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Thursday, July 28, 2011

Debt-Ceiling Bill Goes to House Floor Today


“The U.S. House votes Thursday on a plan to avert an American default, but conservatives in the Republican-dominated lower chamber, Senate Democrats and President Barack Obama were all lined up against the measure.” (Associated Press)

A plan to make future increases in government spending a bit smaller.

FEE Timely Classic
“Deficit Spending and Future Generations: Not What You Might Think” by Roy Cordato