News
FOX Business | Greek Leaders Scramble Over Bailout; Unions Strike
Prime Minister Lucas Papademos negotiated through most of the night with Greece's European Union and IMF lenders, ending at 4 a.m. (10 p.m. ET) when the 24-hour strike was about to begin, closing ports and tourist sites and disrupting public transport.
Econ Comments & Analysis
AEI | Stimuless
Although our economic situation has been glacially improving, the recovery has been much slower than the Keynesians in the Obama administration promised.
CBO | Testimony on CBO's Appropriation Request for Fiscal Year 2013
Testimony before the Subcommittee on Legislative Branch, Committee on Appropriations, U.S. House of Representatives
Washington Times | The endangered balanced budget
Washington hasn’t seriously uttered the words “balanced budget” in years. Lawmakers now focus on trimming the budget deficit, which has soared to $1.3 trillion under President Obama.
WSJ | Budget Plan Has Familiar Ring
President Barack Obama will release his budget plan next week, calling for $3 trillion in deficit reductions over 10 years, including $1.5 trillion in tax increases to fall mostly on the wealthiest Americans.
AEI | Why the US doesn't have the debt problems of the EU
The crucial difference may be found in the relationship between the subordinate political units and the central bank in each grouping.
