Reason Morning Links: Tax and Spend Edition

Jesse Walker | June 19, 2009

• The Treasury prepares a record-setting debt auction.

• The Senate passes a "cash for clunkers" bill.

• The House ponders new revenue streams. Among the options: a new tax on soft drinks, a higher tax on alcohol, an increase in the income tax, an increase in the payroll tax, and a VAT.

• A jury tells a Minnesota woman to pay record labels $1.92 million for swapping 24 songs online.

• The Pentagon perceives public protests as "low-level terrorism."

• Ayatollah to protesters: Cut it out.