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Eye on the Market, July 25, 2011
ger, but I had one of those moments the other night when watching news reports on debt ceiling discussions. Media outlets have referred to President Reagan’s scolding of Congressional Republicans for delaying debt ceiling increases, and the 18 increases that took place during his Presidency. The implicat
Page: HOUSE_OVERSIGHT_025215 →ling discussions. Media outlets have referred to President Reagan’s scolding of Congressional Republicans for delay
Page: HOUSE_OVERSIGHT_025215 →e caveat that many plans are not crystal clear what baseline they are using, or what steps they recommend to get to that baseline first. For example: the Gang of Six state that they used the President’s budget as a baseline (scored by CBO in March 2011), reduced deficits by $3.7 trillion, and ended up with a 71% d
Page: HOUSE_OVERSIGHT_025215 →1962 1968 1974 1980 1986 1992 1998 2004 2010 Debt limit to gov. receipts nd Source: OMB, BEA, J.P. Morgan Private Bank Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lowered. By the end of the process, we’re stil
Page: HOUSE_OVERSIGHT_025215 →Microsoft Word - 07-25-11 - EOTM - White Castle.docx
rger, but I had one of those moments the other night when watching news reports on debt ceiling discussions. Media outlets have referred to President Reagan’s scolding of Congressional Republicans for delaying debt ceiling increases, and the 18 increases that took place during his Presidency. The implicat
Page: HOUSE_OVERSIGHT_025221 →iling discussions. Media outlets have referred to President Reagan’s scolding of Congressional Republicans for delay
Page: HOUSE_OVERSIGHT_025221 →pact 31 million filers in 2012 (and raise $132 billion in revenue), compared to 4 million filers in 2011 (and $39 billion in revenue). * For example: the Gang of Six state that they used the President’s budget as a baseline (scored by CBO in March 201 1), reduced deficits by $3.7 trillion, and ended up with a 71%
Page: HOUSE_OVERSIGHT_025221 →pts 30% —> 2x 20% 1x 1950 1956 1962 1968 1974 1980 1986 1992 1998 2004 2010 Source: OMB, BEA, J.P. Morgan Private Bank. Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lowered. By the end of the process, we’re stil
Page: HOUSE_OVERSIGHT_025221 →Eye on the Market, July 25, 2011
rger, but I had one of those moments the other night when watching news reports on debt ceiling discussions. Media outlets have referred to President Reagan's scolding of Congressional Republicans for delaying debt ceiling increases, and the 18 increases that took place during his Presidency. The implicat
Page: HOUSE_OVERSIGHT_031159 →iling discussions. Media outlets have referred to President Reagan's scolding of Congressional Republicans for delay
Page: HOUSE_OVERSIGHT_031159 →e caveat that many plans are not crystal clear what baseline they are using, or what steps they recommend to get to that baseline first. For example: the Gang of Six state that they used the President's budget as a baseline (scored by CBO in March 2011), reduced deficits by $3.7 trillion, and ended up with a 71% d
Page: HOUSE_OVERSIGHT_031159 →islation is a rocky but healthy way for a democracy to decide whether mega-deficits are in the long-term public interest. Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lowered. By the end of the process, we're stil
Page: HOUSE_OVERSIGHT_031159 →about recovery, President Obama was neck and neck with Mitt Romney on his handling of the economy, the No. 1 issue in voters' minds. Back in 1980 Ronald Reagan asked Americans the question that ensured Jimmy Carter was a one-term president: "Are you better off than you were four years ago?" Asked the same
Ronald Reagan was reelected in a landslide victory over Walter Mondale, taking forty-nine states and fifty-nine per cent of the popular vote. The Reagan revolution was powerfully reaffirmed. Soon after, Donald Regan, the new chief of staff, sent word to a small group of trusted friends and Administr
modest tax hikes, entitlement reforms, and spending cuts. A fourth group, consisting of three Republicans and three Democrats in the Senate, dubbed the Gang of Six, ended up torpedoing the Obama-Boehner negotiations when it came to light that they were negotiating a plan to raise far more revenue than the dea
Entities connected to both Ronald Reagan and the Gang of Six

Barack Obama
PERSON
Harry Reid
PERSON
Mitch McConnell
PERSON
Eleanor Roosevelt
PERSON
JPMorgan Chase
ORGANIZATION
Belgium
LOCATION
European Union
ORGANIZATION
Boehner
PERSON
Office of Management and Budget
ORGANIZATIONthe European Central Bank
ORGANIZATION
Eurozone
ORGANIZATIONMichael Cembalest
PERSON
Bundesbank
ORGANIZATION
the Heritage Foundation
ORGANIZATIONJ.P. Morgan Securities LLC
ORGANIZATION
the Institute of International Finance
ORGANIZATIONThe Peterson Foundation
ORGANIZATION
Bernard Connolly
PERSON
White Castle
ORGANIZATIONthe Monetary Union
ORGANIZATION