Congress should do what the American people want done. In this case, that means raising taxes on the rich and cutting defense spending.
If he were alive today, my Grandpa Harry would be horrified by the behavior of contemporary Republican leaders who believe the ends justify the means.
What's worse?: paying the bills and what's owed to peeps of this country or being viewed worldwide as "bad creditors" and defaulting? Then, what? We get smacked with higher interests and yoda, yoda, yoda.
The current debate has, for the most part, lacked the balance seen in the blueprint by largely insisting that all deficit reduction be achieved through spending cuts. The reality is that smart deficit reduction must address our lack of revenues as well.
There are three distinct outcomes on the table for the U.S. credit rating, according to Standard and Poor's, and each scenario is tied directly to the actions of the leadership in the White House and Congress.
To hear the GOP claim to know what the American people want would cause you eye strain trying to find any credible African Americans, Latinos or working-class or unemployed Americans among the mostly all-white GOP leadership.
Economics is a lot about perception -- and right now, the world is watching. It's not just about whether or not we pull the thing off at the last minute.
Washington is an island drowning in its own self-interest, surrounded by a hurting and unhappy nation of deeply patriotic citizens who hunger for shared national purpose but find our politics to be sickening, insulting and corrupted.
The increasingly disorderly fight over raising the debt ceiling has not only exposed the petty dysfunctions of the US Congress, it has also revealed a core failure of American political journalism.
House Speaker John Boehner (R-Orange) should be kind of busy these days, yet he had time to go visit his pals at Fox News for a big interview on Wednesday. Priorities.
I find it striking, clever and telling the way the Repubs worked the visuals surrounding Tuesday night's presidential TV statement.
The stakes are too high now. Republicans have taken us to the brink of default, and it is already hurting our economy. Progressives know this is America's moment to lead. The deadline is upon us -- but so is the opportunity.
The U.S. government's solvency after August 2 may well depend on who prevails in a sharply partisan debate about how bad a default would be for the economy -- ordinarily the sort of issue politicians leave to experts
It should come as no surprise to anyone that the little boys in Washington, D.C. who pretend to be the men who run our country have walked away from the single most important thing they need to do -- keeping our economy from defaulting.
What should have been an uneventful moment in which lawmakers make good on the nation's contractual obligations has instead been seized upon by Republican hypocrites to settle ideological scores.