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BPC in the News: The Best of this Week's Press, February 1 - February 8


In case you missed it, here’s what they’ve been saying about BPC this week

By Abbey Brandon

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The New York Times

Editorial Board

“The Bipartisan Policy Center, a respected independent group, said at least a million jobs will be lost this year and next because of the slowdown caused by withdrawing so much money from the economy.”


 


David Wessel in The Wall Street Journal

“President Barack Obama is expected to sign in the next few days a bill that temporarily suspends the ceiling on federal debt so the U.S. Treasury can keep borrowing. When the ceiling is re-imposed on May 19, according to estimates by the Bipartisan Policy Center, the federal debt will be about $450 billion higher than the old $16.4 trillion ceiling.”


 


Steve Bell on Fox Business

“There is not much good news in this CBO report, if you look at it objectively.”


 


Op-ed by Aaron Klein in Yahoo! Finance

The news that the U.S. economy contracted in the fourth quarter of last year came as quite a shock. Not a single one of the 24 economists surveyed by Dow Jones to develop the “consensus estimate” predicted an economic contraction. The Federal Reserve’s January Beige Book, which collected data through the end of the year from twelve different regions of the country, characterized, “the pace of [economic] growth as either modest or moderate.”


Marilyn Geewax in NPR

“The Bipartisan Policy Center, a think tank in Washington, said that if the housing sector were to rebound to its historical average of growth, the economy would generate 2.9 million direct jobs for architects, roofers, electricians, real estate agents and others.”


Darius Dixon for POLITICO Pro

“Congress should grant FERC enhanced power to approve interstate transmission lines over states’ objections, the Bipartisan Policy Center says in a new policy framework aimed at improving the reliability of the nation’s electric grid.”


Steve Bell on Nightly Business Report

“I think we will have the sequester for a short period of time, probably until the first civilian employee of the government is furloughed, which might take about a week. And then that pain may be enough to cause the people on Capitol Hill and the president to come to some sort of rational deal.”


Walter Hickey for Business Insider

“The Bipartisan Policy Center ? an independent group with a long track record of accurate prognostication ? has confirmed that they expect massive job losses across the board if Congress is unable to avert the sequester.”

2013-02-06 00:00:00

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