News
CNN Money | Fiscal cliff: Market sting may come sooner
The going assumption is that lawmakers will wait until after Election Day to deal with the $7 trillion worth of tax hikes and spending cuts set to take effect in January. Most observers believe Congress at the last minute will postpone them and punt real policy decisions to 2013.
WSJ | Fresh Worries Over Spain
Jittery U.K. customers of one of Spain's biggest lenders pulled out funds on Friday, and bad debts held by Spanish banks rose to a 17-year high, underscoring the continuing challenges facing the country's financial sector.
National Journal | House Appropriations Releases 2013 Draft Spending for Capitol
The House Appropriations Legislative Branch subcommittee on Thursday released its draft of fiscal 2013 spending allocations for agencies and programs under its purview; the $3.3 billion bill will be marked up in subcommittee on Friday.
Econ Comments & Analysis
WSJ | Three Views of the 'Fiscal Cliff'
Discussion of the so-called fiscal cliff—the combination of tax increases and spending cuts that will come in 2013 if Congress and the president don't act—confuses a number of different issues. The evidence suggests that we should fear the tax hikes, but not necessarily the spending cuts.
Blogs
The American | Just how bad for the economy would falling off the 2013 fiscal cliff be? Bad
Just how big and scary is the fiscal cliff American faces in 2013? Well, there are various estimates, and the folks at the Committee for a Responsible Federal Budget have compiled a bunch of them.
