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Tactical Retreat In The Budget Wars

When it comes to beating back extremists, I'm all in favor of living to fight another day, so the idea of kicking the can down the road on some horrible debt deal never seems like the worst thing that could happen. But I can't figure out why everyone seems to believe...

The Debt Sequester Mash Up

Krugman says that he gets phone calls: The White House insists that it is absolutely, positively not going to cave or indeed even negotiate over the debt ceiling — that it rejected the coin option as a gesture of strength, as a way to put the onus for avoiding default...

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