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Congress Fiscal Cliff

Obama Uses Blazing Saddles Strategy to Negotiate Debt Ceiling

Bill Frezza | Posted 03.22.2013 | Politics
Bill Frezza

Regardless of how the current debt ceiling circus act plays out, don't be surprised to see what happens to Uncle Sam's credit rating as potential lenders to a government living well beyond its means start figuring all of this out.

Friday Talking Points -- Revive the 'No Budget, No Pay Act'

Chris Weigant | Posted 03.20.2013 | Politics
Chris Weigant

In the midst of caving in to President Obama on the whole debt ceiling fight, Eric Cantor tossed out a proposal (likely, to distract attention from his giant cave on the debt ceiling) which, at first glance, sounds great. Almost.

Polarization in 4 Steps

Michael Smerconish | Posted 03.16.2013 | Politics
Michael Smerconish

Why was it so difficult to avoid the fiscal cliff? Especially when, in the end, Congress couldn't salvage a grand bargain à la Simpson-Bowles, but instead settled for a quick fix?

Worst Ever

Salon | DAVID SIROTA | Posted 01.04.2013 | Politics

During the halcyon 1990s, we labeled annual congressional temper tantrums for what they were: standard, if boring, budget impasses. Now, though, in a ...

Enough With the Fiscal Cliffs Already

Sen. Barbara Boxer | Posted 03.05.2013 | Politics
Sen. Barbara Boxer

Over the next couple months, members of Congress will have the responsibility of raising the debt ceiling, setting a budget for the coming year and deciding whether to allow $1.2 trillion in spending cuts to take effect. This is not a fiscal cliff. This is our job.

Memo to Congress: Kick the Bad Habits in 2013

Susan Battley | Posted 03.05.2013 | Politics
Susan Battley

The intense polarization and gridlock that characterizes Congress is the result of attitudes and behaviors that have become ingrained habits since 2008.

7 Common Sense Thoughts About the Debt Ceiling Debacle

Robert L. Borosage | Posted 03.05.2013 | Politics
Robert L. Borosage

Washington is careening off the fiscal cliff smack into the debt ceiling. Once more, Washington is fixated on what and how to cut. Once more, Republicans have indicated that they are prepared to hold the full faith and credit of the United States hostage.

Winning Victories Amid the Mess: Far Bigger Battles Ahead

Mike Lux | Posted 03.04.2013 | Politics
Mike Lux

The Republicans are threatening to tank the economy so they can cut Social Security, Medicare, Medicaid, education and other things that matter. We should just tell them, and nervous Democrats who want to cave to them, absolutely not.

The Ongoing War: After the Battle Over the Cliff, the Battle Over the Debt Ceiling

Robert Reich | Posted 03.04.2013 | Politics
Robert Reich

The battle over the fiscal cliff was only a prelude to the coming battle over raising the debt ceiling -- a battle that will likely continue through early March, when the Treasury runs out of tricks to avoid a default on the nation's debt.

What Did You Learn From the Cliff Debate, Dorothy?

Jared Bernstein | Posted 03.04.2013 | Politics
Jared Bernstein

I don't mean to be a downer, but any relief you feel should be analogized to how much better you feel when you stop banging a hammer on your head. We've avoided, for the moment, a self-made trap. Now, of course, we're on to the next one -- the debt ceiling.

Progressives Should Not Complain About the Fiscal Cliff Deal

Lenny Goldberg | Posted 03.04.2013 | Politics
Lenny Goldberg

On the substance, progressives should not cry "sellout" when the rich have had a permanent tax increase and the unemployed and middle-class are protected. We should cry wolf only when the right-wing wolf is really at the door of the poor and the middle class.

Michael McAuliff

Republicans Relent As Congress Passes 'Fiscal Cliff' Bill | Michael McAuliff | Posted 01.02.2013 | Politics

WASHINGTON -- A day late and trillions of dollars short, Congress passed a hard-won deal to ease large portions of the "fiscal cliff." The nation s...

Obama's Bad Deal and Worse Negotiating

Miles Mogulescu | Posted 03.03.2013 | Politics
Miles Mogulescu

By easily compromising on his central campaign promise that he claimed was a line in the sand, Obama signaled to Republicans that there's nothing he won't compromise on.

Michael McAuliff

Senate Votes For Deal On Wrong Side Of Fiscal Cliff | Michael McAuliff | Posted 01.23.2014 | Politics

WASHINGTON -- Congress stumbled ingloriously off Capitol Hill New Year's Eve, with the Senate passing a "fiscal cliff" deal two hours after the deadli...

Averting the Fiscal Cliff: Retired Postal Worker Shames One Percent

Janet Mason | Posted 03.02.2013 | Politics
Janet Mason

The U.S. Treasury Department has been taking contributions toward the national debt since 1961. The largest single donation, made in 1992, was $3.5 million. Most contributions have been under $100 dollars.

Lousy Deal on the Edge of the Cliff

Robert Reich | Posted 03.02.2013 | Politics
Robert Reich

The deal emerging from the Senate is a lousy one. Let me count the ways.

Sam Stein

Fiscal Cliff Dive: Congress To Miss Deadline | Sam Stein | Posted 03.02.2013 | Politics

WASHINGTON -- The United States government will miss the end-of-the-year deadline to resolve the so-called fiscal cliff, House Republicans conceded Mo...

When the House of Representatives Isn't

Dave Helfert | Posted 03.02.2013 | Politics
Dave Helfert

State legislatures dominated by political parties that focus only on taking and holding power have been able to create election districts that more resemble highly-protected nests for members of their party than the compact contiguous communities of interest they're supposed to be.

Sabrina Siddiqui

Obama Fiscal Cliff Remarks Spark Republican Threats To Blow Up Deal | Sabrina Siddiqui | Posted 12.31.2012 | Politics

WASHINGTON -- With hours remaining to avert the so-called fiscal cliff, President Barack Obama said a deal is “within sight” and urged lawmakers t...

Congress Pushing College Students Over Fiscal Cliff

Sheila Simon | Posted 12.31.2012 | College
Sheila Simon

What exactly is at risk in the higher education fiscal cliff come fall of 2013? According to the National Association of State Student Grant and Aid Programs, that $5,000 tab is generated from several devastating reductions, including:

Michael McAuliff

Fiscal Cliff Talks Go Through Night With Deal Still Uncertain | Michael McAuliff | Posted 12.31.2012 | Politics

WASHINGTON -- Vice President Joe Biden and Senate Minority Leader Mitch McConnell talked deep into Sunday night, but New Year's Eve dawned with the ed...

GOP Really Does Deserve Blame for Fiscal Cliff Peril

Earl Ofari Hutchinson | Posted 03.02.2013 | Politics
Earl Ofari Hutchinson

The concessions that the White House will ring out of the GOP won't alter the party's game plan to use the fiscal cliff and all other vital issues that will come down the legislative pike to reassert its traditional role as the guardian for the corporate rich and to defiantly oppose Obama administration policies.

Michael McAuliff

GOP Gives In On Social Security Cuts | Michael McAuliff | Posted 12.31.2012 | Politics

WASHINGTON -- Tense "fiscal cliff" negotiations on Capitol Hill Sunday inched forward slightly as Republican senators agreed to take Social Security c...

Michael McAuliff

Congress Is Still Stuck At Edge Of Fiscal Cliff | Michael McAuliff | Posted 12.31.2012 | Politics

WASHINGTON -- With less than a day and a half before the nation hits the so-called fiscal cliff, Senate leaders declared Sunday afternoon they had mad...

Senior Aide: Senate Leaders Have Not Yet Reached Fiscal Cliff Deal

Reuters | Posted 03.01.2013 | Politics

U.S. Senate leaders have not yet been able to reach a deal to a avert a "fiscal cliff," and with time running out, it is uncertain if they will get ...