Special Prosecutors: Be Careful What You Wish For
There have been various calls in recent days for the appointment of an independent counsel to explore and expunge the IRS’s selective investigation of conservative... Read »
Rand Paul Upsets Senate’s Apple (AAPL) Witch-Hunt
The Senate hearings on Apple’s (NASDAQ:AAPL) alleged manipulation of corporate tax laws have taken a rather unexpected turn. The usual political grandstanding... Read »
Is Nuclear Winter Coming to the Senate this Summer?
It seems the Senate could have a really hot summer. Majority leader Harry Reid (D-NV) has reportedly threatened to “go nuclear” this July—meaning that Senate... Read »
Fiscal Prioritisation: Lessons from Three Wars
Can we learn from previous instances of fiscal prioritisation? This column surveys the US Treasury’s response to three wars – the Revolutionary War, The War... Read »
Obamacare Bulge?
The Congressional Budget Office put conservative economic thinkers on their ass this week. In this Report (pdf), the CBO concluded that the US budget deficit is... Read »
Heidi Strikes Back
It took more than two decades, but Sen. Mary Kathryn “Heidi” Heitkamp got a long-awaited chance to have the last word against the Supreme Court. That’s no... Read »
A Congressman from Illinois Wants the IRS to Do Your Taxes for You
Former acting commissioner of the Internal Revenue Service Steven Miller was rolling along pretty good on Friday, bravely facing down his inquisitors from the House... Read »
Treasury Sec. Jack Lew on the IRS Controversy
On this week’s “Political Capital with Al Hunt,” airing tonight at 9:00PM/ET, Bloomberg TV anchor and Bloomberg View columnist Al Hunt interviews... Read »
The Real Scandal and Systemic Abuse of Power
“This systematic abuse cannot be fixed with just one resignation, or two,” said David Camp, the Republican chairman of the House tax-writing committee, at an... Read »
No, It Looks Like the House Has Not Unintentionally Eliminated the Debt Ceiling After All
In my previous post I argued that, in passing H.R. 807 on May 9th, the House of Representatives might have unintentionally eliminated the debt ceiling “as a serious... Read »
Pyromaniacs on the Potomac: The Problem With Obama’s Second Term
Six months into a second term and the Obama White House is on the defensive and floundering: Benghazi, the IRS’s investigations of right-wing groups, the Justice... Read »
Where Does The Buck Stop?
So much for hope and change. The stench of the cesspool of scandalous activities in Washington is now bubbling over into the backyards of those who have previously... Read »
America’s Political Woes
Howard Baker’s famous question, uttered in the days of the Watergate hearings, is now being echoed in reference to Benghazi and other matters: “What did the... Read »
Serious Cuts, Tax Increases Possible Due to Health Care, Pension Costs
HARRISBURG, Pa. — People will be paying more and getting less from their governments as health costs and pension obligations will force state and local governments... Read »
What to Expect from Erdogan’s Washington Visit
Turkish Prime Minister Recep Tayyip Erdogan today heads off to Washington for a two-day visit that will find him and President Barack Obama covering several contentious... Read »
The Not-So-Inside Skinny on the IRS Scandal
President Obama was shocked – shocked! – to learn from press reports that the Internal Revenue Service has been singling out his political opponents for special... Read »
Obamacare: Unaffordable for Many
A month ago Senator Max Baucus, a Democrat from Montana, projected that he envisioned the implementation of the President’s new health care program, aka Obamacare,... Read »
Mr. President, End Debt Ceiling Hostage-taking for Good!
On May 9, 2013, The Republican House passed H.R. 807 the Full Faith and Credit Act. The Bill says in part: (a) In General- In the event that the debt of the United... Read »
Everything’s Political
How sad. In light of the ongoing developments with the stories centering on Benghazi and the abuse of power within the IRS, I feel compelled to offer a brief comment. Politics... Read »
We’re from the Government and Here to Help You – Translation: RUN!
The Obama administration is planning on easing repayment terms for student loans: The White House proposes that the government forgive billions of dollars in student... Read »
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