News
Washington Times | College students more wary of credit card debt
The chastening impact of the recent global recession, the tightening of standards for younger card applicants by lenders and a federal law passed in 2009 are all contributing to a decline in the number of college students carrying plastic.
Washington Times | California in the red by $127.2 billion, state auditors say
A financial report issued by state auditors finds that the state of California is in the red by an unsustainable $127.2 billion.
Econ Comments & Analysis
CATO | Budget Problems Continue in Washington
The President on Tuesday signed the continuing resolution that funds the government through September and (gasp) keeps the sequester cuts intact. Now that it appears sequestration isn’t going away (and yet the earth continues to spin merrily on its axis), the focus should be on how this small step might be extended.
Blogs
Heritage Foundation | Obama Tax Hikes Will Balance the Budget (April Fool’s)
The Heritage Foundation has explained that spending too much is at the root of our budget crisis. But for those still skeptical, here’s a recent response from the nonpartisan Congressional Budget Office (CBO) to a question about the primary drivers of federal deficits over the next decade
