News
Politico | A continuing war on the continuing resolution
Monday marked the Senate’s first skirmish in what will be a long, protracted battle this week over keeping the government running and defunding Obamacare.
National Journal | McConnell Rejects Cruz Solution in Fiscal Fight
Senate Minority Leader Mitch McConnell has rejected Sen. Ted Cruz’s approach to defunding Obamacare as the Senate steers toward a weekend showdown over a temporary measure to keep the government running.
Bloomberg | Republicans Debt-Ceiling Strategy Relies on Obama Budget
Senate Republicans have a strategy for lifting the U.S. borrowing limit: offer what President Barack Obama asked for in his budget, then dare him to refuse.
WSJ | With No Talks on Debt Ceiling, Risks Mount
Republicans Criticize Obama's Stance to Not Negotiate Over Borrowing Limit After 2011 Fight.
Econ Comments & Analysis
WSJ | Obama's Debt-Ceiling Stonewall
Increases in the federal borrowing limit have often included spending reforms.
Washington Times | RAHN: Model meltdown
The Obama administration’s economic forecasts have been consistently wide of the mark in grossly overstating what is likely to occur.
Mercatus Center | Beyond CBO’s Baseline Debt Projections
Accounting for these long-run economic changes, or what CBO's calls "economic feedback," and more realistic assumptions regarding the continuation of certain fiscal policies set to expire, the federal debt held by the public under CBO’s alternative scenario would reach about 190 percent of GDP by 2038.
CRS | Funding Gaps and Government Shutdowns: CRS Experts
In the event of a funding gap, the potential impacts of a government shutdown would depend on a program's or agency's specific circumstances and, furthermore, how relevant law is interpreted.
Blogs
Heritage Foundation | 6 Reasons Why the National Debt Keeps Rising
Out-of-control spending by Congress and the Obama Administration has once again maxed out the latest debt limit—a nearly $17 trillion burden that harms job growth, gives special interests a pass, and lowers American families’ personal income.
