Category Archives: The Economy

Cut, Cap, Balance, and Fail

At this point, I think many of the House Republicans have stopped even trying to interact with reality. Last night, the House passed the Cut, Cap and Balance measure put forward by the Tea Party types. It can’t pass the … Continue reading

Posted in The Economy | Leave a comment

Debt Ceiling Talks Squeak Forward

It finally looks as though some cracks are forming in the Tea Party’s resistance to agree to raise the debt ceiling. With Mitch McConnell, the senior Republican in the Senate proposing a new plan that would de-couple the debt ceiling … Continue reading

Posted in The Economy | Leave a comment

Eric Cantor Weasles Out of Budget Talks

Republican House Majority Leader Eric Cantor walked out of budget talks with Vice President Biden yesterday, probably ending the VP’s attempt at reconciling the debt limit increase debate, at least temporarily. The deadline for raising the debt limit (and forestalling … Continue reading

Posted in The Economy | Leave a comment