News
WSJ | American Officials Press Europe to Solve Debt Woes
Policy makers and finance executives sought to calm investors rattled by Europe's debt woes, while officials around the world pressed for swift action to keep the turmoil from spreading.
Fiscal Times | Super Panel May Go for a Grand Fiscal Bargain
For example, if it seeks a “grand bargain,” the Super Committee could specify to House and Senate committees with jurisdiction over tax and entitlement policy the deficit reduction targets to be achieved and the nature of the structural program changes to be made, the task force said.
CNN Money | White House: We're fighting wasteful spending
The main effort that could deliver big dollar savings is going on at Health and Human Services, which plans to use a special audit program to root out waste and fraud in Medicaid. Agency auditors say they expect to recover $2.1 billion over five years.
Econ Comments
WSJ | A Blue-State Bailout in Disguise
Our new study shows that under the Obama jobs bill, debt-ridden states will get another big handout.
AEI | Bailouts or Bankruptcy?
In early 2011, the states' financial travails were the stuff of headline news. Deficits for the current budget cycle were estimated at $175 billion
Blogs
NRO: The Corner | What Should the Supercommittee’s Priority Be?
No matter how one looks at it, it’s hard to imagine how such savings can be achieved without touching health-care benefits — in particular without reining in the new health-care law.
