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Tuesday, October 23, 2012

Budget

Econ Comments & Analysis                                                                                            
Roll Call | Unfortunately, the Fiscal Cliff Joke Is on Us
Have you heard the one about the big-name financial services CEOs who last week released a letter to Congress and the president demanding they do whatever it takes to avoid the fiscal cliff?

Blogs                                                                                                                             
Marginal Revolution | Questions that are rarely asked
Japan is about to replace China as America’s biggest creditor. Could you please offer us some meaningless bluster about “getting tough with Tokyo?”
Calculated Risk | Bank of Spain: Recession Continues, Deficit to Increase
Spain's central bank said Tuesday the country's economy contracted slightly less than expected in the third quarter but repeated a warning that tax-revenue shortfalls could cause the government to miss its 2012 budget-deficit target.