Oops! Reinhart-Rogoff Research Tripped Up by Typo
A simple Excel spreadsheet error punches a hole in a highly cited economic paper by Carmen Reinhart and Kenneth Rogoff that has been used to bolster policies favoring restraint in government spending.
Congress’ Next Slugfest: Debt Ceiling, 3 Battling Budgets
Now that the government is funded through September, Congress must tackle the debt ceiling and three separate budgets, says Andy Friedman of The Washington Update.
Retiree Entitlements ‘Undermine’ Everything Else: Robert Samuelson
Washington Post columnist Robert Samuelson took a scorched-earth approach on Monday to what he sees as out-of-control entitlement spending.
Paul Ryan’s Budget: Something for Everyone (to Criticize)
"The president promises big government and Ryan promises smaller big government,” a Cato Institute analyst says, while others say cuts are still too big.
House Passes Fiscal Cliff Bill, Averting Plunge—for Now
House passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.
After Obama Victory, How the New Government Is Shaping Up for Advisors: Updated
Some notable newcomers—Elizabeth Warren, for one—join Congress, which remains divided between the two parties as fiscal cliff, tax issues come to fore of national agenda. FPA and FSI's leaders and lobbyists weigh in on what's next.
President Romney’s Cabinet: Who Would He Choose?
If Gov. Romney wins the election, his Cabinet will take a very different direction on economic policy than Obama’s. Here are some of the choices to head those key posts.
How Obama’s and Romney’s Tax Plans Will Affect Your Clients
Beyond the debate hype, what President Obama and Gov. Romney really propose on taxes, and what those proposals will mean for your clients.
Taking Sides: Will Wall Street’s Generosity to GOP Continue?
In the 2008 presidential race, Barack Obama had a substantial edge over John McCain in raising money from Wall Street. That advantage has not only evaporated for the president in the current race, but has reversed dramatically.
Advisor Poll Shows Growing Confidence in Romney Win
In a poll conducted in mid-June, 52% said Romney would win the election.