News
Bloomberg | Flaherty Looks to Operating Cost Cuts For Balanced Canada Budget in 2014
Canadian Finance Minister Jim Flaherty, whose Conservative Party won a majority in last month’s election, is counting on cuts in government operating costs and the elimination of tax loopholes to balance his budget within four years.
CNN Money | Meredith Whitney: State finances are worse than estimated
The outspoken municipal bond bear follows up with more evidence that the fiscal troubles in many states are far greater than we've been told.
NY Times | In State Parks, the Sharpest Ax Is the Budget’s
As the summer season gets under way, budget-strapped state parks across the country are pursuing creative and sometimes controversial solutions simply to stay open.
WSJ | EU Faults States' Budget Plans
The European Union's executive arm said Tuesday that national economic plans presented by member states broadly reflect agreed policy goals but frequently lack ambition and concrete details.
Econ Comments
Washington Times | EDITORIAL: Debt-limit clock ticking
Conservatives remind House leadership of need for real spending cut.
WSJ | Obama and the Debt Crisis
To lead us out of it, he will need to learn some new political skills.
Blogs
Heritage Foundation | Cut, Cap, and Balance
The debt limit is expected to be considered by both chambers of Congress by August 2. House conservatives have drawn up a list of demands in consideration for allowing the debt limit to be increased.
