News
WSJ | Deadline Sets Stage for Crucial Euro Week
Top European officials this weekend vowed to unveil a sweeping euro-zone rescue plan by Oct. 23—setting the stage for one of the most critical weeks of the bloc's nearly two-year-old debt crisis.
NY Times | Deficit Panel May Need Push, Lawmakers Say
The 12-member committee is just over halfway through the 76-day interval from its first meeting to the date its final report is due on Nov. 23, but has not gained much traction.
Politico | Spending bill hits wall with moderates
President Barack Obama and Democratic leaders believed that bringing forward a popular spending package for hiring teachers and firefighters would prove to be a far easier sell than the White House’s more ambitious $447 billion American Jobs Act.
Econ Comments
WSJ | Amtrak's Banner Year
Here's what Amtrak didn't trumpet: It lost a near-record amount of money in fiscal 2011, with some $560 million from the feds required to cover its operating deficit.
