News
Politico | Getting past grudges to fiscal cliff deal
Between the hit movie and President Barack Obama’s second Inauguration, Lincoln is in the air in Washington. But maybe it’s time to also remember Grant, who knew war firsthand and had the good sense in victory to let the defeated take home their horses and mules for spring plowing.
CNN Money | Greece aid clears final hurdle
Eurozone finance ministers formally agreed Thursday to release more aid to Greece, with the first installment of funds due in the coming days.
Politico | A real debt goal: 60 percent by 2030
The fiscal cliff obsession in Washington is missing the whole point of fiscal reform: actually solving our national debt problem. Instead of focusing on an arbitrary target in one area of the budget, fiscal reform should build from a comprehensive goal that stabilizes the debt and provides the certainty and confidence needed to restart the U.S. economy.
Blogs
CATO | Promises to Restrict Future Spending Are Worthless
The next year, when the formula called for another reimbursement cut, Congress passed an override. And each year since, Congress has followed the same pattern.