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Deficit

NEW YORK (CNNMoney) — Newt Gingrich’s economic plan would do a lot of things. But reducing the debt and balancing the federal budget aren’t among them.

Same goes for Rick Santorum’s and Mitt Romney’s economic plans.

Indeed, a preliminary analysis by the independent Committee for a Responsible Federal Budget released Thursday estimates that the three candidates’ plans could add between $250 billion and $7 trillion of debt over the next nine years.

Read more at CNNMoney.com.

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Forget deflation. U.S. consumer prices jumped in January for the second month in a row — and it wasn’t just soaring costs for gas and food. Americans are beginning to pay more for clothes, rents and travel, new data released Thursday show.

http://www.tennessean.com/article/20110218/NEWS08/102180353/Inflation-may-bad-consumers-good-deficit-jobs

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