News
MarketWatch | Debt fight endangers U.S. creditworthiness
Earlier this week, Rep. Paul Ryan, chairman of the House Budget Committee, said holders of U.S. government debt would be willing to miss payments “for a day or two or three or four” if it puts the country in a stronger position to pay them later on.
Fox News | Ryan Challenges Democrats to Propose Alternative to His Budget
The architect of the House Republican plan for overhauling Medicare says it's time to move beyond petty politics and focus on dealing with the nation's fiscal problems, and he's challenging Democrats to show leadership on budget cuts.
Econ Comments
FT | America’s deepening default chasm
A week ago on Monday the US government hit its statutory debt ceiling of $14,300bn...
Blogs
Cato@Liberty | Why Budgets Are Busted
Three stories in today’s Washington Post help us to understand why governments around the world are facing unmanageable deficits.
