“A bipartisan effort in the Senate to allow President Obama to raise the federal debt ceiling in exchange for about $1.5 trillion in spending cuts over 10 years gained momentum Sunday, as leaders agreed they would have to act in the next two weeks to avert a potential default by the U.S. government.” (Washington Post)
Passing the buck.
FEE Timely Classic
“Does Government Always Have to Grow?” by Stephen Davies