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...
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...
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...
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...
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...
Senate Republicans made a striking error in the balanced budget amendment they introduced last week . As written, the amendment would limit federal spending far...
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...
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...
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...