News
National Journal | Former Treasury Secretaries Clash Over Cliff
Two former Treasury secretaries from Democratic and Republican administrations on Sunday disagreed over the path Congress should take in negotiating the so-called fiscal cliff.
Bloomberg | French Downgrade Widens Gulf With Germany as Talks Loom: Economy
France’s loss of the top credit rating at Moody’s Investors Service may weaken President Francois Hollande’s leverage in European budget talks and deepen concern in Germany over its neighbor’s lagging competitiveness.
Econ Comments & Analysis
Mercatus | BCA Sequester Doesn't Make a Dent in the National Debt
This week’s chart, based on the Bipartisan Policy Center's (BPC) projections, illustrates the impact of the Budget Control Act’s sequester on the debt trajectory of the United States.
CRS | Does Foreign Aid Work? Efforts to Evaluate U.S. Foreign Assistance
Congress's recent focus on reducing federal spending raises questions about the relative efficiency and effectiveness of all federal programs. In this context, evaluation of foreign assistance programs is of growing interest to many Members of Congress as they scrutinize the Administration's international affairs budget request and debate foreign aid spending priorities.