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Super Committee

House Dems Push Supercommittee To Seek New Revenues

AP | By ALAN FRAM and MARY CLARE JALONICK | Posted 12.13.2011 | Politics

WASHINGTON -- Congress flooded its supercommittee with a jumble of advice Thursday about taming the government's out-of-control debt, with top agricul...

Balanced Budget Amendment Follies

Micah Hauptman | Posted 12.12.2011 | Business
Micah Hauptman

Spending and debt remain intrinsic features of a capitalist economy. The key question is, which sector is best positioned to service the debt: families and businesses, or the government?

Deficit Super Committee Continues Deadlock

Posted 12.10.2011 | Politics

By ANDREW TAYLOR, THE ASSOCIATED PRESS WASHINGTON (AP) -- The super committee is struggling. After weeks of secret meetings, the 12-member defic...

Tyler Kingkade

Unemployed Lobby Super Committee Members During Rally At Capitol | Tyler Kingkade | Posted 12.05.2011 | Politics

WASHINGTON -- Linda Evans cried Wednesday outside the U.S. Capitol building as she described the unemployment crisis and her own struggle to find work...

The Name of the Game is Confidence

Kevin L. Petrasic | Posted 12.05.2011 | Business
Kevin L. Petrasic

Whether in matters of the heart, business, politics or the economy, the key to all successful relationships is confidence.

Elise Foley

Super Committee Holds More Closed-Door Meetings | Elise Foley | Posted 12.05.2011 | Politics

WASHINGTON -- The six Democratic members of a 12-member super committee with extraordinary powers to shape spending over the next decade held another ...

To Super Committee: Pentagon Corruption in the Millions, Time to Cut Defense Contracting

Michael Shank | Posted 12.05.2011 | Politics
Michael Shank

With $3.7 trillion already spent by the US on the wars in Iraq and Afghanistan, it is painfully apparent that this money is not being spent wisely; in some cases, it is simply being stolen.

Deficit Reduction Super Committee Fighting the Battle of New Orleans

Warren Mosler | Posted 12.04.2011 | Politics
Warren Mosler

I realize it's not a perfect analogy, but due to poor communications, the battle of New Orleans was fought well after the War of 1812 had ended. Like...

Democrats Reportedly Want Tax Hikes To Be First Item Negotiated By Super Congress

Reuters | Richard Cowan and Tim Reid | Posted 11.30.2011 | Politics

By Richard Cowan and Tim Reid WASHINGTON (Reuters) - Democrats want tax hikes to be the first item negotiated in "super committee" deficit-reductio...

Class Warfare? Says Who?

Margie Omero | Posted 11.30.2011 | Politics
Margie Omero

Republicans feel they've seized a winning talking point by labeling as "class warfare" Obama's plan to ask the wealthiest to pay a bit more in taxes. Is that label sticking? And does it hurt?

Why Tax the Rich to Pay for More War?

Robert Naiman | Posted 11.29.2011 | World
Robert Naiman

Ordinarily, I think of myself as a card-carrying liberal. But lately, I'm getting the feeling that Liberal America had a meeting to decide on our current priorities and peace advocates weren't invited

In Favor of Progressive Taxation and a Balance Approach to Budgeting

Andrew Fieldhouse | Posted 11.28.2011 | Politics
Andrew Fieldhouse

Progressive taxation is a palatable approach to deficit reduction embraced by the public -- unlike nearly every other deficit reduction approach.

Budget-Slashing Super Committee Holding Meetings In Secret

Luke Johnson | Posted 11.28.2011 | Politics

Throughout the day on Tuesday, a smattering of political reporters leaned up against walls in the basement of the Capitol Visitors Center. Inside room...

"Free Market" Politicians Call for Austerity and Cuts While Financial Markets Call for Keynesian Stimulus and Jobs

Miles Mogulescu | Posted 11.28.2011 | Business
Miles Mogulescu

As markets warn of the risk of double-dip recession or even depression, politicians in Washington and Berlin -- who claim to believe in "free markets" -- fiddle while Rome may be about to burn.

On October 6, Let's Make a National Clamor for Peace

Robert Naiman | Posted 11.27.2011 | Politics
Robert Naiman

On October 7, 2011, the United States will have been at war for ten years. Let's mark the occasion by making a national clamor for peace so loud that Congress, the president and big media will have to pay attention.

Ryan Grim

The Super Lie Behind The Super Congress | Ryan Grim | Posted 11.27.2011 | Politics

WASHINGTON -- The 12-member super committee created to slash the federal deficit is powered by the threat that if it doesn't come up with $1.2 trillio...

Saving New York City in 1975: Carey Could Teach Congress Today

Robert L. Dilenschneider | Posted 11.26.2011 | Politics
Robert L. Dilenschneider

The nation's current crisis mirrors the situation 36 years ago when New York City teetered near financial collapse, unable to borrow from a banking community that correctly believed the city was broke.

Is Our Nation on the Titanic?

Marian Wright Edelman | Posted 11.23.2011 | Politics
Marian Wright Edelman

What is our values compass as we seek solutions to rampant joblessness and poverty among millions of Americans, including 16.4 million poor children?

Sanders Bill "Goes Big" for Social Security

Daniel Marans | Posted 11.21.2011 | Politics
Daniel Marans

Before we get into the details of the Sanders bill, though, it is worth providing a little background on just what serious Washington people mean when they talk about "going big."

Michael McAuliff

Obama's Deficit Plan 'Worse Than Nothing' Says Former U.S. Comptroller | Michael McAuliff | Posted 11.20.2011 | Politics

WASHINGTON -- One of the experts who attended President Obama’s Rose Garden deficit speech is hammering the White House Tuesday, saying the presiden...

Jaweed Kaleem

Does The Bible Call For Higher Taxes? | Jaweed Kaleem | Posted 11.20.2011 | Religion

As a Congressional super committee meets to put together a plan to cut at least $1.2 trillion from the federal deficit in the next decade, a coalition...

Obama Unveils Deficit Reduction Plan, 'Buffett Rule' Tax On Millionaires

AP | JIM KUHNHENN | Posted 11.19.2011 | Politics

WASHINGTON — Drawing clear battle lines for next year's elections, a combative President Barack Obama on Monday demanded that the richest Americ...

Michael McAuliff

Poll: White House, Congress Pursue Least Popular Deficit Measures | Michael McAuliff | Posted 11.16.2011 | Politics

WASHINGTON -- Congress and the president are set to reduce the federal deficit in the least popular ways possible, according to data from a new Bloomb...

Lobbyists Take Aim At Super Congress

Posted 11.16.2011 | Politics

WASHINGTON, September 16 (Reuters/Tim Reid) - The special "super committee" tackling U.S. deficit reduction was meant to operate independently and...

Sam Stein

Boehner Blasts Obama's Jobs Plan, Attacks 'Short-Term Gimmicks' | Sam Stein | Posted 11.15.2011 | Politics

WASHINGTON -- House Speaker John Boehner (R-Ohio) threw cold water on the prospect of passing President Obama's jobs bill during a speech on Thursday,...