Econ Comments & Analysis
Washington Times | LAMBRO: Short-term budget bedevils second-term Obama
The federal budget deficit will be nearly $1 trillion this year, our national debt is headed toward $17 trillion, Congress‘ approval polls are a dismal 13 percent, and our lawmakers are on a two-week spring break.
Blogs
Econlog | Tax Hikes, then Spending Cuts: Not What "Starve the Beast" Predicted
It's all common sense, of course: Less money coming in probably means less money going out. But as I've said before, common sense is a bad way to learn astronomy so maybe it's a bad way to learn economics.
Market Watch | U.S. debt held by foreigners ‘manageable,’ economist says
New figures out Tuesday show the net debt held by foreigners is “manageable” and well below levels that have triggered issues in other countries, an economist says after seeing fresh data.
CBO | How Different Future Interest Rates Would Affect Budget Deficits
The causes of higher interest rates would also affect the conduct of monetary policy by the Federal Reserve. Changes in both interest rates and the magnitude of the Federal Reserve’s purchases and sales of securities would affect remittances by the Federal Reserve to the Treasury.
