public policy

Watch for Budget Battles to Resume

Remember the great kerfuffle over the “fiscal cliff” a few years back?  It’s been pretty quiet on the federal budget front since then, partly due to generally favorable trends. From 2011 to 2014 federal red ink shrank from $1.37 trillion to $513 billion. That still may sound like a big gap, but it’s just 3% of U.S.

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