Right now, I’m on vacation. I am quite certain of this fact (the sound of waves crashing on the beach gives it away). And that certainty indicates that I’m not qualified to be a member of the United States Congress. Here’s the deal: President Obama wanted to appoint Richard Cordray as the head of the Consumer Financial Protection Bureau. Well, actually, [...]
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 [...]
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 [...]
Welcoming and warning the new Congress in the new year, University President Amy Gutmann and Harvard professor Dennis Thompson recently called for increased political compromise in light of bipartisan outrage over President Barack Obama’s tax deal. According to Gutmann and Thompson, the recent retreat away from the principles of political compromise is a result of lawmakers’ permanent campaigning. They explained [...]
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