Happy Debt Ceiling Day

By: Daniel Horowitz (Diary)  |  December 31st at 02:43 PM  | 

It feels like yesterday when John Boehner was bragging how he got 98% of what he desired from the deal negotiated to raise the debt ceiling in August 2011.  Yet just 17 months after Obama was granted a $2.1 trillion debt limit increase to preserve his reelection, we have breached the new ceiling.  In just 519 days, we’ve burned through $2.1 trillion in debt, for | Read More »

The False Narrative of the Grand Bargain on Tax Hikes

By: Daniel Horowitz (Diary)  |  June 22nd at 10:48 AM  | 

Over the past few months, there has been a daily trickle of establishment Republicans coming out before the media in hostage style confession statements to declare that they would accept tax increases as part of a “grand bargain” to cut the deficit.  The latest member was Lindsey Graham, who stated his newfound opposition to the taxpayer pledge of Americans for Tax Reform, which he considered | Read More »