Things are getting tougher for those who believe the federal government can trim spending. Consider the case of the Alaska-based Denali Commission, a 1998 project of Senator Ted Stevens aimed at helping rural Alaskans by building power plants and providing job training and health care. As the Washington Post noted, the Denali Commission, “became…
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On December 26, one day after Christmas, Treasury Secretary Timothy Geithner broke a blockbuster story. On New Year’s Eve, December 31, 2012, the United States will reach its $16.4 trillion borrowing limit and will have to undertake “extraordinary measures” to avoid default. The debt ceiling had been troubling Steven Mufson of the Washington Post…
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