News
Washington Times | Senate paves way for final debt increase
Thursday the Senate voted to clear the way for President Obama to raise the federal government’s borrowing limit by another $1.2 trillion to $16.4 trillion, which he hopes will last past the November election.
WSJ | Greece Edges Towards Debt Deal
Talks between Greece and its private sector creditors over a €100 billion ($131 billion) debt write-down edged towards an agreement
Politico | Debt ceiling increase allowed by Senate
The Senate on Thursday voted to allow President Barack Obama to increase the debt ceiling by $1.2 trillion, an amount large enough to ensure the federal government can pay its bills through the November elections.
Blogs
CATO | Biennial Budgeting: Baloney Budget Reform
I don’t recall ever agreeing with the left-liberal Center on Budget and Policy Priorities (CBPP), but their new paper on the drawbacks of the federal government switching to biennial budgeting is a good read.
