Republican fiscal stewardship

GOP Is Not to Be Trusted with Adult Responsibilities

Two-Week Tantrum Epitomizes GOP’s Recovery-Strangling Refusal to Share in Work of Governing And so, after 16 days, after a $24 billion loss to the economy, and just hours before the United States was about to pass through its federal debt limit, with potentially...

Deliberate Fiscal Crisis 2013

“Governing by Near-Death Experience” and Other Observations * “This is all about stopping a law that increases taxes on rich people and reduces subsidies to private insurers in Medicare in order to help low-income Americans buy health insurance. That’s it. That’s why the Republican Party might shut down the government and default on the debt. […]

Debt Limit Hostage Crisis 2013: House Republicans Demand Goodies

There are some basic notions that undergird the operation of a democracy. When there’s an election, the candidate who gets more votes is the one who takes office. When a bill is passed through Congress and signed by the president, it’s now the law. And when you lose, you don’t get to demand that your […]

What a Deal

Is This What “Winning the Future” Feels Like? “Our enemies could not have designed a better plan to weaken the American economy than this debt-ceiling deal.” —Joe Nocera, “Tea Party’s War on America” (see below) “With all this incessant emphasis on deficit reduction,...