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Friday, February 1, 2013

Budget

News                                                                                                                             
WSJ | Lingering Bad Debts Stifle Europe Recovery
The moving boxes were in Emer O'Grady's bedroom, waiting to be packed with the contents of a home she can no longer afford. But selling her three-bedroom brick house in the north of Dublin hasn't ended her financial bind: The 34-year-old psychotherapist and her former partner still owe some $340,000 on their mortgage.

Blogs                                                                                                                             
Heritage Foundation | Morning Bell: How to Balance the Budget in 10 Years
Both houses of Congress have now voted to suspend the debt ceiling until May 19, buying lawmakers more time to develop a budget. The Senate would put together a budget for the first time in three years—and the details of that budget are crucial.