According to former U.S. Comptroller General David Walker, the budget showdown and looming federal government shutdown is an irrational fight over a relatively insignificant issue. “It’s like politicians in Washington are arguing over the bar tab on the Titanic while we’re heading toward the iceberg ready to sink the More…
Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy.
Standing in the way of the Republicans’ reasoning, however, has been another More…
Despite yesterday’s bipartisan Senate vote on a $15 billion jobs bill, Republicans on Capitol Hill have been pretty much united in their condemnation of additional deficit spending as a remedy to the nation’s entrenched jobs crisis.
“The time has come,” Rep. Spencer Bachus (R-Ala.) said this week, “to More…
On Nov. 21, House Speaker Nancy Pelosi (D-Cal.) and Senate Majority Leader Harry Reid (D-Nev.) sent letters to Detroit’s Big Three automakers indicating that Congress would consider a Detroit bailout “provided that you submit a credible restructuring plan that results in a viable industry … while protecting taxpayer investments.” More…
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