News
Politico | Deal reached on student loans
Key bipartisan Senate negotiators met in Majority Whip Dick Durbin’s Office late Wednesday and emerged confident that they could finally put the vexing issue behind them.
National Journal | Republicans, White House in Talks Toward Big Fiscal Deal
GOP senators and Obama's chief of staff have been meeting for weeks to set a course that might avoid a crisis when America hits its debt limit in the fall.
Econ Comments & Analysis
Mercatus | Yes, We Do Have a Debt Problem
In mid-May, the Congressional Budget Office (CBO) revised its previous estimate of the federal government’s 2013 deficit downward by 24 percent. The fiscal year (which ends on September 30) will feature red ink of merely $642 billion, down from the $1 trillion-plus of the previous four years, said the CBO. For many Democrats, this proved what they knew all along: The national debt is not a clear and present threat.
