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Wednesday, December 19, 2012

Budget

News                                                                                                                             
CNN Money | Treasury to sell remaining GM shares
The Treasury Department announced plans on Wednesday to sell the 500 million shares of General Motors it still owns, closing the books on the $51 billion bailout that started four years ago.
National Journal | Obama, Boehner Not Far Apart on Fiscal-Cliff Numbers
If you stop listening to the political noise on Capitol Hill, you’ll realize the dirty secret about the current state of play of the fiscal-cliff negotiations: The Democrats and Republicans aren’t very far apart in their proposals to one another.

Econ Comments & Analysis                                                                                            
WSJ | A Bad Budget Deal
It's clear by now that the budget talks are drifting in a drearily familiar Washington direction: Tax and spending increases now, in return for the promise of spending cuts and tax and entitlement reform later. This is a bad deal for everyone except the politicians who want more money to spend.
Roll Call | A Budget Crystal Ball for 2013
For the third year in a row I am not writing a year-in-review column because, honestly, they’re boring and unnecessary. If you’ve been interested enough in the federal budget to read my column in 2012, you already know what happened and probably don’t want to be reminded. If you didn’t care during the year, you don’t need to know now.