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"Staying on course" makes the point that "it's hard to weather a slowdown without a sound budget to steer by".
The monitors have been withdrawn.See article: Zimbabweans are heroically trying to shake off their awful presidentSouth Africa unveiled a sound budget, including tax cuts for the poor.
Others among them my colleague respond that Spain's seemingly sound budget relied on unsustainable capital inflows and was therefore recklessly loose.
"I think we passed a sound budget," he said on Wednesday, "but I don't think that we left ourselves enough room".
Sound budget policy would use it to pay off debt or create a "rainy day" fund to offset the revenue loss from a future slide on Wall Street or an economic downturn.
In the real world, members of Congress who care about sound budget policy should at least resist passing more tax cuts this year, or accelerating the timetable for future tax reductions.
Similar(37)
The fund is buttoned-up, hierarchical and preoccupied with hard money and sound budgets.
"I see no dichotomy between sound budgeting and growth," she said.
Institutional improvements in Europe have increased the likelihood of sound budgets in future years.
It wasn't an event organised by some earnest grown-up intent on teaching the virtues of sound budgeting.
Anyone who cares about sound budgeting and about the health of America's rivers and wetlands should wish them well.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com