The Secret Austerity Society: Bipartisan Group Works on Grand Bargain

By: Sunday March 4, 2012 4:20 pm

Here we go again. Intransigence from Republicans basically kept us out of a grand bargain last year. Plenty of Democrats were willing to do it, the White House was more than willing to do it, and even John Boehner was willing to do it, at least on a conceptual level. But House Republicans wouldn’t betray [...]

Bipartisan Pols Tell Super Committee to “Go Big” on Deficit Reduction

By: Wednesday November 16, 2011 12:55 pm

Over 100 members of the House and Senate, from both parties, tried to line themselves up on the sorrowful side of the failure of Super Committee today, holding a press conference urging a big deficit deal. Never mind the fact that a big deficit deal wouldn’t pass Congress. Never mind the fact that most of [...]

Republicans Try to Change Tax Debate to an Amorphous “Revenue” Debate

By: Monday November 7, 2011 8:15 am

Grand bargaineers buzzed as a proposal from 100 members of Congress – including 40 Republicans – dropped late last week, encouraged the Super Committee to seek all measures at deficit reduction, including revenue increases. But the Republican ringleader behind the letter clarified his position yesterday: Rep. Mike Simpson said Sunday that new revenues are central [...]

Reid, Schumer Highlight Republican Hints at Government Shutdown

By: Friday February 11, 2011 9:41 am

Senators Harry Reid and Chuck Schumer jumped all over comments today by a House Republican that essentially threatened a government shutdown over the continuing resolution on the Fiscal Year 2011 budget. They asked House leadership to clarify whether they agree that a government shutdown is possible in the next three weeks, when the current continuing [...]

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