News
National Journal | Harrisburg, Pennsylvania Files for Chapter 9 Bankruptcy
The City Council voted 4-3 to seek bankruptcy protection for Harrisburg, which has a debt burden five times its general-fund budget "because of an overhaul and expansion of a trash-to-energy incinerator that doesn’t generate enough revenue," Bloomberg reported.
Econ Comments
Washington Times | MILLER: Winning the balanced-budget fight
GOP needs to move fiscal restraint to the front burner.
Blogs
Cato Institute | Economic Policy in the E.U.: More Bailouts, More Debt, More Crises
What began as a system of economic cooperation has turned into quasi-continental government.
NRO: The Corner | Sequester vs. Surrender
The Cato Institute’s Dan Mitchell has an interesting post arguing that, if the Republicans appointed to the supercommittee are smart (meaning they actually believe in smaller government), they will do nothing and choose the sequester savings over a surrender.
Economic Freedom | VIDEO: Episode Two: Economic Freedom in America Today
For years the United States has been a world leader in economic freedom. But runaway government spending and burdensome regulations have caused a decline in economic freedom in the United States. If our economic freedom continues to fall, how will it affect our quality of life?
