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 [...]
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 [...]
We have arrived at crunch time. In 100 hours (give or take), the United States will no longer have money to pay the bills. Will the gas get shut off? Will we get harassing phone calls from China, Brazil, and Japan? No one quite knows. In an attempt to not find out, politicians in Washington, D.C., have been frantically negotiating, [...]
On Wednesday, as debt deal talks continued to consume most politicians inside the beltway, the 2012 GOP presidential hopefuls stepped away from politics as usual toward the politics of the future — a Twitter debate. With all of the quoting (read: retweeting), finger-pointing (read: @mentioning) and following (read: following) inherent in any political debate, the Republican contenders and their followers [...]
Vice President Joe Biden has been negotiating with leading congressional Republicans for weeks in an attempt to reach a deal on deficit reduction so that Congress will vote to raise the debt ceiling. The discussions have been taking place behind closed doors, so I had been holding out hope that these talks were going somewhere—anywhere. And I thought they were: [...]
The magazine National Journal does a survey each week called the Political Insiders Poll. In the June 4th issue, the editors asked insiders from both parties to answer different questions. Democrats were asked, “Who would be the Republicans’ strongest presidential nominee in 2012?” That list was short, with clear front-runners. The first choice was, as with the Republicans, Mitt Romney [...]
Last night was the first major debate of the 2012 Republican Presidential Primary. Seven candidates faced off to discuss issues ranging from economics to foreign policy and NASA to abortion. Below I offer my assessment of each candidate’s performance: Tim Pawlenty: In my opinion, Tim Pawlenty won the debate. He attacked Obama frequently, used colorful language (“stupid” and “chump”), and [...]
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