Latest
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MARKETWATCH THIS WEEK Is It Good to Be A Safe Haven?
Read moreU.S. markets continued to be dominated this week by the continuing roller coaster ride from the Greek (and eurozone) debt crisis. More positive U.S...
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Bills Bills Bills: Extenders and Supplementals
Read moreNext week, House Democrats intend to introduce a package of aid to states, extended unemployement benefits, and tax break extensions. This "must-pass"...
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Congressman Eric Cantor Introduces YouCut
Read moreYesterday, House Minority Whip Eric Cantor (R-VA) launched a new project - YouCut. YouCut allows people to vote online or from their cell phones on...
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Lessons from Portugal: A Way Forward from our Fiscal Impasse for U.S. Political Leaders
Read moreInspiration can come from the most surprising places. Take Portugal, for instance. (Granted, there are major differences between the U.S. and...
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Pearlstein Comes Out with His Own Fiscal Plan
Read moreToday in the Washington Post, Steven Pearlstein took the " Deficit Challenge", proposing his own plan on how to reduce future deficits through a...
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Fed Restarts Foreign Currency Swaps
Read moreIn a release late Sunday night, the Fed announced that it has agreed with other major central banks to reopen foreign currency swap lines in order to...
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CBO's Monthly Budget Review: Higher Deficit than Last Year but with Signs of Hope
Read moreThe Congressional Budget Office (CBO) issued its Monthly Budget Review late last week. CBO reports that the federal government incurred a deficit of...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The Chicago Tribune criticized both parties for reckless spending...
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Why This Isn't Just a Greek Problem
Read moreThe 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
Read moreFrom 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
Read moreEuropean 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
Read moreIt wasn’t enough that we had a lot of impressive economic news this week (including today’s solidly positive employment numbers – even though...