Getting economists to agree with each other isn't easy. But Congress and the White House have managed to unite them.
More than 95 percent of top U.S. economists believe growth is "likely to be negatively affected" by the automatic federal spending cuts that are scheduled to kick in Friday, according to the latest survey by the National Association for Business Economics.
Originally published on Wed February 27, 2013 12:28 pm
By S.V. Dáte
If it seems odd that so many members of Congress have such trouble coming up with specific things to cut from the budget (apart from the usual favorites, "waste" and "fraud), perhaps they're simply taking their cues from their bosses, their constituents.
The Pew Research Center studied this in a recent poll, and found that of 19 different budget categories, there is majority support for cutting spending in exactly none of them.
This is TELL ME MORE from NPR News. I'm Michel Martin. Coming up, it's been 100 years since thousands of women marched on Washington to demand the right to vote. We are heading into the Beauty Shop - that's our diverse panel of women commentators - to look back at that moment in history and talk about where the women's movement stands today.
Has anyone figured out how the sequester would affect ScuttleButton?
I didn't think so.
ScuttleButton, of course, is that once-a-week waste of time exercise in which each Monday or Tuesday (or, as they call today, "Wednesday") I put up a vertical display of buttons on this site. Your job is to simply take one word (or concept) per button, add 'em up, and, hopefully, you will arrive at a famous name or a familiar expression. (And seriously, by familiar, I mean it's something that more than one person on Earth would recognize.)
As a public service to our readers this week we've been offering a list of three stories each day that we think illuminate the looming sequester (or at least the debate over it), set to be triggered by the passing of Friday's deadline.
Former Illinois legislator Robin Kelly has captured the Democratic nomination in the race to replace disgraced former Congressman Jesse Jackson Jr. She is all but assured a win in April's general election because the Chicago-area district is overwhelmingly Democratic.
Once again, race is front and center at the U.S. Supreme Court on Wednesday. And once again, the bull's eye is the 1965 Voting Rights Act, widely viewed as the most effective and successful civil rights legislation in American history. Upheld five times by the court, the law now appears to be on life support.