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Friday, July 20, 2012

Budget

News                                                                                                                             
Bloomberg | Euro Finance Chiefs Give Final Approval to Spain Bank Rescue
Euro-area finance ministers gave final approval to as much as 100 billion euros ($122 billion) of bank aid for Spain, putting Greece back on the front line of the bloc’s crisis-fighting agenda.
CNBC | January Automatic Cuts Spook Congress
A meat ax approach to Washington's budget deficit problem that hacks away at nearly every corner of American society — from farmers to weapons manufacturers — is spooking the very  Congress that embraced the idea nearly a year ago.

Blogs                                                                                                                             
WSJ | Secondary Sources: Fiscal Follies, Student Borrowing, Policies Economists Love and Politicians Hate
A roundup of economic news from around the Web.