News
WSJ | Late Snags Push Back Greek Deal
Greek bailout talks entered a new round of brinkmanship on Tuesday, as euro-zone finance ministers delayed a meeting to approve a new bailout and debt restructuring for Athens
NY Times | $5 Billion in Grants Offered to Revisit Teacher Policies
The Obama administration will propose a $5 billion competitive grant program to encourage states to overhaul the teaching profession
Econ Comments & Analysis
Daily Caller | Obama’s class-warfare, tax-the-rich budget
If you shake out the Obama budget in terms of bold headlines, it’s really a class-warfare, tax-the-rich budget.
Washington Times | How Obama will waste your money
President Obama clings to the fantasy that he can tax and spend the country out of malaise and into prosperity.
Bloomberg | Tax Increases, Debt Limit Loom Over Budget Debate
Most people understandably won’t make it to Table 6-2 of the Analytical Perspectives companion volume released with the Obama administration’s budget. This table, though, foreshadows the fight that will come at about this time next year -- and is thus one good way to view the budget as a whole.
Real Clear Markets | Rhode Island: Little State In a Big Mess
Back in December Time magazine published a story detailing Rhode Island's successful effort to reform its state pension system, one of the worst funded relative to its size in the nation.
Washington Times | Obama’s proposed budgetary house of cards
Two things you need to know about President Obama’s nearly $4 trillion budget for fiscal 2013: It will likely add another $1 trillion to a $15.3 trillion debt, and Senate Majority Leader Harry Reid says he will not act on any full budget plan this year.
CATO | Obama's Busted Budget
In a town where bipartisan budget chicanery has been raised to an art form, President Obama's latest budget proposal should be hailed as the da Vinci of fiscal obfuscation.
Blogs
The American | A load of economic nonsense from Geithner
Geithner said that higher taxes are a must. “I do not see how you get there if you are unable … to contemplate and to embrace modest increases in revenue through tax reform,” Geithner said. “I just don’t think it’s possible.”
Flowing Data | Slicing Obama’s 2013 budget proposal four ways
With Obama's recent budget for next year proposed, Shan Carter et. al of The New York Times let you explore the plan in their new interactive.
The American | U.S. sugar policy cost American consumers almost $4 billion last year
Using data from the USDA on U.S. and world sugar prices, domestic sugar consumption and production, and sugar imports I estimate that U.S. sugar policies cost American consumers and business almost $4 billion last year from higher sugar prices.
