News
WSJ | College Debt Hits Well-Off
Rising college costs and a sagging economy are taking the biggest toll on a surprising group: upper-middle-income families.
CNBC | Municipal Finances Reaching an 'Inflection Point': Whitney
Cash-strapped local governments are facing an "inflection point" that will force them into deciding between providing services and honoring debt obligations, financial analyst Meredith Whitney told CNBC.
Blogs
CATO | More Truth about Sequestration
Pentagon officials and other proponents of big military spending have three basic complaints about sequestration. That’s the process created by last summer’s Budget Control Act that would cut planned federal spending by about $1.1 trillion over the next nine years through budget caps and a $110 billion in across-the-board cuts in January 2013, with half the cuts coming from defense.
Coordination Problem | Did It, or Didn't It ...
Work ... fiscal stimulus that is. Many studies have been released that claim the fiscal stimulus programs that have been pursued in the US since 2008 have not worked.
Neighborhood Effects | State Revenue Uncertainty
Yesterday the National Conference of State Legislatures released its State Budget Update for 2012, projecting that states’ revenues are approaching levels not seen since before the recession.
CATO | Are Military Spending Cuts Good for the Economy?
Yesterday, Cato released a new video pointing out that the military spending cuts specified under the Budget Control Act’s sequestration provision are not large relative to total spending, and would still have the U.S. government spending nearly $5.2 trillion on the Pentagon’s base budget over the next ten years.
