BERLIN — President Obama’s push for additional economic stimulus is not just hitting a wall in Congress. The president has also been rebuffed by the largest European countries — with potentially profound consequences for the U.S. economy and Obama’s national agenda.
[Economy1] In the run-up to the G-20 summit in More…
When it comes to President Obama’s 2011 budget, Republicans deplore deficits. They don’t like spending money (even if it’s to help Americans struggling to find work or keep their homes) except when they can extol the virtues of the pork projects the Democrats’ votes help them bring home. But they More…
Here’s an interesting response from Sen. Charles Grassley (Iowa), senior Republican on the Finance Committee, when asked by a reporter this morning whether Congress intends to pay for the wars it’s launched, or continue to borrow the money and pile onto federal deficits.
Defending America is a number
In a welcome break from past policy, the Obama administration last week announced that it will abandon a handful of deceptive budget gimmicks used perennially by the Bush administration to make federal deficits appear much smaller than they actually were.
Among those gimmicks, Bush & Co. would tally the More…
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