News
National Journal | The Hidden Danger for Republicans Lurking in the Budget Deal
Congress approved its first regular spending bill in years this past week, in a move hailed by many as a return to fiscal sanity. But there's a potential danger for Republicans lurking in the depths of the $1.1 trillion omnibus appropriation package that sailed through both houses: Obamacare.
Econ Comments & Analysis
Bloomberg | Student Loans, the Next Big Threat to the U.S. Economy?
Tiffany Roberson works for the state of Texas as a parole officer, teaches part-time, and is living with her parents after having completed her master’s degree. She’s held off marrying her boyfriend of four years and starting a family because she owes more than $170,000 in federal and private student loans that she took out to pursue her education in criminal justice. “I’ve never gone into default,” the 30-year-old says. “What really hurts is people say I’m a bum for living at home.”
Blogs
Market Watch | Geithner said U.S. would respond to S&P downgrade: report
Ex-U.S. Treasury Secretary Tim Geithner told the chairman of McGraw Hill Financial Inc. in 2011 that the U.S. would respond to Standard & Poor’s downgrade of the country’s debt, Bloomberg is reporting Tuesday.
CATO | Mirror, Mirror, on the Wall, Which Nation Has Increased Welfare Spending the Fastest of All?
There’s an old joke about two guys camping in the woods, when suddenly they see a hungry bear charging over a hill in their direction. One of the guys starts lacing up his sneakers and his friend says, “What are you doing? You can’t outrun a bear.” The other guys says, I don’t have to outrun the bear, I just need to outrun you.”
