President Obama announced his $3.8 trillion FY 2011 budget on Monday -- a plan that includes $282 billion to "temporary recovery measures" and would lead to an annual deficit of $1.3 trillion. Is this much-needed stimulus, the beginnings of fiscal responsibility, or a budgetary train wreck? Could it be a bit of all three?
Marc Goldwein, policy director for the Committee for a Responsible Federal Budget, will be discussing these and other questions in this week's New America / Politico web chat.
This web chat has concluded; a full transcript is available below.
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President Obama announced his $3.8 trillion FY 2011 budget on Monday -- a plan that includes $282 billion to "temporary recovery measures" and would lead to an annual deficit of $1.3 trillion. Is this much-needed stimulus, the beginnings of fiscal responsibility, or a budgetary train wreck? Could it be a bit of all three?
Join the Conversation
Please log in below through Disqus, Twitter or Facebook to participate in the conversation. Your email address, which is required for a Disqus account, will not be publicly displayed. If you sign in with Twitter or Facebook, you have the option of publishing your comments in those streams as well.