Manufacturing Slows In July, Stoking Slowdown Fears

Another round of economic statistics raises questions about the health of the economy.

Is the System Broken?

Did the debt ceiling debate reveal dysfunctional government?

Debt Deal Winners and Losers

Now that America’s political leadership have probably averted a self-inflicted global economic calamity, it’s time to assess the winners and losers.

Congressional Leadership And Obama Reach Deal To Raise Debt Ceiling

We have a deal in Washington. Now, the leadership just has to make sure it can pass Congress.

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Kill This Bill

Much like bills named for dead children, there’s a very high likelihood that any bill with “protecting children” and/or “pornographers” in the title is a) a very bad idea, b) a very stupid idea, c) of dubious Constitutionality, or, as here, d) all of the above.

Debt Deal Emerging

President Obama and Congressional Republicans have the outline of a deal to raise the debt limit past the 2012 elections.

The Debt Ceiling and the Imperial Presidency

Congress failing to raise the debt ceiling would involve abrogating an enormous amount of power to the Executive.

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Senate Blocks Boehner Bill, Focus Shifts To Reid Plan, McConnell Won’t Negotiate

The Senate killed the Boehner Plan but the debt ceiling crisis is still unresolved and the way out is murky.

Parliamentary Procedure and the Debt Ceiling Debate

How the reelection incentive and parliamentary procedure are affecting the debt ceiling debate in Congress.

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House Passes Boehner Debt Ceiling Bill 218-210, Senate Defeat Tonight Certain

It’s another Friday of drama in the debt ceiling crisis.

The Tea Party’s Utopianism Is Making It Irrelevant

By insisting on perfection in the debt ceiling debate, the Tea Party has made itself irrelevant to the process.

Speaking of Fidelity to the Constitution….

The constitutional purists in the Tea Party apparently do not understand either bicameralism nor separation of powers.

Boehner Bill To Be Amended To Please Tea Party, Thus Making It Totally Irrelevant

John Boehner’s debt ceiling plan is being amended. And not in a good way.

The Debt Ceiling Debate: Social Democracy v. Limited Government?

Charles Krauthammer claims we are in the midst of a great debate. I am not so sure.

Second Quarter GDP Shows Economy Slowing To Near-Recession Status

And you thought the bad economic news was over.

Can Boehner Lead House Republicans?

The failure of House Republicans to pass a bill that would have been dead on arrival in the Senate, anyway, raises questions about whether a deal is possible and whether John Boehner can lead his own coalition.

Tea Party Leader Tries to Explain Position on Debt Ceiling

He doesn’t do a very good job.

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Question For The Crowd: When, If At All, Does The Deal Get Made?

The rational thing to do is the make a deal that cuts spending and raises the debt ceiling. But how do we get there from here?

With Economic News Like This, Why Would Anyone Risk Crashing The Economy?

Economic figures released today demonstrate clearly why the irresponsible talk surrounding the debt ceiling must end.

How did we get to Trillion Dollar Deficits?

It is always useful to go inside the numbers.

Pessimism Concerning the House

The main problem remains the House.

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Is It All Over But The Blame Game? Or, Why I’m Thinking We’re Hosed

I no longer have any confidence that our leaders will act responsibly before the August 2nd debt ceiling deadline.

The Impact of the U.S. Defaulting

Christine Lagarde believes the impact could be large and global.

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How Obama Lost Control Of The Debt Negotiations

Barack Obama’s biggest enemy in the debt negotiations has been himself.