What happens now is going to be interesting, because Obama may have changed the whole narrative in this debate. If it works, Obama will emerge from the fight stronger politically. If it doesn't work, Obama risks being blamed himself for a debt ceiling catastrophe by the public.
The IRS announced that it will delay accepting all 2012 tax returns by eight days, pushing the acceptance of both e-file and paper tax returns to January 30. But the filing deadline of April 15 remains unchanged.
Like many of the issues at the forefront of the current economic debate, a decades-long crisis is brewing when it comes to funding America's highways, bridges and tunnels.
The fiscal cliff deal we were given was fashioned in a matter of days with too little revenue initiatives, no spending cuts, no debt ceiling resolutions, and a cornucopia of corporate tax extensions.
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?
On budget issues, Obama has been just dismal. One can only conclude that he is in bed with the wrong people -- those who believe that the road to prosperity is through austerity.
It is time to reauthorize VAWA for all women, including Native Americans, immigrant women and individuals who identify as LGBTQ, who deserve the same protections as everyone else.
Has the culture of "retching across the aisle" introduced by the Tea Party so infected everyone else that they simply can't abide the idea of a "win-win" result?
Now that Congress, as part of its fiscal cliff compromise, has given the wind industry a one year extension on its present tax rules, it's time to take a sober look at the real economics behind the struggle between future energy and fossil fuels.
On a train from Paris over the holiday, I received a 25% discount because of my age. The only way the French government can afford to give me that 25% discount is to tax. And as Depardieu's departure to the other side of the old Iron Curtain signifies, this tax can be unbearably high.
It is time to rationalize both the financing and delivery of services to meet the needs of today's aging American population that will live longer and with more functional limitations, but who want to spend these years living to their fullest without being treated like patients.
The high drama of the past months has reached an end. For now, the fiscal cliff has been avoided. Although we know that soon there will be another one. However, how does one compute the toll of worry and anxiety that is has taken on millions of Americans?
There is a very widely shared myth about "Washington." Accordingly, there are two camps, the right-wing GOP and the left-leaning Democrats, who are more or less matched. Each control one house of Congress, and command about half of the electorate. Hence, the gridlock. Gridlock exists when one party pulls east and the other party pulls west and, hence, nothing budges. This is not the case in Washington. Here, most times, one party wants to move east and the other wants to stay put. Thus, what appears as gridlock is actually one conservative blocking victory after another. The fact that the last Congress passed only half as many bills as most previous ones does not trouble the conservatives one bit.
After watching the so-called "fiscal cliff" negotiations, I am very concerned that during the next four years you will address only America's immediate needs and maintain the status quo.
A nation whose constitution begins with the words "We, the People" should not be governed through threats and intimidation and lies. It is time to de...