Econ 101: February 21, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • Eurozone leaders have cut a deal to give Greece a €130 billion bailout, with Athens committing to deep budget cuts and Greek bondholders accepting stiff losses. [Reuters]
  • Congress’ approval of a deal to extend the payroll tax cut may mean that the debt limit will need to be raised again before the November election. [The Hill]
  • High school dropouts continue to fall behind, even as the economy mends. [Wall Street Journal]
  • The Consumer Financial Protection Bureau is taking aim at fine print. [CNN Money]
  • Congressional Republicans and the White House inch towards a corporate tax overhaul. [The Hill]
  • How money meant to aid homeowners will instead go towards demolishing vacant homes. [Huffington Post]