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Wednesday, May 4, 2011

Budget

News                                                                                                                             
Bloomberg | U.S. Treasury to Sell $72 Billion in Long-Term Debt
The Treasury said it will auction $32 billion in three-year notes on May 10, $24 billion in 10-year notes May 11 and $16 billion in 30-year bonds May 12.

Econ Comments                                                                                                             
Politico | How to reduce the national debt
The recovery is too fragile and our ability to lead in the world too essential for us to play a costly game of chicken.

Blogs                                                                                                                             
The Economist: Free Exchange | Keeping a big debt down
...historically, it has been extremely difficult to address debts of these magnitudes.