Elections have consequences. President Obama’s new budget represents a huge break, not just with the policies of the past eight years, but with policy trends over the past 30 years. If he can get anything like the plan he announced … Read more »
President Obama’s first budget recognizes what most of Washington has been too scared or ideologically blind to admit: to recover from George W. Bush’s reckless economic policies, taxes must go up.
Mr. Obama’s blueprint, released on Thursday, commits to cutting … Read more »
Thirty-five days after being inaugurated as America’s 44th president, Barack Obama discussed his economic agenda before a joint session of Congress last night. He focused on three priorities — health care, energy, and education — that will form the backbone … Read more »
The federal budget for fiscal year 2010 is due next week. The Obama Administration announced today the president has banned the use of four accounting tricks widely used during the Bush Administration to hide the size of deficit projections. But … Read more »
Speaking Wednesday in Mesa, AZ — a giant Phoenix suburb that is a “poster child for foreclosure” — President Obama announced a plan to “help as many as nine million American homeowners refinance their mortgages or avert foreclosure. He asserted … Read more »
Will President Obama defend Social Security from the folks who want to plunder it? That’s the question Bill Grieder poses in a critically important article in the The Nation magazine.
We’ll get an early indication this Monday when the president … Read more »
The Republican-engineered controversy around the stimulus is a phony.
The stimulus package that President Obama signed into law Tuesday is a modest effort, actually too modest, at arresting the free fall of the American economy. It’s just not that expensive … Read more »
President Obama has inherited a crisis in Afghanistan. “Large parts of the country, perhaps 70% of Afghan territory, are no-go areas for security forces and government officials. … Narcotics production has coalesced into enormous tracts of poppy in Taliban-controlled areas, … Read more »
Of the 219 Republicans in Congress, it now appears only three will support the stimulus bill… Read more »
