In his press conference this afternoon, President Obama didn’t tell us much about his tax cut deal with Republicans that we didn’t already know. But in an impassioned, even testy defense of political compromise, he did reveal his clear frustration with liberal criticism that he’s a pushover and a sellout. And he ultimately positioned himself [...]
As first reported by Politico, Republican and Democratic Senate leaders are close to reaching a deal that would stave off impending cuts in Medicare reimbursements. To pay for the so-called “doc fix” – a perpetually vexing circumstance in which Medicare reimbursements would fall more than 20% without repeated congressional action – lawmakers may use $19.2 [...]
A few weeks ago the White House ponied up $4 billion in new spending to modernize the US nuclear complex at the insistence of Arizona Republican Senator Jon Kyl, who has been holding up Obama’s New START nuclear arms reduction treaty with Moscow. Democrats understood Kyl to have promised that he would support the treaty [...]
The Wikileaks dump has put some high government officials in, shall we say, rather awkward positions. But the flood of raw diplomatic cables may actually suit the purposes of one prominent foreign policy figure: John Kerry. The cables are filled with references to the Senate Foreign Relations Committee chairman’s active diplomacy around the world. And [...]
I’d solicit your questions, but Steve over at Curious Capitalist already did it better: Nearly a year ago, TIME magazine named Federal Reserve Chairman Ben Bernanke our Man of the Year. Even if you didn’t like the pick, you have to agree that Bernanke was a big player in both the government bailout of the [...]
President Obama tours Bio Tech Facilities at Forsyth Technical Community College in Winston-Salem, North Carolina, December 6, 2010. (REUTERS/Jim Young)
