The House voted 329-91 last week to approve a continuing resolution (CR) to fund the government through March 27 at a level that is consistent with the $1.047 trillion cap included in the Budget Control Act. The Senate is expected…
Two prominent bipartisan groups produced comprehensive plans in late 2010 to put the federal budget on a sustainable course. On Monday the group’s four co-chairs explained how they did it – and hoped that elected officials would eventually follow their…
Today’s extremely low interest rates on U.S. Treasury bonds reflect the widespread belief that they hold little risk. But recent research and analysis by Marc Joffe, a former Moody’s analyst, raises the possibility that bond markets are underestimating the risks…
