Fear of downgrade spreads around capital
Driving the news today is what Politico says is worrying Congress and the President more than default: a credit rating downgrade.
IMF releases check-up of U.S. economy
Yesterday, the International Monetary Fund held a press conference to mark the release of its 2011 U.S. Article IV Concluding Mission Statement, an annual check-up of the U.S. economy.
CBO: "Such a path for federal borrowing would clearly be unsustainable"
The Congressional Budget Office released startling new numbers today on the U.S.’s long-term fiscal outlook.
Fiscal Cheat Sheet: Unsustainable Spending
We thought it might be helpful to re-release our “Fiscal Cheat Sheets,” which outline key economic and fiscal repercussions of government overspending. Please see below for an excerpt from “Unsustainable Spending.”
Our spending trajectory is unsustainable
An opinion piece in Forbes by Brian S. Wesbury and Robert Stein asks an important question: when is government spending necessary, and when is it not?
