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Thursday, September 11, 2014

Budget

News                                                                                                                             
CNN Money | 40 million Americans now have student loan debt
Thanks to climbing tuition and inadequate college savings, 40 million Americans now have at least one outstanding student loan, according to new analysis from credit bureau Experian. That's up from 29 million consumers in 2008.

Econ Comments & Analysis                                                                                            
Market Watch | Opinion: More military spending could actually save the U.S. money
I was in a meeting of the National Economic Council staff in the West Wing of the White House on Sept. 11, 2001, when the planes hit the World Trade Center. Not only did terrorists destroy the twin towers, damage the Pentagon and kill 3,000 people, but they also forced the U.S. to spend additional billions on defense, swelling the deficit.
The Daily Signal | The Five Most Troubling Things in Congress’ New Spending Bill
Yesterday evening, the House of Representatives released its stopgap spending measure which blindly continues the bloated spending in the January omnibus bill that included special-interest handouts, wasteful and unnecessary energy spending, and transportation boondoggles.
Mercatus Center | CBO Updates Budget and Economic Outlook: 2014 to 2024
This week’s charts use data from the Congressional Budget Office’s (CBO) recently released update to its Budget and Economic Outlook to show the trends and components of projected revenue and outlay increases.
Forbes | Hairball: The Cost Of Federal Regulation To The U.S. Economy
Before the National Association of Manufacturers even had a chance to release their important new report today on the aggregate annual cost of federal regulations, left-wing groups decided to attack the numbers.