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Is CBO Being Honest?

Economist Lan T. Pham says she was fired from the Congressional Budget Office for “producing work at odds with Wall Street research favored by her supervisors. In a letter written to Sen. Charles Grassley, Ms. Pham says that the CBO, which is supposed to be a...

Harrisburg Set to Default

Harrisburg says it will miss general-obligation bond payments for the first time next week as its receiver seeks approval for a plan to sell assets. The city, carrying a debt load of more than five times its general-fund budget, will miss $5.27 million in bond...