News
NY Times | Pressure Builds on Deficit Panel to ‘Go Big,’ Beyond Its Mandate, in Cuts
A group of at least 57 prominent business executives and former government officials have signed a petition in support of a greater deficit reduction, which they are to release at a news conference on Monday.
CNN Money | Pentagon sweats out budget upheaval
The senator -- Republican Jon Kyl of Arizona -- is a staunch defender of the Pentagon's budget, and it's no surprise that he is protecting the military's interests.
Market Watch | Greece adds property tax to budget plan
Greece will add a new property tax to austerity measures to help curb its deficit, the cash-short government said on Sunday, according to published reports.
Roll Call | Size of CR Puts GOP At Odds
...the Republican Study Committee — which squared off with Boehner during the debt deal in a losing effort to force deeper cuts — is considering submitting its own CR and actively opposing the appropriations bill.
Politico | Deficit panel eyes good ol' options
With just 10 weeks to figure out how to slash $1.5 trillion, the bipartisan panel of 12 lawmakers seems more content to flip through a menu of old options, recycling proposals from bipartisan groups and commissions that have come before it.
CNN Money | Paying for Obama's plan: It's complicated
Obama asked the 12-member debt super committee, already charged with proposing between $1.2 trillion and $1.5 trillion in debt reduction over a decade, to add the cost of the American Jobs Act to its goal.
Econ Comments
Washington Times | GHEI: Pension pitfalls
Lavish retirement benefits create economic crisis for state and local governments.
