The centrist-leaning Committee for a Responsible Federal Budget has similar concerns.
"At the end of the day, his numbers don't add up," said Marc Goldwein, policy director for the budget watchdog group. "They want to do everything and it's just not realistic."
Closing future deficits with either tax increases or spending cuts would require gigantic changes. Discounting the recession's effect on the deficit, Marc Goldwein of the Committee for a Responsible Federal Budget puts the underlying "structural deficit" -- the basic gap between the government's spending commitments and its tax base -- at 3 to 4 percent of GDP. In today's dollars, that's roughly $400 billion to $600 billion.
Among others seeking to instill a sense of urgency is the Committee for a Responsible Federal Budget, a bipartisan group whose directors include former Office of Management and Budget directors Alice Rivlin, who served during the Clinton administration ...
“The president … understands the critical importance of fiscal discipline,” the group’s policy director, Marc Goldwein, said last week. “Now we need to see some action.”
... using their ... economic assumptions -- which now appear to be out of date and overly optimistic -- the administration never puts us on a stable path," said Marc Goldwein, policy director of the nonpartisan Committee for a Responsible Federal Budget. ...
"Even using their February economic assumptions -- which now appear to be out of date and overly optimistic -- the administration never puts us on a stable path," said Marc Goldwein of the Committee for a Responsible Federal Budget, a bipartisan group ...
...Marc Goldwein, policy director for the Committee for a Responsible Federal Budget, a bi-partisan non-profit, says even in the best of times after the 2006 mid-term elections President Bush only managed to get Congress to cut 40 percent of his suggested programs... Link to audio
"A drop in the bucket," added Marc Goldwein, the policy director at the nonpartisan Committee for a Responsible Federal Budget. Thursday's plan - which called for fewer program cuts and terminations than President George W. Bush sought a year ago - was ...
Washington, D.C. -- Today, the Obama administration released the "Terminations, Reductions and Savings" part of its FY2010 budget.
This release shows that the President intends to cut or reduce 121 programs for a total savings of around $17 billion in FY2010.
The
Committee for a Responsible Federal Budget (CRFB) welcomes the
President's effort to find savings and improve the efficiency of
government, and encourages President Obama to go further in addressing
long-term spending growth.
The Committee for a Responsible Federal Budget's Marc Goldwein takes your questions about the proposed federal budget cuts announced earlier today...Original article
“The administration is unlikely to get even the majority of the cuts it’s asking for,” said Marc Goldwein, policy director of the bipartisan Committee for a Responsible Budget, a Washington-based research group. “More serious efforts at deficit reduction are going to require entitlement and tax reform -- that’s where most of the money is.” Original article
