News
National Journal | Gallup: Americans Prefer GOP on Budget
Republicans have a 12-point advantage over Democrats on budget issues, with 48 percent of Americans saying Republicans are better suited to handle the issue.
Econ Comments
Washington Post | How to add teeth to Obama’s plan for a debt fail-safe
The president’s debt fail-safe would mandate cuts to government spending and tax breaks if by 2014 — notably, not until after the election — deficits were not projected to be declining as a share of the economy.
Washington Times | DELL: What fiscal pain?
Fundamental reforms necessary to resolve the nation’s long-term fiscal gap equitably and efficiently would produce large gains for little pain.
Cato Institute | Budget-cutting Like It's 1995
The takeaway is that cuts are inferior to terminating entire agencies and programs.
Reports
Mercatus Center | The Debt Ceiling: What is at Stake
The United States should not consider defaulting on its debt, nor should it put itself in a position where it has to postpone payment to contractors or “manage” other non-debt obligations. Neither, however, should Congress be forced to raise the debt ceiling under false pretenses.
