WASHINGTON -- The unveiling of President Barack Obama's budget on Wednesday morning has restarted the ongoing debate over how best to pursue deficit r...
Joining the backlash against House Minority leader John Boehner's (R-Ohio) economic speech yesterday, Mark Zandi, Moody's chief economist, said Boehne...
With Additional Reporting By Ryan Grim
President Obama's request for lawmakers to pass $50 billion in emergency aid to state and local governments re...
So far the only people Obama seems willing to make mad are the activist base of the Democratic party who helped him defeat Hillary Clinton and John McCain.
He inherited a horrible situation with this economic crisis, but he has not flinched. And his confidence inspires us and helps to generate confidence because we see him carrying on.
Behind Obama's declaration that the federal government will carefully monitor lending and bank management is the notion of conservatorship, not nationalization.
It will take much stronger medicine to avert a depression than the measures taken to date, and the president needs to rally public opinion if he is to persuade Congress to act at the necessary scale.
The entirety of the bill's language is a two-column table -- the names of the 20 men in the left column, and the portion of the $800 billion each of them will receive in the right column.
Obama and his advisors made a critical miscalculation by allowing the political goal of bipartisanship to trump urgent economic necessity and the need for a new economic philosophy.
To get through these hard times, we need to work together, every one of us, as a country, and this legislation is a solid foundation on which we can build.
The only valid criticism to be made of the stimulus bill that Obama signed Tuesday with deserved pride of authorship is that it is too small for the enormous problem at hand.
From the commentariat to the White House chief of staff, the lesson to be learned from the last two weeks, we are told, is that the Obama administration let the Republicans frame the debate over the stimulus.
The idea the Republicans want us to believe the "economy" only includes for-profit businesses. Anything that involves investment in public agencies is, therefore, not the economy.
Congress should be commended for passing a plan that has the potential to be stimulative as well as smart. Investments in IT will help lead the way to economic recovery.
Republicans stand near-united to fight the President of the United States out of one side of their mouths - and cry for bi-partisanship out of the other.
The Obama administration has made its first serious misstep. No, it wasn't the wooing of ingrate Republicans, or the dining with clueless reactionary pundits. It is much more significant.
Obama can act like Community-Organizer-In-Chief and, along with grassroots movements from around the country, force Senate Republicans to allow the majority to vote on, and pass, an improved Stimulus Bill.
The only people in this debacle who acted in the interests of ordinary Americans are House Democrats, but in the end they're going to be forced to choose between no bill and a fatally compromised bill.
Imagine if the Democrats had not pre-capitulated to the Republicans on the stimulus bill. Imagine if they had forced the Republicans to actually mount a filibuster.
If you look closely at what the Republicans are saying, this isn't a debate on the merits of this stimulus legislation, but rather another round of policy battles fought during last year's campaign.
Where Obama may have made a mistake is in being too substantively accommodating with people who are basically not going to support him except in the event of an extraterrestrial invasion.
If representatives know that's what their constituents want, they will be both more inclined to keep that critical public investment from the House bill, and act with the speed.