News
Politico | W.H.: It's up to Congress to forge a budget deal
President Barack Obama will allow Congress to work out a budget without placing himself in the middle of the talks, White House press secretary Jay Carney said Thursday.
CNN Money | When's the next debt ceiling showdown?
The budget deal brokered by Congress this week lets Treasury keep borrowing until February 7 to pay the country's obligations, and by doing so, avert default.
Econ Comments & Analysis
National Journal | Republicans Lost the Shutdown Battle, but They're Winning the Fiscal War
If there's one thing just about everyone can agree on, it's that the Republicans lost this fight—and badly. They surrendered on every point, except for a minor antifraud measure that will not alter the course of the Obamacare juggernaut by an inch.
Real Clear Markets | Stop Whining, and Learn To Love a Default
A Wall Street Journal headline from Wednesday in many ways told the ridiculous tale of a very minor federal government shutdown, and the subsequent cave by a scared-of-its-own-rhetoric Republican party. "Uncertainty Chips Away at Prestige" was the headline, and the article alleged reduced prestige for the U.S. globally in light of a budget fight taking place domestically.
AEI | Three lessons Republicans should learn from the debt ceiling debate
Well then, a global financial crisis has been averted, and the zombie apocalypse will not be with us for at least another few months. Happiness abounds, everyone wins. Except for Republicans in Congress, who appear to have gained exactly nothing from this crisis.
