News
Politico | Debt ceiling deadline pushed back
Though Congress agreed in October to hike the nation’s borrowing authority through Feb. 7, the Treasury Department’s use of extraordinary measures will likely give lawmakers an additional month to haggle over a deal to raise the debt ceiling above $17.1 trillion, according to the Congressional Budget Office.
Econ Comments & Analysis
Heritage Foundation | Cutting the U.S. Budget Would Help the Economy Grow
Members of the Senate and the House of Representatives have convened the first budget conference in four years. With the deadline of December 13 for the conference report, lawmakers have little time to agree on a budget plan for fiscal year 2014 and beyond, and yet so much depends on their succeeding.
CBO | Federal Debt and the Statutory Limit, November 2013
The debt limit—commonly referred to as the debt ceiling—is the maximum amount of debt that the Department of the Treasury can issue to the public and to other federal agencies.
CATO | Will Paul Ryan and GOP Budget Negotiators Snatch Defeat from Jaws of Victory?
There’s a joke in Washington that Democrats are the evil party and Republicans are the stupid party. Except this joke isn’t very funny since a lot of bad policy occurs when gullible GOPers get lured into “bipartisan” deals that expand government.
Blogs
Heritage Foundation | The Truth About Spending Cuts and the Economy
Liberal economists like Paul Krugman might be calling for more government spending to help our ailing economy, but federal spending cuts are the better bet for long-term economic growth according to a new study released today by The Heritage Foundation’s Romina Boccia.
