OMB Watch

On June 12, House Speaker Nancy Pelosi (D-CA) said it was possible that the jobless benefits, the veterans education benefits and a second stimulus package would not be offset, or even should be, given economic conditions. Said Maya MacGuineas, president of the Committee for a Responsible Federal Budget (CRFB): "While it made sense to pass the first stimulus bill without worrying about how to pay for it, the economy has now become a tired excuse for fiscally irresponsible policies.