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Tuesday, September 20, 2011

Budget

News                                                                                                                             
NY Times | Public Schools Face the Rising Costs of Serving Lunch
The federal government is making school meals more nutritious this year, but also more expensive.

Econ Comments                                                                                                             
WSJ | What Comes After 'Europe'?
The "fiscal union" that's being mooted will never come to pass: German voters won't stand for it, and neither will any other country that wants to retain fiscal independence—which is to say, the core attribute of democratic sovereignty.
Washington Times | EDITORIAL: Obama’s phony debt plan
Rosy growth projections contrast with grim reality.
Politico | Debt impedes job creation
Excessive debt threatens the economic future of the United States. Economists are increasingly sounding alarm bells that the escalating federal debt is reaching unsustainable levels.

Reports                                                                                                                         
CRS | Financial Services and General Government: FY2012 Appropriations
On February 14, 2011, President Obama issued his FY2012 budget request. The request included a total of $48.72 billion for agencies funded through the FSGG appropriations bill, including $308 million for the CFTC. The President's request would increase funding $4.03 billion above FY2011 enacted amounts.