Pages

Wednesday, August 28, 2013

Budget

News                                                                                                                             
WSJ | California Sells $764 Million in Debt
California sold $764 million in debt Tuesday at lower-than-expected interest rates, a vote of investor confidence in the state's improved finances.

Econ Comments & Analysis                                                                                            
Washington Times | Another looming debt-ceiling battle
Hold on to your wallets and put your savings in a safe place, because Congress returns next week from its monthlong August recess.
Investors | Crisis? What Crisis? White House In Denial Over Budget
The federal government says it will hit its debt ceiling in October, earlier than expected. That's not shocking, but the White House's cavalier attitude is. It says it'll do "nothing" to fix this chronic problem.

Blogs                                                                                                                             
CATO | And Next Year There Will Be an Eighth Budget “Showdown”
The Washington Post’s David Fahrenthold counts six budget “showdowns” in Washington over the past two and half year. The looming battle this fall over funding the government and raising the debt ceiling will be number seven. That led Fahrenthold to examine what the six showdowns have accomplished with regard to the size of government.