News
FOX News | California facing higher $16 billion shortfall
California's budget deficit has swelled to a projected $16 billion — much larger than had been predicted just months ago — and will force severe cuts to schools and public safety if voters fail to approve tax increases in November, Gov. Jerry Brown said Saturday.
Econ Comments & Analysis
Mercatus | Two Kinds of Austerity
Austerity is destroying Europe, we are told. In fact, this "anti-austerity" slogan is supposedly an important reason for defeat of former French president Nicolas Sarkozy and for the victory of newly elected socialist Francois Hollande.
Blogs
Neighborhood Effects | Government Spending Has Shrunk…When You Ignore 44 Percent of Government Spending
Floyd Norris has made an astounding discovery. When you don’t count 44 percent of government spending, it appears that government spending has shrunk in recent years.
