News
Market Watch | Moody's warns on European Union debt rating
Moody's Investors Service on Monday warned of a possible cut to the European Union's Aaa debt rating, changing its outlook to negative in line with concerns about the core members of the bloc. Moody's said the negative outlook was due to similar action against the four largest contributors to the EU's budget: Germany, France, the U.K. and the Netherlands.
Econ Comments & Analysis
Washington Times | The real fiscal cliff
As we head toward the end of the year, the media’s fixation with the congressionally imposed “fiscal cliff” will reach a fever pitch and no doubt become a major factor in the presidential campaign.
Blogs
Tax Foundation | CBO: Federal Healthcare Spending Will Exceed Discretionary Spending by 2016
Romney and Ryan are receiving the usual Mediscare treatment for their plans to reform healthcare entitlements. Paul Krugman, for instance, refers to their proposal to allow private companies to compete for Medicare dollars as “VoucherCare.” So what would happen in the absence of reform?