Tag Archives | debt ceiling
Sen. Mike Crapo speaks to reporters about Simpson-Bowles debt commission in late 2010.

More Reasons Why Fixing the Debt Crisis Is Hard

The drumbeat of worry is growing as the US approaches the fiscal cliff, when the Bush tax cuts and Obama payroll tax cuts expire and automatic spending cuts kick in just as Congress debates extending the debt ceiling yet again.… More…

Congressional supercommittee meets in October 2011

Domestic Spending Already Has Been Cut–a Lot

When you listen to former Gov. Mitt Romney and other Republicans on the campaign trail, you’d think federal spending is out of control and still growing.  And, in a curious bit of jiu-jitsu, some even say that’s holding back the … More…

President talks about jobs & the economy

The President May Be Peaking Too Early

President Obama has been on a roll of late.

Unemployment has fallen steadily to 8.3%, and we’ve had 24 consecutive months—two years—of private sector job growth. The rate itself is much higher than previous presidents have faced going into re-election, … More…

2012 Predictions Graphic DonkeyHotey

Six Big Political Predictions for 2012

I wanted to take a quick break from the day-to-day primary and caucus coverage–it resumes in earnest when I head for New Hampshire Friday–to do my first post predicting what’s going to happen in politics in 2012.

Predictions, of course, must … More…

President Obama meets Congressional leaders

Another DC Deadlock

Here we go again.

A likely vote in the House of Representatives Tuesday will confirm what we already know: The bill passed by the US Senate extending the payroll tax cut is dead.

In a deal struck by Senate leaders Harry Reid and … More…

Rep. Jeb Hensarling (R-Tex.)

Congress Plays Chicken with Debt Again

UPDATED November 20th

It’s looking worse and worse… More…

President Sarkozy and Chancellor Merkel

Politicians Have Wrecked the Markets

On Friday, July 22nd, the Standard & Poor… More…

President Obama campaigning in San Francisco

Which Side Are You On?

The battle for President Obama… More…

President George W. Bush

Who’s the Biggest Spender of Them All?

Republican leaders and presidential candidates have blasted President Obama for adding more federal debt than any president in history.

And there… More…

Rep. Eric Cantor

The Party of Maybe

Democrats were smiling Thursday night as President Obama presented his latest jobs plan to a joint session of Congress, but Republican Congressional leaders were notably unhappy.

After all, they had put this president on the ropes and now he was … More…