Ryan: “We Want to Avoid a Debt Crisis”
The Republican chairman of the House budget committee says his spending plan would levy taxes “in a fairer way.”
Fiscal Issues
Greek Debt Agreement Met With Cautious Optimism
Having reduced its gargantuan debt burden, the Greek government can say, from here, things will get better.
Dutch, German Left Demand Concessions on Fiscal Treaty
Governments in Germany and the Netherlands need opposition support.
Obama Turns Tax Reform into Election Issue
The president’s tax plan doesn’t level the playing field. It picks different winners and losers.
Ryan Criticizes Obama Budget, “Ducking Responsibility”
The Republican congressman says the president “isn’t even trying” to meet the nation’s fiscal challenges.
Obama Offers No Fresh Hope of Fiscal Consolidation
The president says he is prepared to make the “tough choices”. Again.
Spain’s Deficit Higher Than Expected, Taxes Hiked
Spain’s new government embarks on an austerity agenda with budget cuts and tax increases.
There is No Political Solution to Europe’s Debt Crisis
Europe’s sovereign debt crisis isn’t coming to an end until its political class recognizes that a recession is unavoidable.
US Lawmakers Avoid Shutdown, Fight Over Taxes
The parties agreed to a measure that will keep the government funded through next year but still fight over taxes.
European Fiscal Compact Could Be Challenged
Despite Germany’s push for a European fiscal compact, events may trigger a serious deviation from the proposed path.
Coburn, Conrad Discuss Payroll Tax Cut Extension
Two top senators agreed that a tax cut would probably be extended but neither was looking forward to a compromise.
Why Republicans Won’t Agree to Raise Taxes
Democrats insist that tax rates increase for high income earners but Republicans have seen this movie before.
Top Democrat: We Could Have Deficit Deal
John Kerry argues there could be a deficit reduction if only Republicans agree to raise taxes.
More Tax Increases in France to Balance Budget
The conservative prime minister, François Fillon, unveils another €7 billion worth of austerity measures.
Competing Tax Plans in GOP Primary Race
Texas governor Rick Perry’s proposal for a flat tax could win him back support from Republican primary voters.