Archive - Feb 24, 2013 - Story
What Italians Are Saying About The Election In Real-Time
Submitted by Tyler Durden on 02/24/2013 10:30 -0500
For those who want to get a sense of who the leading candidate in Italy is, at least based on concurrent mentions on Twitter, here is an application that tracks candidate references in real-time. Needless to say, Grillo and Berlusconi are head and shoulders above the rest.
The Other Sequestration That No One Is Talking About
Submitted by Tyler Durden on 02/24/2013 10:02 -0500
The 2011 failure of the Super Committee produced a sequester that reduces budget authority in FY2013 by $85bn; resulting in estimated actual spending cuts of $42bn. What is less commonly known is that in FY2013 there is also a second sequester. The math behind the second sequester is even messier than the Super Committee sequester, but the bottom line is that it adds to the fiscal pain and highlights the complexity of the budgetary process.
