Recap: The U.S. Government: An insurance conglomerate protected by a large, standing army; it's as if the Fiscal Commission never happened; and the Defense Department won the budget.
1) More on the Defense budget.
2) Why are Pell Grants getting cut?
3) Noam Scheiber's profile of Tim Geithner.
4) "The same way a spork makes an incomplete fork and an ineffectual spoon, this compromise budget provides for both incomplete investment and ineffectual deficit reduction."
5) "If I were the president, my line would be closer to the reverse: I don’t want to cut Social Security benefits for anyone, but if the Republicans want to tempt me into a compromise they’re going to need to make sure that their own core constituency — people born before 1955 or so — pay a fair share of the price."
Recipe of the day: Last-minute Valentine's Day menus.
| February 14, 2011; 5:48 PM ET
Save & Share: Previous: Is the administration being too optimistic, cont'd
Next: Wonkbook: Washington reacts to the budget
Posted by: Patrick_M | February 14, 2011 7:27 PM | Report abuse
Posted by: johnmarshall5446 | February 14, 2011 8:03 PM | Report abuse
Posted by: krazen1211 | February 14, 2011 9:14 PM | Report abuse
Posted by: charri68 | February 14, 2011 9:21 PM | Report abuse
Posted by: lauren2010 | February 14, 2011 9:36 PM | Report abuse