Budget Deal

Jan Brewer Strikes Deal After Long Fight

The Republic | Mary Jo Pitzl | Posted 04.28.2012

Gov. Jan Brewer and the Legislature's top Republican leaders announced Friday that they have reached a deal on a state budget for next year that holds...

Recipe for a Double-Dip Recession

Robert Kuttner | Posted 04.02.2012

Robert Kuttner

With the economy just barely on a path to durable recovery, some very dumb fiscal chickens are coming home to roost on January 1 of next year. This grim coincidence is known as the Triple Witching Hour.

House GOP Plan Criticized As Breaking Debt Ceiling Deal

Posted 03.15.2012

By David Lawder WASHINGTON--Republicans in the U.S. House of Representatives pushed back on Wednesday against suggestions that their drive for ...

Boehner, Cantor Reportedly Pressing For Deeper Cuts

Posted 03.14.2012

By David Lawder WASHINGTON, March 13 (Reuters) - Republican leaders in the U.S. House of Representatives are ready to break a hard-fought budge...

Democrats Refuse to Buckle to GOP Demands for Huge Cuts in Social Security, Medicare and Medicaid

Robert Creamer | Posted 01.21.2012

Robert Creamer

The inability of the super committee to reach an agreement is not a reflection on the "intransigence" of both sides and "unwillingness" to compromise. The far right wants changes in the American social contract that will destroy the middle class.

Three Reasons Why It's Better for the Economy if the Super-Committee Fails to Get a Deal

Robert Creamer | Posted 12.25.2011

Robert Creamer

It is far better for everyday Americans if the so-called Super Committee fails entirely to get a deal. The overarching reason is simple.

What Happened to the Republican Party on Taxes?

Jared Bernstein | Posted 12.20.2011

Jared Bernstein

The Republican Party may revere Ronald Reagan, but they definitely wouldn't recognize each other if they met at a tax policy conference today. Nor would the gipper last for long on the Republicans side of the deficit-reduction super committee.

Bipartisan Group Comprises 'Apocalypse Caucus'

The Washington Post | David A. Fahrenthold | Posted 12.05.2011

On Capitol Hill, they are the apocalypse caucus. Twenty lawmakers, from both parties, who calculate that the best way to fix government is to act as i...

White House Requests Billions In Disaster Relief, Setting Up Fight With GOP

AP | Posted 11.02.2011

By ANDREW TAYLOR, Associated Press WASHINGTON -- The White House told Congress on Thursday there's a need for more than $5 billion in additional di...

Unions Approve Deal To Close Budget Gap In Connecticut

AP | SUSAN HAIGH | Posted 10.18.2011

HARTFORD, Conn. — Connecticut's unionized state employees overwhelmingly ratified a labor savings and concessions agreement Thursday in a second...

Crumble

Shan Wells | Posted 10.10.2011

Shan Wells

2011-08-10-20110810wells.jpg

I'm Mad As Hell. How About You?

Dylan Ratigan | Posted 10.09.2011

Dylan Ratigan

With the markets in turmoil and the global financial architecture groaning under the weight of fraud and corruption, it's a good time to think about what leadership should look like. Believe it or not, we have had good leadership, purpose, integrity and aligned interests in the past.

The Republicans' Double-Dip, and What Must Be Done

Robert Reich | Posted 10.05.2011

Robert Reich

Now that we're slouching toward a double-dip recession, the only hope is voters will tell their members of Congress to stop obsessing about future budget deficits and get to work on the real crisis of unemployment, falling wages, and no growth.

Debt Deal: Sifting Through the Debris

Rick Horowitz | Posted 10.04.2011

Rick Horowitz

I'm still trying to dig up the quote. I know it was President Obama, and I know it was at least a few months ago, and I'm pretty sure I can picture...

What's Been Missed in the Analysis of the Grand Deal

Robert Kuttner | Posted 10.02.2011

Robert Kuttner

The GDP assumptions -- on which the deficit deal is based -- are grossly inflated. Growth slowed to 1.8 percent in the first quarter and 1.3 percent in the second quarter, and it heading toward zero. CBO had predicted 3.1 percent growth for the year.

Lessons Learned by Obama and the Republicans

Mark Penn | Posted 10.02.2011

Mark Penn

The 11th hour budget deal may save the country from default but is unlikely to save either the president or the Republicans from continued political fallout for taking the country near the brink of financial calamity.

Four Myths About the "Deal" -- and Four Ways It Can Hurt You

Richard (RJ) Eskow | Posted 10.01.2011

Richard (RJ) Eskow

Today we're watching the end of a brief manufactured crisis and the beginning of a long national nightmare. There's nothing to celebrate unless you're either an economic right-winger or very wealthy -- or both.

"But We Promised!" Says the GOP

Rick Horowitz | Posted 09.25.2011

Rick Horowitz

You made commitments to your constituents, and they made commitments to their constituents. You promised to do X, and they promised, in many cases, to do Not-X. Now what?

U.S. Inches Closer To Downgrade With No Debt Ceiling Deal In Sight

Posted 09.24.2011

(Walter Brandimarte) - The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse i...

Eric Cantor, Brutus

Brent Budowsky | Posted 09.13.2011

Brent Budowsky

House Speaker John Boehner (R-Ohio) tried to make a bipartisan budget deal with President Obama. House Majority Leader Eric Cantor (R-Va.) stabbed Boe...

Tax Cut = Growth? Actually Not So Much

Paul Tullis | Posted 09.11.2011

Paul Tullis

Distaste for raising taxes, claiming that it limits growth, simply isn't borne by the facts. It's time for the Democrats to fight back on this point and show the facts. The alternative is dangerous, regressive, and unfair.

NJ Politician On Chris Christie: 'I Want To Punch Him In His Head'

The Huffington Post | Alana Horowitz | Posted 09.02.2011

Chris Christie probably won't be invited to this lawmaker's 4th of July barbecue. New Jersey Senate President Stephen Sweeney slammed the governor...

Sara Kenigsberg

WATCH: Federal Employees By Day, Stand-Up Comics By Night

HuffingtonPost.com | Sara Kenigsberg | Posted 08.09.2011

"I saw an interview with a woman who said, 'My husband and I planned it perfectly. We are going to run out of money for our family budget right on May...

Elise Foley

GOP Senator: Preliminary Agreements Reached In Debt Talks

HuffingtonPost.com | Elise Foley | Posted 07.17.2011

WASHINGTON -- Senator Jon Kyl (R-Ariz.), who represents the Senate GOP in White House debt talks, said on Tuesday that a bipartisan group of lawmakers...

CBO: Boehner's Math Is Wrong, Budget Deal Will Cut Less Than Half Of What Was Promised

AP | By ANDREW TAYLOR | Posted 07.16.2011

WASHINGTON -- The big spending bill passed into law with much fanfare last month will cut the deficit by $122 billion over the next decade – les...