News
CNN Money | Bond experts to Congress: Don't mess it up
Many of the bond experts indicated they would welcome a plan for deficit reduction if it were tied to the vote, but no one said the ceiling shouldn't be raised in the absence of one.
Fiscal Times | Farm Subsidies Are on the Chopping Block
Pawlenty, the former Minnesota governor, is hardly the first prominent farm- state politician to take aim at the once politically sacrosanct ethanol program--or other costly farm safety net programs.
MarketWatch | Greece stepping up cuts in return for aid: report
Greece will agree to tougher austerity measures and accelerate its privatization program in return for a fresh international bailout package, according to a media report Friday.
CNN Money | No budget, no pay for California lawmakers
California lawmakers can kiss their pay goodbye if they don't pass a balanced budget by June 15.
Econ Comments
Washington Post | Our salutary debt-ceiling scare
As the sun rises in the east, the debt ceiling will be raised. Getting there, however, will be harrowing. Which is a good thing.
AEI | Limit the Real Debt
The debt limit covers two very different types of obligations.
Blogs
WSJ: Real Time Economics | CBO: Fannie, Freddie Guarantees to Cost Government $42 Billion
If the two continue to do business on current trends, the CBO “estimates that the new guarantees the [enterprises] will make over the 2012-2021 period will cost the government $42 billion,” Ms. Lucas said.
