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Budget Battles

  • The Good News about Big, Bad Government Debt

    By Bruce Bartlett, The Fiscal Times

    As the late economist Herb Stein always used to say, trends that can’t continue don’t. This is widely known around Washington as Stein’s law. While obviously true, however, it tells us nothing about...

  • Will Geithner's Exit Affect the Debt-Ceiling Battle?

    By RACHELLE YOUNGLAI, Reuters

    Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its...

  • Justin Bieber Takes On the Banking Industry

    By Minyanville Staff, Minyanville

    The Canadian pop star and general of a Twitter army is the latest celebrity to promote a prepaid debit card.

  • Fractious GOP House Passes Senate Tax 'Cliff' Bill

    By Josh Boak and Eric Pianin, The Fiscal Times

    GOP civil war broke out on Capitol Hill during New Year’s Day as House Republicans initially spurned a Senate-passed fiscal cliff deal brokered by Senate Republican Leader Mitch McConnell of Kentucky...

  • Details of Senate Fiscal Cliff Tax Deal

    By Eric Pianin

    Here is a summary of the fiscal cliff agreement approved by the Senate early Tuesday morning by a vote of 89 to 8. The House is set to vote on the plan today, and this is not a slam dunk. Many house...