BUSINESS: Business Day Live | March 23, 2012

Fri, 03/23/2012 - 11:38 EDT - NY Times

Edward Wyatt reports on the JOBS Act; columnist James. B. Stewart looks at Representative Paul Ryan's tax cut plan; and American energy production is on the rise.

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Paul Ryan's budget proposal does not balance the budget
When Rep. Paul Ryan sent his alternative budget proposal to the Congressional Budget Office to be scored, there was a bit of a caveat: The CBO doesn't estimate revenues. That's the job of the Joint Committee on Taxation (yes, Washington is weird). So the CBO and Ryan's staff agreed to assume that under Ryan's plan, tax revenues remained at about 19 percent of GDP.
John Cassidy: Paul Ryan in Wonderland
John Cassidy:
Ryan says fiscal deal possible despite likely rejection of GOP budget blueprint
Greg Ip on Paul Ryan’s “Fiscy”
Excellent post from Greg Ip on the strange notion of giving Representative Paul Ryan an award for commitment to deficit reduction:
The Conventional Wisdom of Tax Reform
By James Kwak
Obama Proposes Massive Tax Hikes, Still Comes Up With $1.33 Trillion Deficit; Obama's "Race to the Bottom" Education Proposal; Dysfunctional Congress
President Obama made a pledge to cut the deficit in half by the end of his first term. Instead it exceeded a trillion dollars for four straight years. Indeed, the president could not even make a pledge made in September to reduce the deficit to $956 billion. Finally, just to keep the deficit at $1.33 Trillion, look at the tax hikes Obama proposes.
BUSINESS: Business Day Live | March 30, 2012
Starbucks struggles to make headway in Europe; a look at mobile mapping software; James B. Stewart on the Supreme Court and the health care bill.
BUSINESS: Business Day Live | March 9, 2012
What new hiring means for the United States economy; keeping economic data secret before it is made public; and James B. Stewart on why Americans hate bailouts, even when they work.
BUSINESS: Business Day Live | March 2, 2012
An interview with the chief executive of Yelp as the company goes public; James B. Stewart on the inside story behind NBC's 'The Voice'; Examining pay at banks.
New Report Shatters the Myth of Energy Scarcity and Highlights America's Vast Energy Resources
Here are some excerpts from a new energy study titled "North American Energy Inventory" from The Institute for Energy Research:

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BUSINESS: Business Day Live | March 23, 2012

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