HOUSE_OVERSIGHT_023483.jpg
2.27 MB
Extraction Summary
4
People
6
Organizations
1
Locations
1
Events
1
Relationships
2
Quotes
Document Information
Type:
News article / press clipping (investigative file)
File Size:
2.27 MB
Summary
This document is a photocopy of a New York Times article by Richard W. Stevenson dated April 16, 2011, titled 'The Budget Debate, Revealed.' It discusses the ideological clash regarding the US federal budget, deficits, and the role of government, referencing historical comparisons to Reagan and FDR. The document bears a Bates stamp 'HOUSE_OVERSIGHT_023483', indicating it is part of a larger production of documents by the House Oversight Committee, likely found within a file related to the investigation (potentially part of a 'news pack' or reading material found in the subject's possession).
People (4)
| Name | Role | Context |
|---|---|---|
| Richard W. Stevenson | Author |
Author of the NYT article
|
| G. William Hoagland | Source |
Quoted in article; former Republican staff director of the Senate Budget Committee
|
| Ronald Reagan | Historical Figure |
Referenced regarding historical government reassessment
|
| F.D.R. | Historical Figure |
Franklin D. Roosevelt; Referenced regarding historical government reassessment
|
Organizations (6)
| Name | Type | Context |
|---|---|---|
| NYT |
New York Times (Publication Source)
|
|
| Senate Budget Committee |
Former employer of G. William Hoagland
|
|
| Democratic Party |
Mentioned in political context
|
|
| Republican Party |
Mentioned in political context
|
|
| Congress |
Legislative body mentioned
|
|
| House Oversight Committee |
Source of the document production (inferred from footer stamp)
|
Timeline (1 events)
Locations (1)
| Location | Context |
|---|---|
|
Washington D.C., mentioned in opening sentence
|
Relationships (1)
identified as a former Republican staff director of the Senate Budget Committee
Full Extracted Text
Complete text extracted from the document (1,722 characters)
26
Article 4.
NYT
The Budget Debate, Revealed
Richard W. Stevenson
NYT
The Budget Debate, Revealed
Richard W. Stevenson
April 16, 2011 — The air in the capital these days is thick with
references to trillion-dollar deficits, debt-to-G.D.P. ratios and
mandatory spending. But the budget debate that became fully
engaged last week is about far more than accounting and arcane
policy disputes. What is under way now is the most fundamental
reassessment of the size and role of government — of the balance
between personal responsibility and private markets on the one hand
and public responsibility and social welfare on the other — at least
since Ronald Reagan and perhaps since F.D.R.
The battle ahead “is the big one, and goes to the very major questions
about the role of government,” said G. William Hoagland, a former
Republican staff director of the Senate Budget Committee. “This is
going to be a very fundamental clash of ideologies.”
The Democratic and Republican Parties have their own internal
tensions to address as the debate goes forward in Congress and on the
presidential campaign trail. But in its early stages at least, it is liberals
who are on the defensive.
The aging of the baby boom generation and the costs of maintaining
Medicare and Social Security have put the two pillars of the social
welfare system on the table for re-examination. The growing weight
of the national debt has given urgency to the question of whether the
government has become too big and expensive.
The tepid nature of the current economic recovery, following big
stimulus packages, has provided an opening to challenge the
effectiveness of Keynesianism as the default policy option for
government. And the revived energy of grass-roots conservatives has
references to trillion-dollar deficits, debt-to-G.D.P. ratios and
mandatory spending. But the budget debate that became fully
engaged last week is about far more than accounting and arcane
policy disputes. What is under way now is the most fundamental
reassessment of the size and role of government — of the balance
between personal responsibility and private markets on the one hand
and public responsibility and social welfare on the other — at least
since Ronald Reagan and perhaps since F.D.R.
The battle ahead “is the big one, and goes to the very major questions
about the role of government,” said G. William Hoagland, a former
Republican staff director of the Senate Budget Committee. “This is
going to be a very fundamental clash of ideologies.”
The Democratic and Republican Parties have their own internal
tensions to address as the debate goes forward in Congress and on the
presidential campaign trail. But in its early stages at least, it is liberals
who are on the defensive.
The aging of the baby boom generation and the costs of maintaining
Medicare and Social Security have put the two pillars of the social
welfare system on the table for re-examination. The growing weight
of the national debt has given urgency to the question of whether the
government has become too big and expensive.
The tepid nature of the current economic recovery, following big
stimulus packages, has provided an opening to challenge the
effectiveness of Keynesianism as the default policy option for
government. And the revived energy of grass-roots conservatives has
HOUSE_OVERSIGHT_023483
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