Headline of the Year

Obama Defends Tax Cut Deal As Democrats Signal Opposition

Amid signs that Democrats in Congress might rebel against the tax cut deal he struck with Republicans, President Obama took to the airwaves today to defend it at the same time that his base is rebelling against it.

Obama’s Tax Cut Compromise: Masterful Politics, Or A Fatal Cave-In?

President Obama is already taking heat from the left for his compromise on tax cut extensions, but will it actually hurt him in the end?

President Obama, GOP Reach Tax Cut Extension Deal

President Obama and the GOP have reached a deal on extending the Bush tax cuts that gives the GOP virtually everything it wanted.

Why Democrats Are Losing The Tax Cut Debate

Democrats are losing the debate over the extension of the Bush tax cuts, but when you look at the playing field it seems pretty clear that that they never had a chance.

Line of the Day: Tax and Spend Edition

They aren’t going to stop, but the cliches that pass for debate sure are tiresome (plus some musings about the tax cut extension debate).

Senate Rejects Democratic Plans On Tax Cut Extension

The Senate rejected an effort to limit the extension of the Bush tax cuts based on income level. At this point, the only question is when Democrats will concede defeat on this debate.

Memo To Congress: It’s The Economy, Stupid

Today’s job numbers make it clear that Congress has only one duty, and that is to do everything it can to stimulate real economic growth.

Alan Simpson Fights Back Against Deficit Commission Critics

Former Senator Alan Simpson is fighting back against the critics on the left and the right who are shooting down the Deficit Commission’s plan before it’s even been released.

Little Public Support For Bowles-Simpson Deficit Reduction Plan

A new poll about the proposals coming out of the Deficit Commission makes it clear that the American public needs to grow up.

Bush Tax Cuts On The Table In December, Public Backs Democratic Position

Congress will vote on extending the Bush Tax Cuts in December, and new polling shows that the public agrees with Democrats that the cuts should be limited to the “middle class.”

How Would I Solve the Deficit

Here’s my plan for creating a budget surplus of $126 billion by 2015 and $592 billion by 2030.

Republicans Still Not Getting Specific On Spending Cuts

They’ve won the elections, but Republicans still aren’t getting specific about exactly where they’d cut Federal spending.

An Observation on the State of the Debate over Fiscal Policy

Instead of decades-old retreads like talking about abolishing the Department of Education, it would be nice if we had a real debate about the fiscal circumstances in the country.

More on Taxes and Incentives

More on Greg Mankiw’s thought experiment on taxes and incentives to work.

Democrats Punt On Tax Cut Extention

The Democratic Party seems to have decided that the best way to begin the final leg of the midterm election campaign is with a legislative cave-in of epic proportions.

The Risk of a Fiscal Crisis

The CBO sees a clear threat of a fiscal crisis during the next two decades unless we’re saved by magic ponies.

The High Cost of Immigration Enforcement

Both Congress and the Obama Administration have stepped up enforcement of immigration laws–at immense cost to both the budget and the courts.

Boehner Willing To Let Bush Tax Cuts Expire For Wealthiest Americans

The political fight over the extension of the Bush tax cuts took a very interesting turn today.

Homebuyer Tax Credits: The Return Of A Really Bad Idea

After several months of bad housing sales, politicians in Washington are starting to talk about bringing back one of the worst public policy programs of the last two years.

Greenspan on Extending the Bush Tax Cuts

Former Fed Chairman Alan Greenspan shared his views on extending the Bush tax cuts today on MTP.

House Fails To Repeal New 1099 Reporting Requirements

Everyone seems to agree that the new 1099 reporting requirements contained in the health care reform bill are a bad idea, but nobody wants to take the time to repeal them.

Political Fight Over Expiring Bush Tax Cuts Heats Up

Congress and the White House are starting to stake out sides in the upcoming battle over extending the Bush tax cuts.

Why Paved Roads Are Being Converted to Gravel

Is the left to blame for unpaved roads?

Did The Bush Tax Cuts Reduce Federal Tax Revenue ?

Recent debates over the economic and fiscal impact of the Bush tax cuts indicate that Republicans still haven’t learned the lessons of the Bush years.

It’s Not An Health Insurance Mandate, It’s A Tax !

In Court filings the Obama Administration is arguing that the health insurance mandate is a tax, and if they’re right the legal challenges to ObamaCare are dead.

Republicans Ready To Repeat The Same Mistakes All Over Again

If Jon Kyl’s recent comments are any indication, Republicans haven’t learned their lesson just yet.