News
WSJ | Europe Tries to Rescue Its Rescue
Ministers Weigh Two Options for Beefing Up Europe's Bailout Fund, as They Aim to Head Off Deeper Troubles in Italy.
Politico | Bloomberg: My plan to balance the budget
New York City Mayor Michael Bloomberg on Tuesday laid out a proposal to balance the federal budget by scrapping the Bush tax cuts entirely and raising the Social Security retirement age.
Econ Comments
IBD | Obama's Fiscal Rollercoaster Won't Excite Economy
The policies spelled out by the White House would mean a jarring $380 billion tax hike in fiscal 2014 compared to 2012, equal to roughly 2.2% of GDP.
Blogs
NRO: The Corner | Future Spending Under the Sequester
...the perceived spending “cuts” are merely reductions in the overall rate of growth in spending, not actual cuts addressing the fundamental drivers of U.S. debt problems.
NRO: The Corner | Two Loopholes that Will Lead to More Spending
Over at the Heritage Foundation’s blog, Patrick Knudsen reports on two major loopholes in the debt-ceiling deal that will likely increase spending beyond the budget caps.
Reports
CBO | Monthly Budget Review
Based on the Monthly Treasury Statement for September and the Daily Treasury Statements for October.
