Does the middle class win, or does Wall Street win? If Obama chooses Wall Street, gives into the banks on all these issues, and hurts senior citizens with Social Security cuts, he will break apart the Democratic coalition and doom his re-election chances.
For those with dreams of living the prose of Hemingway, partying with over a million people and perhaps emulating daredevils past, there are some considerations to take before setting off for Pamplona.
Past deficit reduction acts have almost always refrained from damaging the government's ability to protect the vulnerable, provide health and income security to retirees, and invest in the future. Lawmakers haggling over a deal today should remember this.
There is nothing wrong with using general revenue for Social Security, however, several Republicans have already indicated that they intend to use the revenue shortfall as an argument for cutting benefits.
Clearly, the "city that Gaudi built," Barcelona, is heavily influenced by his style of organic, surreal architecture. At the same time, the Mediterranean supplies the city with some of the best seafood in the world.
Americans are desperate for change. They hunger for their imagination to be aroused and their can-do energy to find its way back into the country's bloodstream. If anyone can do that, it would seem to be Barack Obama.
It's time to stop the games in Washington. It's time to take the tea off the table. It's time for the adults to come back into the room. It's time to stop serving the special interests and start serving the rest of the people of this county.
If revenues are to be in the budget package now being negotiated they will almost surely come from cutting tax expenditures. Those are the one trillion worth of tax revenues forgone each year due to tax breaks for various activities in the code.