(WASHINGTON) — The partial government shutdown and steep federal spending cuts helped lower the U.S. federal deficit last month, signaling more improvement in the government’s finances.
The Treasury Department says the government ran a deficit of $91.6 billion in October, down 24 percent from the same month a year ago. The decline …
Purdue University President Mitch Daniels called our debt, the “largest non military danger we’ve ever faced.”
‘If Congress does not act and the U.S. suddenly cannot pay its bills, the repercussions would be serious’
Country reaches borrowing limit on Oct. 17
Calls out GOP ‘grandstanding’
The former Republican candidate says there’s a better way to defeat Obamacare
Environmental groups are approaching the Keystone project much as the U.S. government fights the war on drugs. They are attacking supply rather than demand.
New NRCC ad shows why Republicans have a harder argument to make on the sequester than their Democratic opponents.
Platinum coins can’t make congressional Republicans disappear, and platitudes won’t make them cave. If Obama wants a debt ceiling deal, he’s going to have to pay a ransom.
White House Press Secretary Jay Carney refused to rule out the possibility of minting a $1 trillion platinum coin to solve the debt ceiling crisis. In a graphic, Republicans argue that the weight of the coin would have sunk the Titanic.
In Washington, consolation prizes–pleasing the base, appearing tough and strong, handling negotiations better–are really the only victories in town.
Here is a thought exercise. It’s 3013. You’re a historian, and you want to teach your students about the temporary dementia that gripped the political-media complex a millennium ago. I submit that you could do worse than to give …
During House Speaker John Boehner’s first stint in the leadership in the mid 1990s, just about the only adornment on the walls of his tiny Capitol Hill office was a portrait of Nicholas Longworth, the last Speaker from Ohio. …