Econ Comments
Daily Caller | States need to prepare for massive cuts in federal funding
State legislators and governors fear that the super-committee will target the half trillion dollars that the federal government sends to states each year through a program known as Federal Aid to States (FAS).
Forbes | The U.S. Federal Deficit Reaches A Tipping Point
When nations accumulate a certain level of debt, growth suffers. For the United States, that moment is now.
Blogs
WSJ: Real Time Economics | What Are We Spending Our Money On?
Average spending dropped 2% to $48,109 last year. Even as income and spending fell, consumer prices increased 1.6% in 2010.
