Pages

Wednesday, September 5, 2012

Budget

Econ Comments & Analysis                                                                                            
AEI | Can Europe make it all the way to November?
The European debt crisis took a breather in the summer months as thinner markets and promises of central bank intervention from both the U.S. and Europe bolstered equity prices.
Bloomberg | CBO Demands a Leap of Faith on the Fiscal Cliff
Last month, the Congressional Budget Office released a report warning that the “fiscal cliff” would cause a new recession. It came to the right conclusion for all the wrong reasons.

Blogs                                                                                                                             
AEI | Social Security: A prime example of Obama and opportunity cost
Even if we slowed everyone’s benefit growth – from the poorest to the richest – to price inflation, we could no longer maintain solvency while holding harmless those over the age of 55.
Heritage Foundation | Morning Bell: $16,000,000,000,000
Yesterday, the U.S. national debt passed $16 trillion. On President Barack Obama’s watch, the debt has increased by 50 percent, as campaign promise after campaign promise has drowned in a sea of federal spending.
The Hill | Treasury reports national debt exceeds $16 trillion for first time
The Treasury Department reported on Tuesday that the national debt rose to more than $16 trillion for the first time.