Opinion Columns & Blogs

August 9, 2013 12:00 AM

Caliine Baum: Deficit only looks good because it was so bad

The U.S. budget deficit is plummeting. The Treasury plans to start cutting back on its debt issuance. The deficit scolds have gone underground. Austerity is yesterday’s obsession. The president is exploiting the improved fiscal outlook to push for new spending.

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