News
CNN Money | Pessimism deepens over budget standoff
Budget experts are worried: The chances of a government shutdown and a harrowing ride to raising the debt limit have gone up in the past few weeks. - See more at: http://money.cnn.com/2013/09/12/news/economy/budget-showdown/index.html?iid=SF_E_LN#sthash.3wvWc1NP.dpuf
Econ Comments & Analysis
National Journal | What (or Who) Is 'Responsible' in Today's Fiscal Reality?
With the end of the fiscal year just weeks away, Congress is feeling the pressure on passing legislation to keep the government from shutting down that makes both parties happy, or at least, something both sides can tolerate. So far, Democrats and Republicans remain gridlocked. But according to Sen. Orrin Hatch, R-Utah, it's not for lack of trying.
Blogs
WSJ | Budget Deficit on Track for Smallest Shortfall Since 2008
The U.S. government is on track to lock in its lowest budget deficit since 2008, new Treasury Department data said Thursday, as the gap between spending and revenue continues to contract.
CATO | Now Playing: Budget Brawl 2013
The current budget showdown in Washington has become so painful to watch that, were it a movie script, even M. Night Shyamalan would pass it up. Alas, it’s my job to comment on the latest budget mess just as it’s a film critic’s job to review the latest stinker served up by Hollywood (I’m looking at you Man of Steel).