The Fed bought securities that pay interest. After deducting its expenses the Fed sends the remainder to the Treasury to reduce the deficit. This intergovernmental transfer is an accounting gimmick and has no economic effect.
The Huffington Post | Harry Bradford | Posted 12.19.2011
Given the choice, Americans still prefer crisp bills to shiny coins. A lawmaker recently introduced legislation to abandon the paper dollar bill an...
Michael Shank | Posted 12.12.2011
I am surprised that they did not happen in 2008 at the height of the financial collapse. We've known the root of this discontent for years, if not decades. It has to do with America's growing poverty and income inequality rates.
Jason Salzman | Posted 10.24.2011
You'd think she would embrace Gardner's dismantlement position, not deny it. It's not every day that a Congressman jumps on board with dismantlement of a major federal agency.
Alan W. Silberberg | Posted 07.12.2011
Politics seems to be in everything now. Whether it is your home loan, your school loan; even your reproductive rights or the right to bear arms. Belie...
The Colorado Independent | Scot Kersgaard | Posted 05.25.2011
Polling released today by Penn Schoen Berland shows what we probably already knew: Fourth District Congresswoman Betsy Markey is in a very tight race ...
Lanny Davis | Posted 05.25.2011
Is it possible to defend Keith Olbermann and Sean Hannity at the same time? Yes, but only if they can admit there is at least one principle on which they can find common ground.
Afton Branche | Posted 05.25.2011
In recent weeks, Reps. Luis Gutierrez (D-IL) and Lamar Smith (R-TX) have been engaged in an all out op-ed war, going back and forth on immigration ref...
Rep. Mike Honda | Posted 05.25.2011
Asian Americans and Pacific Islanders (AAPI) are a community to be reckoned with in American politics, John Feehery correctly posited in The Hill's Pu...
David Sirota | Posted 05.25.2011
In a piece in The Hill, I am quoted saying that I didn't expect a credible primary challenger to Obama. What didn't make it into the story is that there's an important and telling reason for that.
Posted 05.25.2011
The Hill published a list of the "50 Most Beautiful People In Washington ," and landing third was none other than New York's own Kirsten Gillibrand. ...
The Hill | Posted 05.25.2011
Need we say more?...
Gillian Caldwell | Posted 05.25.2011
It should surprise no one that fossil fuel industry interests have gone into overdrive on this issue and turned a clear no-brainer into a rather "Murky" one that is expected to come down to the wire.
Posted 05.25.2011
Al Gore and his group, the Alliance for Climate Protection, think President Obama's decision to pursue offshore oil drilling is a bad idea and they're...
Laura Flanders | Posted 05.25.2011
Will the Senate bill give more people more access to insurance? Probably. Will they be able to afford it? That's an open question. But will it save lives? No doubt. And that was the nuns' point.
Esmeralda Williamson-Noble | Posted 05.25.2011
Before it touched me, I didn't know that every minute in the United States a person attempts suicide.
Al Eisele | Posted 05.25.2011
McCormack, a 26-year-old former reporter for the Hill, is completing a two-year stint as a Peace Corps volunteer in Guatemala.
HuffingtonPost.com | Sam Stein | Posted 05.25.2011
Democratic leadership and Senator Joseph Lieberman's office are both denying a report that the Connecticut Independent had pledged that he would not o...
politico.com | Glenn Thrush | Posted 05.25.2011
Sen. Jon Kyl's office took the extremely unusual step of issuing a correction of sorts on a Hill story quoting him as saying he'd be open to the idea ...
Al Eisele | Posted 05.25.2011
On the morning of Sept. 11, David McCullough called me to say that an airplane had just crashed into the World Trade Tower. Here is the story that my colleagues and I filed in the Sept. 12 issue of The Hill.
HuffingtonPost.com | Jason Linkins | Posted 05.25.2011
Venerable Capitol Hill newspaper The Hill continues an annual summer tradition this year with the release of their always anticipated "The Hill's Most...
Michael Markarian | Posted 05.25.2011
The lawmakers doing the bidding for Big Agribusiness simply don't get that the American public wants to see all animals treated humanely, including animals raised for food.
Al Eisele | Posted 05.25.2011
When I was editor of The Hill, one young reporter told me about the emotional reaction of her father, a former Naval officer in Vietnam, to McNamara's memoir. I have reprinted it here.
Rep. Bill Cassidy | Posted 05.25.2011
Transparency, accountability, and rigorous oversight are the keys to cutting waste, fraud, and abuse in government. They are also the keys to regaining taxpayers' trust.
Stuart Whatley | Posted 05.25.2011
There has been something of an inverse partisan reaction in Congress to President Obama's speech on Friday outlining a drawdown of U.S. troops in Iraq...
Robert Auerbach | Posted 03.31.2012