News
Bloomberg | Wall Street Sees Debt-Limit Talks Past Mid-October Target
The U.S. Congress may have scope to extend debt-limit negotiations for weeks past the mid-October date when Treasury Secretary Jacob J. Lew has said the nation will exhaust its borrowing authority, according to analysts at Credit Suisse Group AG and Jefferies LLC.
Econ Comments & Analysis
AEI | Fiscal collisions ahead
Even as serious decisions loom regarding Syria, Congress and President Obama still must deal with two related fiscal policy issues: raising the debt ceiling before the government’s borrowing authority runs out around mid-October, and funding government operations beyond the end of the fiscal year on Sept. 30.
CATO | Spending Freezes in History
With Congress reconvening, members will soon be battling over discretionary-spending levels for fiscal year 2014, which begins October 1. They will decide whether to abide by current federal budget caps, which are designed to keep discretionary spending roughly flat over the next few years.
