Category Archives: State and Local Government

House Budget Chief Ryan Channels His “Inner” Angela Merkel

Bloomberg is reporting Angel Merkel Rep. Paul Ryan, Republican “Young Gun”and new House Budget Committee chairman,  says he and his party won’t bailout states who are facing potential defaults.   Just after the November election we posted this was coming. Listen … Continue reading

Posted in Budget Deficit, Economics, PIIGS, Sovereign Debt, Sovereign Risk, State and Local Government | 2 Comments