Balance the Budget Without Kicking a Tax Plan to the Voters

That's the theme of my column this morning (also here).

Meanwhile, legislators continue to wrestle with the "early savings action plan" (don't call it a supplemental budget - I don't know why). There's an important hearing this afternoon in the House Ways and Means Committee.

What happens in the House today will help us get a handle on what they mean by early, by savings, and by action.

UPDATE Schmudget, the blog for the Washington Budget and Policy Center, posted a commentary on my column, arguing for keeping "revenue options" in the mix. We disagree. Read Schudget for the other side, effectively presented.