Between this budget showdown and that sequester, the last debt ceiling fight and the more recent government shutdown, the majority of Americans found themselves, at best, inconvenienced. Why, they must be thinking, is this any different? What's the big deal?
President Obama has, unfortunately, embraced the faulty premise that deficit reduction should be a top priority. He, along with a chorus of deficit hawks, longs for a "grand bargain" that would get the debt and the deficit "under control."
The media consensus is that the Republican Party is the loser, and that Republicans must ultimately come crawling back to the president and the Democrats, take their medicine, and forsake their goals. But Ted Cruz does not have to play it that way.
When it comes to student loans, the ones owned by the U.S. government, things could get problematic if the U.S. Treasury finds itself selling off its assets.
As both sides negotiate atop Capitol Hill to reopen federal offices that've been closed for more than two weeks, politicos are trying to score every last partisan point -- and suck in every last political dollar.
Mainstream GOP leaders can't utter these inanities. They must always give the appearance that they are above the verbal mugging of Obama, Democrats, and minorities. Yet, that's only part of the value of this tactic to the GOP.
Yes, the frightened corporate leaders surely know how this happened -- because their money funded the Tea Party candidates and organizations responsible for the crisis.
America's biggest creditor, China, in a scathing editorial published by its official news agency, takes a few shots at the U.S. budget fight, hinting ...
Unlike our counterparts in Southern Europe, the United States is blessed to have a fairly steady economy these days. So why are we flirting with a historic default on U.S. government bonds that will harm the U.S. credit and credibility for decades to come?
The weaknesses in the analogy between government and household finances are too often lost yet this misleading analogy persists, creating confusion, prompting poor decisions and is some of the stimulant underneath the Congressional behavior we see today.
For a president to override Congress' power of the purse is a dangerous precedent. But President Obama is exactly right to say that he is not willing to negotiate policy questions with a gun to his head, and future presidents should not be confronted by the same kind of extortion.
It is shameful that fully grown adults from the richest country in the world and who have lived a life of privilege in comparison to Malala cannot muster the strength of character or a sense of decency to act with even a fraction of the dignity that this teenager exhibits, but that is precisely the case.
If you don't think the current government shutdown and fight over the debt ceiling are a threat to constitutional government, you're not paying attention.
The reason that many people might be sympathetic to shutting down the govPolls consistently show that people grossly overestimate the amount of money going to many less popular categories of spending. This is where the New York Times comes into the picture.
Like Walt in Breaking Bad, I have health care insurance from my employer, and like Walt's wife, Skyler, discovers about their insurance, I'm still liable for the deductible, copay and coinsurance portion of the medical fees.
As an American who's at least as provincial as I am liberal, I've found myself mischievously wondering of late: if the federal government shuts down and stays that way, so what?