Instead of taking on a new topic this week, I’m going to post a few quick follow up items to two of my last posts as well as a couple links to articles I found interesting or noteworthy.

Follow up items:

• In last week’s post on contradictions in the debt ceiling negotiations, I stated that the negotiations were progressing better than they might appear and that it was likely Republicans would eventually agree to increased taxes via the elimination of tax breaks. Then, on Thursday, Congressional Republicans pulled out of the debt ceiling negotiations over the issue of taxes.
  

  Whoops! It is now likely that President Obama will have to hammer out a deal directly with Speaker Boehner. While it is still possible that the final deal will include the elimination of tax breaks, I’m less confident than I was last week. This is due to the fact that Republicans have hardened their rhetoric around tax cuts and Democrats have seemed increasingly focused on getting additional economic stimulus (in the form of an employer payroll tax cut) into the final deal.

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