If you read an article in the last six months that mentioned Mitt Romney, it probably referred at least once to the inevitability of his nomination. Indeed, if you believed everything — or anything — you read, you’d think that the Republican primaries were just some sort of stimulus package for the political opinion industry, designed to keep pundits and [...]
Earlier this evening, Speaker John Boehner announced that House Republicans will support a two-month extension of the payroll tax cuts. With a call for a final vote Friday morning, Boehner and the GOP leadership have abandoned their current push for a one-year extension of the cuts in order to pass the stopgap provision and end the political battle in time [...]
Tonight, CNBC is hosting, along with the Michigan Republican Primary, a Republican presidential debate focused on the economy. The debate is hosted by Maria Bartiromo and John Harwood at Oakland University in Rochester, MI. The participants include the now-established GOP candidates: Rick Santorum, Michele Bachmann, Newt Gingrich, Mitt Romney, Herman Cain, Rick Perry, Ron Paul and Jon Huntsman. A series [...]
Let’s play a game I call six degrees of Mitt Romney’s lawn. I say a person’s name, and you guess how many steps it takes to link him or her to the front yard of the frontrunner. We’ll start with an easy one: columnist Gail Collins. Collins writes about Romney’s dog (and his trip on a car roof) a lot, [...]
The media has convinced Herman Cain that he’s important. They’re good at that. Unfortunately, now he’s gone on an interview rampage, showing America just how stupid he is. He’s laid out his brilliant 9-9-9 tax reform plan that will apparently save the economy. It represents a 9% tax on all consumer purchases, a 9% business tax, and a 9% income [...]
When the recent debt deal was announced, the Republican candidates for the presidential nomination were expected to take a stand. Some made a statement early while others took longer. But in the end, every candidate but one (Gov. Jon Huntsman) came out against the deal. In other words, the average Republican presidential candidate is at the conservative end of the [...]
On August 2, the day the nation’s debt ceiling deal was finally enacted, we were given yet another example of how true moderation has ceased to exist in America. The deal inexplicably ignores reality by withdrawing $1 trillion from the economy despite pallid growth rates and cutting federal benefits for the unemployed despite soaring unemployment rates. It insists that we [...]
As far back as November President Obama was aware that Congress was going to have to raise the debt ceiling. It’s anyone’s guess why he thought it better to wait until the 112th Congress was seated in January, but he did. He was rewarded with weeks of grueling negotiations resulting in a deal passed by Congress on the final day [...]
With less than two days to go, Congress and the White House have moved in an expected direction on the debt crisis talks, producing few surprises along the way. On Friday night, House Speaker John Boehner (R-OH)’s version of the debt limit bill finally passed in the House on a 218-210 party-line vote, with no Democrats voting “aye” and 22 [...]
Here we are — four days until the federal government hits the debt ceiling and Washington remains under lockdown as a debt limit increase bill has yet to be passed. The struggle, of course, is not over whether the debt ceiling will be increased — both parties are of the consensus that the limit must go up — but over [...]
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