing a column for Starting today, I'm writing a new column for Roll Call, called "Fiscal Fitness" every Tuesday.

Here's the first one.

Posted by Stan Collender
What do these three things have in common?
Posted by Stan Collender

I know I'm beating a dead horse, but it's hard not to be impressed (or depressed, depending on your point of view) by the way earmarks and spending reductions are discussed in local communities.

Whenever the subject changes from the generic "earmarks" and the "need to reduce federal spending" to the specific dollars the locality either wants, likes, was expecting, is getting, etc., the discussion changes from how bad earmrks and overspending is to how wonderful the money is coming our way or how the decision will hurt this area.

Posted by Stan Collender

My Beautful and Talented Wife (The BTW) is one of the least political people you've ever met. She is also one of the best professional actors you'll ever have the privlege of seeing perform.

This is important because the conversation at dinner last night inevitably turned to the prime topic of the week: Was Hillary Clinton really shedding a tear or was she simply performing for political benefit?

Posted by Stan Collender

At least for now, Brad DeLong agrees with Alex Tabarrok that a fiscal stimulus package is not the right way to go.

Then again, neither Brad nor Alex are running for reelection.

Posted by Stan Collender
Alex Tabarrok at Marginal Revolution s the first economist I've seen willing to say that a fiscal stimulus bill isn't worth the effort.
Posted by Stan Collender

A tax lobbyist friend told me yesterday that he's gone into the economic stimulus business.

In response to my inquiring look that begged for more information, he said that I'd be surprised how many industries and professions have tax reductions that they want in any economic stimulus package that is considered this year and are looking to him to come up with arguments that confirm they will, indeed, be stimulative.

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