| May 16, 2011 | Economy / BusinessThe Kabuki tradition in Congress over raising the federal government’s debt ceiling is in full flower. It’s a more reliable Washington ritual than the Cherry Blossom Festival. Here’s how it goes: The president, whoever he is, says: “It’s...
| Apr 25, 2011 | Economy / BusinessThe Barefoot Conservative Nation descended on Washington in April like a wolf on the fold. Libertarians, creationists, birthers, Birchers, flat-taxers, string savers, and tin foil collectors–all the wonderful groups that make up the tea party’s...
| Apr 18, 2011 | Economy / BusinessRepublicans have criticized President Barack Obama for his “failure to lead,” particularly when it comes to shrinking the budget deficit. Well, the other day he led. He offered up a long-term plan for controlling the deficit while protecting programs that...
| Dec 6, 2010 | Economy / BusinessHow would you spend $700 billion? Congress has to decide this month. One simple solution would be for Congress to extend the Bush-era tax cuts for households with incomes over $250,000 for another decade. That would use up all $700 billion. I feel bad for Congress....