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Monday, August 12, 2013

Budget

News                                                                                                                             
Market Watch | Bundesbank sees new Greek bailout in 2014
Germany's Bundesbank expects Greece will need extra financial aid at the beginning of 2014, weekly magazine Der Spiegel reported over the weekend, citing a document from the central bank.
WSJ | White House Sifts Fiscal Ideas With Band of Senators
"Meetings Focus on Fiscal Issues as Fall Deadlines Loom."


Econ Comments & Analysis                                                                                            
WSJ | The Budget Sequester Is a Success The Obama spending blitz is over and the deficit is heading below 4% of GDP.
Washington Times | ARNOLD: Keeping bloated government on a forced dietPreserving caps on spending is more crucial than defunding Obamacare.