News
WSJ | Euro Zone Considers Central Budget to Fix Cracks
Euro-zone governments have begun discussions about creating a central budget for the currency union aimed at smoothing over some of the region's economic divergences, after Germany indicated support for the idea, European officials say.
National Journal | Geithner: Tax and Entitlement Reforms Essential to Deal With 'Fiscal Cliff'
A resolution to the drastic year-end spending cuts and expiring tax cuts known collectively as the “fiscal cliff” has to include a balance of tax and entitlement reforms, Treasury Secretary Timothy Geithner said on Tuesday.
CNN Money | Postal Service to move closer to insolvency
At the end of this month, the U.S. Postal Service takes another step toward insolvency.
Econ Comments & Analysis
WSJ | The 10% President
A question raised by President Obama's immortal line on CBS's "60 Minutes" on Sunday—"I think that, you know, as President, I bear responsibility for everything, to some degree"—is what that degree really is. Maybe 70% or 80% of the buck stops with him? Or is it halfsies?
