The First Cut Is the Lamest, Not the Deepest
by: Erica Gordon

In February, President Obama introduced a $3.69 trillion budget for the 2010 fiscal year, a proposal that would, according the Heritage Foundation, increase spending by $1 trillion over the next ten years, lead to a 12 percent increase in discretionary spending, and leave permanent deficits averaging $600 billion even after the economy recovers. In a peace offering to get some political cover for this explosion of spending, President Obama called for his cabinet to make $100 million worth of spending cuts.

Energy Battle Heats Up
by: Tom Schatz

Americans are feeling some relief from the drop in gas prices, which were more than $4.00 per gallon last summer and now hover around $2.25 per gallon. After expectations that winter home heating costs would rise dramatically above the prior year, they rose less than predicted. Some argue there is an ???energy dividend??? that is helping the economy by putting more money into consumers' wallets.