July 14, 2011
Let me see if I have this right: Senate Republican Leader Mitch McConnell (R-KY) has effectively embraced the debt limit plan first offered months ago...
July 13, 2011
A constitutional amendment that would require a balanced federal budget has again gained favor, especially among Republicans. The proponents should be forced to answer an...
July 12, 2011
In July 2000, under immense pressure from President Clinton, the Israeli government made Yasser Arafat a remarkable offer: It would recognize a Palestinian state that...
July 8, 2011
I’ve been collecting shells on the beaches on the beautiful barrier island Assateague and marveling at those famous marsh-dwelling ponies for about fifteen years. Until...
July 7, 2011
Should Congress use a new measure of inflation to index the tax code? It sounds awfully technical—and it is—but shifting to what most economists believe...
July 6, 2011
Senate Republicans made a striking error in the balanced budget amendment they introduced last week . As written, the amendment would limit federal spending far...
July 5, 2011
President Obama’s proposal to raise taxes on corporate jets is the Democratic version of “waste, fraud and abuse”—a political attack on a target of opportunity...
June 30, 2011
"What's in a name? That which we call a rose By any other name would smell as sweet." William Shakespeare If I understand correctly, Congressional...
June 29, 2011
Republicans are demanding a deficit-reduction package that’s entirely spending cuts. Democrats insist that revenues must also be included. Are these positions completely irreconcilable? Not if...
June 28, 2011
Fiscal hawks (including me) often warn about what would happen to financial markets if Washington doesn’t get the deficit under control, and, worse, can’t manage...