More happy news from the debt and deficit front as Treasury officials are warning about the wave of debt payments that are coming due, and the probability of an increase in interest rates that will make financing our debt even more difficult.

Meanwhile, Paul Krugman is disappointed that the President is not proposing even more in Federal stimulus money.

The health reform bill passed the first test in a procedural vote on Saturday night, but there is a lot of evidence that it will not survive the process.

We can only hope it fails, because if it succeeds we will simply be transferring even more wealth from the young to the old, at least according to Robert J. Samuelson.