Tag: Federal Debt
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Tea Partiers: be careful what you wish for
Much has been written about Speaker of the House John Boehner’s recent resignation announcement. The news wasn’t particularly surprising to me. The only element of surprise to me was how long he held on. Today being speaker means trying to govern when a sizeable and very vocal part of your own party actively wants anarchy…
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My crystal ball on how the sequester will play out
Lots of pundits are puzzling through the politics of the federal sequester that began March 1, trying to figure out how long it will last and what the end game will be. If it were simply a matter of exercising common sense, it would have never occurred in the first place. Neither party claims it…
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Playing Public Debt Poker
Predictably, Republicans walked away yesterday from negotiations on extending the federal debt ceiling. It was predictable but it was also childish. Led by House Majority Leader Eric Cantor, Republicans attending the talks led by Vice President Joe Biden said there was no point in continuing negotiations unless all tax increases were taken off the table.…
Occam's Razor 