Green Light for Detroit Bankruptcy: Time for Unions to Come to the Table
Federal Judge Steven Rhodes’s ruling to allow the City of Detroit to proceed with its bankruptcy filing is a welcome—even momentous—occasion for Detroit. It means… Read More
Federal Judge Steven Rhodes’s ruling to allow the City of Detroit to proceed with its bankruptcy filing is a welcome—even momentous—occasion for Detroit. It means… Read More
Detroit is the poster child for economic decline. The city’s policies and politics over the past half-century should serve as a “do not” guide for… Read More
Detroit’s bankruptcy petition last week was far from a surprise, but what should be noted is that it is the first of what will likely… Read More
The city of Detroit filed for Chapter 9 bankruptcy protection yesterday with some $18 billion in debt, making it the largest municipal bankruptcy in the… Read More
Today, the Equal Pay Act becomes middle aged. This law made it unlawful to pay women lower wages based on sex. It was passed in… Read More
In a refreshing break from tradition, the House Appropriations Committee approved a $967 billion discretionary spending plan that would stay within the fiscal year 2014… Read More
When the President’s budget comes out Wednesday, it will complete the last piece of the budget puzzle, as the House and Senate have each duly… Read More
At first look, the budget unveiled today by House Budget Committee Chairman Paul D. Ryan (R-WI) advances much-needed reforms and importantly accomplishes the crucial goal… Read More
The debt ceiling is bearing down on Washington. As with most such momentous occasions, plenty of partisan potshots have been exchanged, like this whopper from… Read More
Volleys of negotiating counter-offers are coming in faster now that Christmas break and the looming fiscal cliff are just around the corner. While there is… Read More
News
The latest fiscal cliff proposal by Speaker of the House John Boehner (R–OH) is infuriatingly frustrating to conservatives, again. In exchange for $1 trillion in… Read More
Late Monday afternoon, the House Republican leadership lofted its latest offering to address the fiscal cliff. The kindest conservative response possible to this proposal is… Read More
The House Republican leadership has offered a substantive counteroffer to President Obama’s frivolous fiscal cliff proposal of last week. At first blush, it appears little… Read More
Let’s talk taxes. In a New York Times op-ed yesterday, famed investor and Berkshire Hathaway CEO Warren Buffett once again argued that the wealthy should… Read More
Sometimes in post-election America, there is excitement about what the future will bring. This time around, the prospect is rather horrifying. America is racing, pedal… Read More
President Obama’s and Governor Romney’s appearances on “60 Minutes” Sunday revealed an interesting contrast. The President punted on a serious question about the nation’s concern… Read More
Mother Jones has opened a broad debate about the role of government in our society. In a clandestine tape recorded in May and obtained by… Read More
Understanding what Washington is up to is as simple as one-two-three: 1. Unacceptable Choices Under President Obama’s leadership, Americans have been presented two unacceptable choices…. Read More
President Obama’s latest speech laid out some policy retreads for tackling the tepid recovery, while he lectured Europe to get its act together. He is… Read More
The Obama Administration is piggybacking on claims made by MarketWatch’s Rex Nutting that Obama has not gone on the spending spree everyone thinks he has… Read More
Why would the President, elected to the highest office in the land, stoop to attack a plan authored by the Chairman of the House Budget… Read More
There are six key elements to a successful federal government budget, including the plan released today by House Budget Committee chairman Paul Ryan (R—WI): Does… Read More
Yesterday, Senate Finance Committee chairman Max Baucus (D–MT) released a modified chairman’s mark on the Highway Investment, Job Creation and Economic Growth Act of 2012… Read More
Clearly, the impact of President Obama’s proposal to consolidate parts of six trade agencies is tiny in comparison to the government’s $3.5 trillion in spending… Read More
As the clock counts down toward Christmas, Congress still has major unfinished business to attend to. Not that we should be surprised. Emblematic of a… Read More
What’s a supercommittee to do? Total national debt just hit a new record at $15 trillion, an increase of approximately $700 billion since the Supercommittee’s… Read More
News
For months now the so-called super committee has been meeting in secret, tasked with delivering a budget-cutting (er… make that deficit-cutting) plan. Many have doubted… Read More
One of the most crucial issues confronting the nation is the debt and spending crisis. Standard & Poor’s downgraded the nation’s credit rating in August,… Read More
Washington is boiling, and it’s not just the temperature. Dueling debt ceiling proposals, presidential veto threats, and heated rhetoric between and among parties have political… Read More
As the day debt ceiling of reckoning fast approaches, dueling proposals are flurrying around Washington fast and furious. The latest two are from House Speaker… Read More