All Commentary
Monday, August 1, 2011

“Framework” Reached on Debt Ceiling


“Congressional leaders of both parties and President Obama said they have agreed to a framework for a fiscal deal that they will present to their caucuses Monday morning, moving Congress closer to taking up a measure that could pass both the House and Senate with bipartisan support and be signed by President Obama, averting a fiscal calamity.” (New York Times)

Solving a debt problem with more borrowing.

FEE Timely Classic
“The Evil of Government Debt” by Sheldon Richman