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Tuesday, February 11, 2014

Budget

News                                                                                                                             
Bloomberg | House to Vote on U.S. Debt-Limit Bill Without Conditions
The House will vote tomorrow on raising the U.S. debt limit without conditions, Speaker John Boehner said today, giving in to Democratic insistence on a so-called clean measure.

Blogs                                                                                                                             
Heritage Foundation | Double-Whammy: The No-Debt-Limit-Bill Increases Spending and the Debt
The no-debt-limit extension bill that was introduced after 9 p.m. on Monday night manages to increase not just the debt, but spending as well.
WSJ | U.S. Firms Fret Over China Debt, Investment Rules
U.S. companies that do business in China are worried about investment rules that limit their growth there, as well as about the repercussions of rising levels of debt in the world’s second-biggest economy, a U.S. business group said Monday.