Using the New CEPR Budget Calculator to Improve the NYT's Budget Reporting

Today we are going to use CEPR's patented new budget calculator to improve a NYT budget article so that it is more meaningful to people who read it. The focus of the piece is efforts by House Republicans to sharply reduce spending from current levels.

One paragraph tells readers:

"For the fiscal year that begins Oct. 1, Mr. Obama requested nearly $3 billion for renewable energy and energy efficiency programs — a mainstay of his economic agenda since he was first elected. The House approved $8...