Friday, August 15, 2014


Bloomberg | U.S. Investment Outflow Hits Record as China Cuts Holdings
The U.S. posted a record cross-border investment outflow in June asChina and Japan reduced their holdings of Treasuries and private investors abroad sold bonds and notes.

Econ Comments & Analysis                                                                                            
Congressional Budget Office | Sequestration Update Report: August 2014
By law, the Congressional Budget Office (CBO) is required to issue a report by August 15 of each year that provides estimates of the caps on discretionary budget authority in effect for each fiscal year through 2021. Minor adjustments to the caps for 2014 have been made since CBO’s previous report on the topic, which was published in January 2014.