U.S. Economy

new debt


Wisconsin Senator Joseph McCarthy shakes a finger during his second appearance before the Senate Foreign Relations Subcommittee in 1950.

Photograph by Bettmann/CORBIS

Wisconsin Senator Joseph McCarthy shakes a finger during his second appearance before the Senate Foreign Relations Subcommittee in 1950.

Debate in Congress on a debt-reduction deal hasn’t advanced for more than a year because of conflicts on whether tax increases and entitlement cuts should be included. The senators said “real compromise” is needed and “all ideas should be put on the table” to stop the across-the-board cuts known as sequestration.
—Laura Litvan, “Senators in Both Parties Pledge to Craft Debt-Reduction Plan,” Bloomberg News, 24 September 2012.

… Pledge.

The essence of haiku is “cutting.” This is often represented by the juxtaposition of two images or ideas and a kireji (“cutting word”) between them, a kind of verbal punctuation mark which signals the moment of separation and colours the manner in which the juxtaposed elements are related.
—“Haiku,” Wikipedia.

new debt …
a senator leaps in
sequestration’s sound

discuss.

Keene hosts Bloomberg Surveillance 7-10 a.m. ET on 1130 AM in the New York metro area and nationally on SiriusXM 113.

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