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Thursday, June 13, 2013

Budget

Econ Comments & Analysis                                                                                            
Forbes | Hey, Where Did Our Economy Threatening Fiscal Crisis Run Off To?
Federal policy makers always seem to be looking for reasons to dodge the difficult choices necessary to avoid the fiscal crisis. This month, they got some new excuses.
AEI | Private contractors accelerate growth of government
NSA leaker Edward Snowden didn't draw a paycheck from the federal government, but instead from a federal contractor, Booz Allen Hamilton, which brought in $1.3 billion for its government intelligence work, nearly a quarter of its revenue, according to the New York Times.

Blogs                                                                                                                             
WSJ | U.S. Set for Smallest Deficit in 5 Years
The U.S. government remains on track to post its smallest budget deficit in five years as higher taxes and an improving economy boost revenue.
CATO | The Deficit Is Still Bad News
To listen to much of the mainstream media recently, one would assume that the battle against the national debt has been won.