Government spending: one budget battle averted, but others lie ahead

Article Abstract:

Pres Clinton is threatening to continue to veto Congressional 1995 appropriation bills, as the federal government began its 1996 FY on Oct 1, 1995 on a last-minute continuing resolution at '95 levels. The next deadline occurs Nov 15, '95, when the national debt ceiling expires.

Political aspects, National debt, Public debts, Deficit financing, Deficit spending

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The many failings of the Clinton budget

Article Abstract:

US Chamber of Commerce economist Martin Regalia criticized the budget Pres Clinton proposed for 1997-98 as inadequate in the long term in testimony before the House Ways and Means Committee. Regalia recommended tax and budget reforms to improve productivity and economic growth.

Beliefs, opinions and attitudes, Regalia, Martin

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When less spending is really more

Article Abstract:

Pres Clinton's new budget will not adequately reduce the deficit, and will increase spending when adjusted with inflation. The Congressional Budget Office foresees the deficit being $63 billion short of its goals in 1998. Increased interest rates will also increase spending.

Forecasts and trends, Budget deficits

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