Committee for a Responsible Federal Budget's Annual Dinner in Capital Gains | "The Only Thing Missing Was The Red Carpet"

Communications — Fri, 04 Apr 2008 17:56:00 -0400

New America in the News:

If there is such a thing, much of the fiscal policy world's glitterari were in full display on Wednesday night when the Committee for a Responsible Federal Budget hosted its annual dinner in Washington, D.C. There were current and former OMB, CBO, and GAO directors; the economic advisors to (in alphabetical order) presidential candidates Clinton, McCain, and Obama; current and former House and Senate Budget Committee chairmen; lots of other former and sitting members of Congress; a number of chief economists from federal budget and economic agencies; and congressional staffers galore. . . Maya MacGuineas, the president of the CRFB, and her team are to be congratulated . . . First, it reminded me of something that, I suspect like most people, I have to be continually reminded about: the budget and fiscal policy are political problems and can only be dealt with through political agreements. . .