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Monday, June 23, 2014

Budget

News                                                                                                                             
CNN Money | Detroit gets $195 million closer to salvation
Detroit is getting a $195 million boost that will help end its bankruptcy nightmare and allow city retirees and art lovers to breathe a little easier.

Econ Comments & Analysis                                                                                            
Market Watch | 5 must-know retirement savings lessons
When it comes to investing for retirement in your 401(k) and the like, there are just five basic financial planning concepts you need to know. It’s that simple.

Blogs                                                                                                                             
CBO | Effects on Economic Growth of Federal Investment and Reductions in Federal Deficits and Debt
Following a hearing on the budget and economic outlook, a Member of Congress asked whether federal investment or reductions in federal deficits and debt would be better for achieving economic growth. Below is our answer (provided as part of a set of answers to questions for the record).
Daily Signal | Your Government Is Sending Your Money to These Less-Than-Friendly Countries
Did you know there’s a federal agency that loans taxpayer money to foreign governments and businesses to turn around and buy things from politically favored American companies? Not all of these foreign countries are exactly friendly. Our video shows where your money goes when the Export-Import Bank gets ahold of it.