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Eye on the Market, July 25, 2011
Bank. cuts to discretionary and entitlement spending Ihave a feeling that revenue increases will be a material (e.g., 25% or more) part of the deal. The Peterson Foundation’s sampling of 6 policy groups shown below indicate that 5 of 6 recommend revenue increases compared to where we are today; the Heritage Foundation’s “W
Page: HOUSE_OVERSIGHT_025216 →macroeconomic problems. This weakens the foundations of the fiscal self-responsibility that EMU is built on”. CBO Congressional Budget Office OMB _ Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund HOUSE_OVERSIG
Page: HOUSE_OVERSIGHT_025219 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
ofits are patiently waiting for both of them to end I have a feeling that revenue increases will be a material (e.g., 25% or more) part of the deal. The Peterson Foundation’s sampling of 6 policy groups shown below indicate that 5 of 6 recommend revenue increases compared to where we are today; the Heritage Foundation’s “W
Page: HOUSE_OVERSIGHT_025222 →'89 '92 '95 '98 ‘01 '04 ‘07 '10 Source: Empirical Research Partners. Michael Cembalest Chief Investment Officer CBO Congressional Budget Office OMB Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund IF Institute
Page: HOUSE_OVERSIGHT_025225 →Eye on the Market, July 25, 2011
a material (e.g., 25% or more) part of the deal. The Peterson Foundation's sampling of 6 policy groups shown below indicate
d macroeconomic problems. This weakens the foundations of the fiscal self-responsibility that EMU is built on". CBO Congressional Budget Office OMB • Office of Management and Budget EFSF European Financial Stability Facility FICA Federal Insurance Contributions Act EU European Union IMF International Monetary Fund HOUSE_OVERSIGHT
Page: HOUSE_OVERSIGHT_031163 →Entities connected to both Office of Management and Budget and The Peterson Foundation

Barack Obama
PERSON
Harry Reid
PERSON
Ronald Reagan
PERSON
Mitch McConnell
PERSON
the Heritage Foundation
ORGANIZATION
JPMorgan Chase
ORGANIZATION
Belgium
LOCATIONJ.P. Morgan Securities LLC
ORGANIZATION
Bernard Connolly
PERSON
Weidmann
PERSONMichael Cembalest
PERSON
Bundesbank
ORGANIZATION
White Castle
ORGANIZATIONthe Gang of Six
ORGANIZATIONHamiltonian Advisors
ORGANIZATIONLiquidity Hospital
ORGANIZATION
Alliance Bernstein
ORGANIZATIONthe Monetary Union
ORGANIZATIONthe German Social Democratic Party
ORGANIZATION
the Institute of International Finance
ORGANIZATION