US Capitol Rotunda US Capitol Rotunda

Another Debt Ceiling Debacle Before The Election?

We may have to deal with the debt ceiling again before the November elections.

Republican Senators Leading Effort To Halt Automatic Pentagon Cuts

Not surprisingly, Republicans are trying to reverse the automatic cuts to defense spending agreed to in August.

CBO Forecast: Trillion Dollar Deficits, Slow Growth, And High Unemployment

The latest projections from Congressional Budget Office are sobering to say the least.

The Impeachment Crisis Of 2015?

Could things possibly get worse on Capitol Hill? Grover Norquist seems to relish the possibility.

The Truth About The So-Called “Buffett Rule”

On it’s own, the so-called “Buffett Rule” is unlikely to do much to reduce the deficit.

Mitt Romney’s Tax Returns: Much Ado About Very Little

The reaction to the release of Mitt Romney’s tax returns is about what you’d expect.

The House Republicans Lost Because They Deserved To Lose

Thanks to their own ineptitude, House Republicans suffered a big defeat this week. They totally deserved it.

US Capitol Rotunda US Capitol Rotunda

The Truth About The Coming “Cuts” To Defense Spending

Don’t believe the fear mongering about the coming decreases in the growth of defense spending.

US Capitol Rotunda US Capitol Rotunda

Remember That Ban On Earmarks? Apparently, Some Congressmen Don’t.

The much celebrated ban on earmarks isn’t stopping Congressmen from trying to earmark.

Blaming Grover Norquist

Grover Norquist has become the target of blame for problems that are far more deep than just one man.

US Capitol Rotunda US Capitol Rotunda

With Super Committee Dead, Showdown Likely Over Defense Cuts

With the Super Committee dead, 2012 is likely to see a fight over the defense cuts set to take place starting in 2013.

US Capitol Rotunda US Capitol Rotunda

Supercommittee Headed For Unsurprising Failure

Not surprisingly, the Supercommittee is a Super Failure.

Taxing The Rich Won’t Alleviate Income Inequality

Increasing taxes on the rich may be a fiscal policy worth talking about, but it won’t make the poor richer.

Super Committee Super Deadlocked

Not surprisingly, the “Super Committee” to deal with the deficit isn’t making much progress.

US Capitol Rotunda US Capitol Rotunda

Welcome To This Month’s Edition Of Congressional Dysfunction

FEMA is about to run out of money, but don’t worry your Congressman is getting his vacation time in.

Polls Indicate Strong Public Support For President Obama’s Jobs And Tax Proposals

The public supports the Presidents tax plans, but will that matter on Election Day?

A Great Argument For Raising Taxes From Bill O’Reilly

Bill O’Reilly makes a convincing argument for raising taxes on the wealthy.

“Soaking the Rich” in Perspective

Some perspective on “soaking the rich.”

Most Tax Breaks Go To Middle Class Households, Not “The Rich” Or Corporations

We won’t solve our fiscal problems by soaking “the rich.”

Obama Jobs Plan To Include $447 Billion In Tax Increases

The “how to pay for it” part of the President’s jobs plan seems destined to be rejected by the GOP. Which may be exactly what the President wants.

I Thought Tax Cuts Were the Elixir that Heals all…

Many in the GOP do not like the idea of extending payroll tax cuts.

An Outside the Box Stimulus Package: Stop Collecting Federal Taxes For Awhile. Period.

Karl Smith does the math and doesn’t see why the Federal government should be collecting ANY taxes right now.