News
Bloomberg | U.S. Isn’t Broke, Dollar Won’t Fail, Capital Economics Says
The U.S. isn’t broke, and the dollar isn’t in danger of collapse even after unprecedented stimulus measures enacted following the worst financial crisis since the Great Depression, according to Capital Economics Ltd.
National Journal | What to Expect in Obama’s Budget
If the budgets passed by Senate Democrats and House Republicans offered up competing worldviews, then President Obama will add a third entry to the mix on Wednesday as the White House unveils its spending plan for fiscal year 2014.
WSJ | Inflation Proposal To Shield Poorest
President Barack Obama's budget on Wednesday will propose slowing the growth of Social Security and other benefits, but include measures to shield a broad range of Americans from the plan's full impact, including very old recipients as well as low-income seniors and veterans.
Econ Comments & Analysis
WSJ | A Primer for Understanding Obama's Budget
President Obama will release his overdue budget on Wednesday. It will doubtless project a reduction in the federal budget deficit—a projection that journalists, commentators and policy makers should ignore. To do otherwise is to be complicit in fraud. Strong statement? Not really.
