Committee for a Responsible Federal Budget

Weekend Editorial Roundup

Dec 7, 2009 | Economics| Budget Process

Here are the highlights from this weekend’s editorials on fiscal and budget policy:

  • The New York Times applauded a CBO estimate that under the health care reform bill most Americans’ premiums would not increase. The Times also calls into question an insurance industry study claiming the opposite, that reform would cause premiums to rise.
  • The Washington Post called regulation at the Federal Housing Authority long overdue. The new rules would impose stricter standards for both lenders and borrowers.
  • The Wall Street Journal says claims that health care reform will bring down costs for employers are unsubstantiated. Business groups, including the Business Roundtable, should join the effort to stop the health care reform bill.
  • Noting Friday’s somewhat encouraging unemployment report, The Washington Post says more stimulus targeted at the labor market might still be needed. But The Post also notes that much of the economic recovery will have to come from the private sector.

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