Mitch McConnell: No Deal On Debt Ceiling Without Medicare Cuts

As Congress left town for the long weekend, the Senate Minority Leader threw a grenade into the budget negotiations.

Eric Cantor: Any Tornado Disaster Relief Must Be Off-Set By Spending Cuts

Should we worry about the deficit when funding “disaster relief”? Should we be funding “disaster relief” at all?

Democrat Wins Special Election In NY-26

It’s just one Congressional District out of 435, but that won’t stop everyone from trying to turn the results in NY-26 into a national referendum on Medicare reform.

Will One Election Decide The Fate Of The Ryan Plan?

Voters in New York State may help move the budget debate on Capitol Hill.

Tim Pawlenty Opens Campaign In Iowa With Call To End Ethanol Subsidies

You don’t often see a candidate for President tell Iowans that he wants to eliminate ethanol subsidies, but Tim Pawlenty did.

Will Republicans Get Sane On The Debt Ceiling?

Wall Street says raise the debt ceiling. The Tea Party says no. What will the GOP do?

Rand Paul’s Pointless Gimmick: The Gas Tax Holiday

Rand Paul has borrowed a bad idea from the 2008 Presidential campaign.

It’s Time To Eliminate The “Debt Ceiling”

The “debt ceiling” is phony, contrived, and needs to be eliminated.

Trying (Again) to Explain the Debt Ceiling Vote

What are the options regarding the debt ceiling?

Happy Debt Limit Monday!

As of today, the United States is legally barred from borrowing money to finance its operations. Thanks for nothing, Congress.

GOP Aide: “No New Tax Increases” Pledge Is Intellectually Dishonest

Republicans are playing politics with the National Debt. Please don’t tell me you’re shocked.

Boehner Wants Big Cuts in Exchange for Debt Ceiling Increase

Boehner wants some pretty big cuts in exchange for a vote on raising the debt ceiling.

Republicans Ready To Punt On Ryan Plan’s Medicare Changes?

Republicans seem to have realized that the Ryan Plan’s Medicare reforms aren’t going anywhere.

Public Turning Against Ryan Plan

The GOP seems to be losing the public relations battle over deficit reduction.

Are Republicans Facing A Backlash Over Ryan Plan And Medicare Changes?

There are signs that the Ryan Plan isn’t playing well with the public.

Obama Administration Lobbied Standard & Poor’s Not To Lower Debt Outlook

Standard & Poor’s didn’t believe the Obama Administration’s argument that Washington would be able to fix the deficit. There’s no reason they should have.

Americans Oppose Entitlement Cuts, Support Raising Taxes On “The Rich”

According to a new poll, the American public still isn’t sold on the idea of cutting entitlements to cut the budget deficit.