Economy
Latest
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‘Line’ Items: Dreams and Schemes Edition
Read moreCan 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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Bernanke Talks Debt before Senate Budget Committee
Read moreThe Senate Budget Committee heard testimony today from Ben Bernanke, chairman of the Federal Reserve. Opening remarks were made by committee chairman...
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MARKETWATCH: December 13– December 16, 2010
Read moreNearing 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
Read moreWith 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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MarketWatch: December 6 - December 10, 2010
Read moreMarkets this week have been dominated by the White House announcement of a fiscal package deal with Republican Congressional leaders that would add...
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So, How About That TARP?
Read moreLast week, we reported the good news from the Congressional Budget Office that the Troubled Asset Relief Program (TARP) would cost $25 billion...
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Markets’ Initial Reactions to the New Fiscal Compromise
Read moreFinancial markets have reacted to the new tax cut deal between the White House and Congressional leaders which would add some $800-900 billion to our...
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Steven Pearlstein Joins the Announcement Effect Club
Read moreAfter the addition of the Fiscal Commission to the Announcement Effect Club last week, Steven Pearlstein of the Washington Post kept the membership...
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The Center for American Progress Gets Specific
Read moreToday, the Center for American Progress released a plan to get specific on our growing deficits and debt. Or, rather, they've released five...
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MARKETWATCH: November 29-December 3, 2010
Read moreWhat a week it’s been. Just look at the ups and downs of the yield on the benchmark 10-year Treasury note. The week started with the safe haven play...
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Fed Vice Chair Yellen on Fiscal Responsibility
Read moreAs they read over the draft Fiscal Commission plan released today, many politicians will wonder why in the world should they agree on a plan – any...
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'Our Fiscal Security' Gets Specific
Read moreYou might have missed it last week if you were preparing to chow down on some turkey, but Our Fiscal Security (OFS)--a joint project of the Economic...