News
WSJ | Lawmakers Step Up Talks on Cutting Deficit
Congressional leaders from both parties agreed on Thursday to accelerate their negotiations over reducing the federal deficit, signaling a heightened sense of urgency to avoid a potential default on the government's debt.
Econ Comments
Washington Times | ARMEY & KIBBE: Obama’s big, fat Greek bailout redux
President promotes the culture of expansive fiscal irresponsibility.
CNN Money | America's own 'Lost Decade'
Many experts say private debt owed by households, as well as businesses, is an even bigger problem than the government debt that's getting so much attention lately.
Blogs
Bankrupting America | Gang of Six budget to cut $4.7 trillion from deficit
...The New York Times reports that despite facing a number of obstacles since its inception, the group is close to releasing a proposal that would cut $4.7 trillion from the deficit over the next 10 years.
