The Senate has constructed the legislation to correspond to the Obama-McConnell deal, sweeteners and all.
The pending compromise between the two parties on taxes and other policies underscores the fact that enhanced minority power (in this case, the filibuster power) helps contribute to fiscal irresponsibility.
President Obama’s press conference yesterday, bitterly railing against Democrats in the Congress for being “purist” and “sanctimonious,” is brilliant triangulation.
Here’s my plan for creating a budget surplus of $126 billion by 2015 and $592 billion by 2030.
Facing a difficult economy and a very bad November, the Obama administration is considering a tax cut proposal to spur hiring.