News
National Journal | Senate Democrats Are Arming—Rhetorically—for a Budget Fight
When Senate Majority Leader Harry Reid strolls from the Mansfield Room in the Capitol to the Ohio Clock Corridor to address reporters and cameras, he's usually flanked by a handful of colleagues. The Democrats walking with him are often an indication of the message Reid wants to convey.
Econ Comments & Analysis
WSJ | After Detroit, Who's Next?
Detroit emergency manager Kevyn Orr has outraged unions and investors by seeking to subordinate the city's debts to the welfare of its residents via bankruptcy. But what probably disturbs the creditors even more is that his plan could set a precedent for other municipalities that are going broke.
Washington Times | Washington’s approaching fiscal hurricane
The sixth factor is 2014’s midterm election — just a year away when the next fiscal debate gets serious. Last time, the nearest election was behind them. Now, a quickly approaching election will heavily influence the debate.
Politico | 2014 budget process: Worst is yet to come
The 2014 budget and appropriations process has been described as a “slow-motion train wreck,” but this is far too generous. For a collision to occur, locomotives must actually meet.
WSJ | A New Twist in Argentina's Bid to Dodge Its Debts
The long-running drama of Argentina's attempts to dodge its creditors has taken a weird turn. On Wednesday, it was widely reported that the International Monetary Fund may file a legal brief with the U.S. Supreme Court—backing the South American country against its lenders.
