News
Bloomberg | U.S. Net Outflow of Long-Term Securities Rises to $37.3 Billion
Foreign sales of U.S. long-term securities outpaced U.S. purchases of such assets abroad in April as private investors overseas sold a record amount of Treasury bonds and notes, a government report showed.
Market Watch | U.S. Q1 current account deficit $106.1 billion
The U.S. current account deficit rose by $3.8 billion to $106.1 billion in the first quarter, or 2.7% of gross domestic product on an annualized basis, the Commerce Department reported Friday.
Econ Comments & Analysis
Fiscal Times | National Debt Could Skyrocket As Interest Rates Rise
Paying off the national debt just got a bit more dangerous, and potentially a lot more expensive.
WSJ | Rebooting the Budget Talks
White House officials and GOP senators met quietly this week to talk budgets. The discussions were vastly different from those in the past. The GOP, with a lead from Wisconsin Sen. Ron Johnson, is demanding that before anybody talks fixes, both sides first admit there's a problem.
AEI | The nation's budget challenges haven't changed
It is a mistake to think of the nation's budgetary challenge as something associated solely with the size of near-term deficits. That was never the case.
