National Review, November 21st, 1994
Office of Management and Budget director Alice Rivlin's memo about balancing the federal budget could be politically costly to the Democrats. Rivlin proposed $775 billion in increased taxes and $725 billion in savings from entitlement cuts. THERE must in something about the air in Room 245 of the Old Executive Office Building, where successive directors of the Office of Management and Budget have dwelt in splendid isolation, genuflecting at the altar of the balanced budget and obsessing over the current deficit, completely divorced from political and economic reality. Most recently Alice Riv...
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