News
WSJ | Fresh Downgrade Threat to U.S. Debt
A third rating agency threatened to downgrade the U.S. government's credit status if Congress failed to increase the nation's borrowing limit by early August, increasing pressure on lawmakers and the Obama administration to reach a deficit-reduction deal.
Blogs
EconLog | Henderson on Canada's Budget Cuts
We often hear that cutting government budgets causes "pain." Whether and to what extent that's true, though, depends on what is cut.
