Where Are The Rational People In The Debt Ceiling Debate?

The participants in the debt negotiations are being led by constituencies that have little interest in compromise.

Why Do We Even Have A Debt Ceiling Law?

Based on its history, the debt ceiling law may be the most pointless statute in the entire U.S. Code.

Fiscal Matters and the Need for Realistic Discourse

Our fundamental fiscal problem is an unwillingness to deal realistically with costs and benefits.

Some Tax Breaks Are Middle Class Welfare

Do people who take advantage of tax breaks get a “government benefit”?

Obama Still Trying To Sell GOP On “Grand Bargain” Debt Deal

It was a largely fruitless weekend in the debt negotiations.

Evidence of the Consequence of Default

A study shows how a brief blip in payments in 1979 had negative consequences.

Chances Of Long Term Debt Deal Collapse Amid Mutual Recrimination

It’s still politics as usual in Washington.

Philadelphia Decriminalized Pot — And Saved $2 Million a Year

Philadelphia’s marijuana decriminalization program has saved the city over $2 million so far.

Is Washington Fighting The Wrong Economic War?

While unemployment remains stubbornly high, Washington is spending its time fighting over the budget deficit

White House Rejects “14th Amendment Option” On Debt Ceiling

The White House has apparently rejected using a tortured interpretation of the 14th Amendment to deal with the debt ceiling debate.

June Jobs Report Disastrously Disappointing

Judging by the June jobs report, there’s no economic recovery coming in the near future.

The GOP Is Now Controlled By Its Conservative Base

More than any other time in the past, the GOP is now firmly under the control of its most conservative members.

Far-Reaching Reform On The Table At Debt Negotiations?

There’s apparently a new proposal on the table at the debt negotiations, and it looks very interesting.

The “14th Amendment Option” And The Imperial Presidency

The so-called “14th Amendment option” to fix the debt ceiling crisis is really just a prescription for an even more powerful Presidency.

Responsible Governing v. Ideological Purity

What exactly is the GOP trying to accomplish in the debt ceiling negotiations?

In Today’s GOP, Reagan Is A RINO

The Ronald Reagan that Republicans lionize is very different from the one who actually served as 40th President of the United States.

The Balanced Budget Amendment Is A Bad Idea

House and Senate Republicans are pushing a Balanced Budget Amendment. It sounds like a good idea, but it isn’t.

If the U.S. Defaults, Eric Cantor Makes Money

If the U.S. defaults, Eric Cantor will make some money.

Is The Debt Ceiling Unconstitutional?

Does a little known provision in the 14th Amendment make the entire debt ceiling debate irrelevant?

Eric Cantor, Jon Kyl Drop Out Of Biden Deficit Talks

Talks about a deal to raise the debt ceiling seem pretty close to collapse now that there are no Republicans involved.

The Myth of Shovel Ready Jobs, Again

What was that, a joke about shovel ready jobs not being so shovel ready. Yeah unemployment a topic ripe for great comedy.

Rick Perry Advocates the Biblical Virtues of Keynesianism

Rick Perry makes a valid point about bringing the economy back to Biblical principles.

Chart of the Day: Biggest Military Spenders

The US spends a lot on defense relative to, well, the rest of the world.

It is all about Taxes

The main issue, above all else, is taxes.