News
WSJ | Spanish Debt Load Hits New High
Spain's central bank said Friday that government debt rose to 68.5% of gross domestic product in the fourth quarter, the highest since at least 1990, as the country's budget deficit surpassed expectations.
Econ Comments & Analysis
WSJ | Rearview Stress Tests
So the Federal Reserve and Treasury have stress-tested America's 19 biggest banks and deemed that only the relatively small Ally Financial is short of capital. Hallelujah, brother.
Politico | Time for a cut, cap & balance budget
The most important policy imperative in the world today is for the United States to balance its budget. Though the reasons we must do so are economic, the reasons we should are fundamentally moral.
