deficit reduction

What John Boehner Wants From the Deficit Supercommittee

Back in May, when Democrats and Republicans in Congress were in the early stages of jockeying for position in the impending debt debacle, John Boehner went to the Economic Club of New York to deliver an ultimatum. The federal debt ceiling wouldn’t be raised, he said, unless the spending cuts in the deal exceeded the size of the hike. …

The Launch of the 2012 Spin

Here’s what we learned today: Whatever action Congress takes on the debt ceiling and deficit reduction will be the last significant work Washington does before all pretenses are abandoned and campaigning for 2012 begins in earnest.

In the next four to six weeks, Congress must pass a measure raising the debt ceiling as the …

Why The Deficit Commission?

The president’s “National Commission on Fiscal Responsibility and Reform,” chaired by Democrat Erskine Bowles and former Republican Senator Alan Simpson, held its first official meeting this morning at the White House. Speaking about the endeavor, Obama pointed to the challenges financial crisis and economic downturn thrust on the …

Alan Simpson vs. The Deficit. Again.

Back in the days when I first arrived in Washington, Senator Alan Simpson of Wyoming was one of my favorite people to seek out. That was pretty much the case with just about every other reporter in town, too. Simpson was always good for a salty quote; more importantly, he had a way of looking at things that made you consider them in a …