News
WSJ | The Long Slog of Paring Debt
The U.S. went on a borrowing binge in the 2000s and is now in the deleveraging phase.
National Journal | Senate Coughs Up $50 Million for FDA Food Safety Efforts
Senate appropriators cut the budget for the U.S. Department of Agriculture on Wednesday, leaving meat inspection funding flat, but added $50 million for the Food and Drug Administration to staff up with a few food-safety inspectors.
Washington Times | Debt reduction ‘supercommittee’ to meet
Bipartisan panel will seek ways to cut deficit by $1.5 trillion by Thanksgiving.
National Journal | Cantor: Month-Long Continuing Resolution Likely
Majority leader says bill could be taken up in less than two weeks.
Econ Comments
Washington Times | EDITORIAL: USPS, R.I.P.
Government mail monopoly is too big not to fail.
AEI | National Debt Is Larger, More Subtle Than Thought
In his scholarly "A Short Primer on the National Debt" (op-ed, Aug. 29), John Steele Gordon gets most things right. Unfortunately, he (like many others) understates by a huge amount, the total federal government debt.
