Weekly Perspective July 25, 2011

The Markets How did our federal budget deficit become so large that we find ourselves in this political quagmire over raising the debt ceiling? In testimony before Congress last month, Congressional Budget Office Director Douglas Elmendorf laid out a few key points...

Weekly Perspective July 18, 2011

The Markets   Will they or won’t they? Republicans and Democrats are squabbling over raising the federal debt ceiling and jeopardizing a projected August 2 drop-dead date for avoiding a default on part of our outstanding debt obligations. Both parties agree that...

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