This article talks about how House speaker John Boehner has offered to extend the debt limit for a year in order to reduce the deficit. This has to do with what we are learning in economics because we recently learned about fiscal cliffs.

This article relates to economics because it is talking about how Obama, by saving the auto industries, also saved more than 1 million jobs. It also has a lot to do with economic freedom, because in this circumstance, Obama did not give the auto industries the chance to fail, and the government is now moe involved in the business.