On Wednesday morning the joint House-Senate Budget committee will convene for its first session. The group, led by Senate Budget Committee Chairwoman Patty Murray (D-WA) and House Budget Committee Chairman Paul Ryan (R-WI) has until Dec. 13 to make its report on recommendations that will then go to the full House and Senate. The committee is charged with finding a compromise between the two chamber’s versions of a spending plan for fiscal 2014. Perhaps before they start the debate, they should ponder this chart of the labor force participation rate.
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=205861