Latest
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Why This Isn't Just a Greek Problem
The EU and IMF just recently agreed to provide a nearly $1 trillion rescue fund for European countries facing troubled fiscal waters. Meetings over...
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‘Line’ Items: Greek Tragedy Edition
From Sophisticated to Sophocles – The untangling of the complex web of financial manipulation and deceit arising from the “hidden debts” controversy...
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Greece and the United States: The Importance of Having a Credible Fiscal Framework
European leaders are meeting tonight to talk about Greece and the eurozone crisis. According to press reports, they will likely agree upon and...
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Marketwatch Update: The US as Safe Haven Returns - but Technical Glitches May Have Also Kicked In
It wasn’t enough that we had a lot of impressive economic news this week (including today’s solidly positive employment numbers – even though...
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Bill of Extenders and Tax Breaks May Include Doc Fix
Policymakers will soon be focusing on passing a new package of extenders and tax breaks that – at a potential cost of around $200 billion over ten...
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Debt Crisis Looming; Political and Market Risks Run Large
Yesterday, The Committee for a Responsible Federal Budget hosted a chilling conference on “What a Fiscal Crisis Would Look Like in the U.S.” An all...
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Rethinking TRICARE Benefits
Admiral Roughead (Navy), General Conway, (Marine Corps) and Admiral Allen (Coast Guard) all took the spending challenge today, arguing that retired...
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CAP Takes the Spending Challenge
The Center for American Progress recently discussed what it would take to meet the President's fiscal goal of a primary balance in 2015, or finding...
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‘Line’ Items: Derby Edition
Super Saver Cashes In – Those who couldn’t resist the irony of betting it all on a horse named Super Saver were rewarded handsomely on Saturday as the...
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Does the Health Care Bill Cost More Than We Thought?
Last week the Office of the Medicare Chief Actuary came out with their " Estimated Effects of the Patient Protection and Affordable Care Act," as...
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Market Watch Update: April 26-30
As of mid-day Friday, April 30, the government bond market was on track to have a good week, with prices up (and therefore yields down, because they...