News
WSJ | Grand Bargain Eludes Budget Negotiations
Top White House officials are stepping up meetings with Senate Republicans in hopes of averting a deadline-driven clash over federal spending this fall, according to people familiar with the sessions. But the two sides remain far apart on basic questions of whether to raise tax revenue and how to rein in the cost of Medicare.
Econ Comments & Analysis
CRS | An Examination of Student Loan Interest Rate Proposals in the 113th Congress
The interest rates that borrowers pay on federal student loans made through the William D. Ford Federal Direct Loan program are specified in statutory language of the Higher Education Act of 1965, as amended. For the past two years, one type of loan—Direct Subsidized Loans—has been made with a fixed interest rate of 3.4%.
Blogs
Heritage Foundation | Sequestration “Meat Cleaver” Is Really a Scalpel
In his speech yesterday, President Barack Obama referred to sequestration as a “meat cleaver” again, when news reports in fact show that the cuts have been much more targeted and much less devastating than he claims.
