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‘Line’ Items: Dreams and Schemes Edition
Can Dreams of Cooperation be Fulfilled? – Yesterday the nation celebrated the legacy of Dr. Martin Luther King, Jr. His vision of unity and...
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MARKETWATCH: December 13– December 16, 2010
Nearing the end of the week, markets are still wrestling with the same cross-currents they faced last week, but with a new wrinkle - Spain. The growth...
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Moody's Warns U.S. over Tax Cut Deal
With the Senate getting past a procedural vote in approving the tax deal, it appears more and more likely that this deal will soon become law. With...
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China: Nervous over US Policy Management
As taxpayers, politicians, journalists and wonks grapple with the wide-ranging fiscal plan launched by the chairmen of the President’s debt commission...
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Standard and Poor's Upgrades British Debt Outlook
Today, Standard and Poor’s reaffirmed their rating of the U.K.'s AAA debt instruments in response to the UK’s recently devised fiscal consolidation...
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‘Line’ Items: Emmy Edition
From Red Carpet to Red Ink – The Emmy Awards last night celebrated the best in TV. In Washington, the plotlines are still being written for this fall...
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S&P Warns U.S. About Credit Rating
Credit-rating agency Standard & Poor’s has a message to U.S. policymakers: We are watching you on the growing national debt. In an interview today in...
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The Show Isn't Over Yet
Recent fiscal performances have been a mixed bag. The troubled Greek government finally pushed through significant pension reform, but doubt still...
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Debt Downgrade for Greece (and Portugal)
In previous blogs, we have discussed how the three credit rating agencies have hinted that the United States needs to get its debt under control (see...
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Sovereign Risk Jitters
For budget and market watchers, the month of March has been a little scary. It is not easy to come out of the deepest recession and financial crisis...
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Moody's Emphasizes the Importance of Debt Affordability and Debt Reversibility
On Monday, Moody’s Investor Service released i ts quarterly report (courtesy of Zero Hedge) on government debt held by large countries with the...
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If You Think Snowmageddon is Bad, Blizzard of Debt Will be Worse
Experts concerned about the nation’s fiscal and economic outlook braved the snow yesterday to participate in a Senate Budget Committee hearing on...