News
WSJ | Bipartisan Debt Talks Grow More Contentious
The bipartisan deficit-reduction talks led by Vice President Joe Biden grew more contentious Wednesday as Democrats and Republicans became increasingly entrenched on key issues, people familiar with the matter said.
National Journal | Durbin Open to Cutting Deficit in Two Steps
Senate Majority Whip Dick Durbin, D-Ill., said on Wednesday that he is open to cutting the deficit in two steps, with a “down payment” tied to an increase in the $14.3 trillion debt ceiling followed by a second $4 trillion reduction.
Econ Comments
Daily Caller | Cut, cap and balance: a line in the sand for fiscal conservatives
[Obama] has directed the largest, most reckless spending binge in the country’s existence, bringing America to the edge of bankruptcy.
Washington Times | MILLER: Conservatives’ spending pledge
The first day’s effort has been encouraging. Sen. Jim DeMint, South Carolina Republican, has 10 colleagues on board. He’ll need another 30 to block a bad deal.
Reports
Bankrupting America | Budget Briefing Book: Volume One
Our three part Budget Briefing Book provides a rundown of all the facts you need when it comes to how the government spends your money and the subsequent effects.
