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Budget Poses Test for New GOP Majorities

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Wall Street Journal: “Republicans, in full control of Congress for the first time since 2006, roundly panned President Obama ’s $4 trillion budget proposal last week for going heavy on tax increases and light on efforts to trim the deficit. But while Republicans’ top budget-writers have committed to eliminating the annual federal budget deficit over 10 years, doing so is expected to require deep cuts in entitlement programs, particularly if tax increases are off the table.”

“That means the GOP will face a challenge negotiating a budget conservative enough to pass the House without proposing politically unpopular cuts that could cause heartburn for Senate Republicans, whose states often represent a broader political spectrum. Democrats in either chamber are unlikely to provide many, if any, votes for a budget used to map out GOP goals.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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