Friday, January 16, 2015


Bloomberg | Obama Said to Seek 7% Budget Boost, Setting Up Fight With Congress
President Barack Obama will ask Congress for as much as $68 billion more than current budget limits in fiscal 2016, according to two people familiar with the administration’s proposal.

Econ Comments & Analysis                                                                                            
Wall Street Journal | The Other Debt Bomb in Public-Employee Benefits
Public-pension funds have garnered attention in recent years for being underfunded, but a more precarious situation has received much less notice: health-care obligations for public retirees.