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Tuesday, October 4, 2011

Budget

News                                                                                                                             
CNBC | Big Debt Relief Needed to Kick-Start US Growth: Economists
More than three years after the financial crisis struck, the U.S. economy remains stuck in a consumer debt trap.

Econ Comments                                                                                                             
Forbes | Given an Opportunity to Cut Spending, the President Sings of the Buffett Rule
With the federal budget deficit cruising along at some $1.5 trillion a year – a gargantuan number – a consensus has gathered across the country that something serious has got to be done about it. Something appropriate to the magnitude of the problem.
Washington Times | MILLER: Democrats resist another Obama stimulus
It’s not just the American people who are abandoning President Obama in droves.

Reports                                                                                                                         
Mercatus Center | Institutions and State Spending
U.S. fiscal policy at the federal, state, and local level is on an unsustainable path. While reformers should look for ways to reduce spending on particular budget items, tomorrow’s legislatures may easily reverse these cuts.