News
National Journal | Reid Set to Push for Conference on Budget
Senate Majority Leader Harry Reid, is expected to ask the Senate for consent to move to a conference on the budget, according to a Democratic aide.
CNN Money | Even Abenomics can't ignore Japan debt
Investors in Japan are cheering the implementation of "Abenomics," a fresh round of government spending and drastic monetary easing designed to end 15 years of deflation.
Econ Comments & Analysis
WSJ | Obama Budget Spreads the Tax Pain
President Barack Obama's budget proposal would lead to significant tax increases on upper-income Americans, and also to moderate increases on some lower-income Americans, largely because of a new tax on tobacco products, according to an analysis by a Washington think tank.
WSJ | Limit Austerity, EU Official Says
A top European Union official signaled his support Monday for relaxing Europe's austerity drive, in what could be a significant break for countries struggling to hit tough budget targets amid persistent economic weakness.
Mercatus | Mandatory Spending Consumes 77% of Budget by FY 2023
This chart highlights the increasing share of the budget consumed by mandatory spending using projected spending estimates from the president’s FY 2014 budget and historical data from the Office of Management and Budget.
