The Speaker of the United States House of Representatives has the power to end the government shutdown and avoid the U.S. entering into default on October 17. Speaker John Boehner refuses to exercise that power. Why? Who will save us?
There’s only one thing worse than a system of governance rife with corruption. That’s a [...]
“This is not a complicated concept… . You don’t go out to dinner and eat all you want and then leave without paying the check.”
- President Barack Obama, breaking down the GOP-led debt ceiling debacle.
Related: Pobody’s nerfect.
By Michael Collins
(Washington, DC 1/9/13) Let’s say that on a Monday, you sit down and take a hard look at your finances. Your bills exceed your income, assets are just a feint memory, and there is no relief in sight. Reluctantly, you decide that your only choice is to declare bankruptcy. On Tuesday [...]
Actual legislative language of Senate-passed fiscal cliff deal. ow.ly/gsNPZ
— Bruce Bartlett (@BruceBartlett) January 1, 2013
Because the payroll tax cut is expiring and the Make Work Pay tax cut is not coming back, most working Americans will also see a tax increase. The most galling thing is that 98 percent [...]