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A number of folks in recent weeks have question or criticized my views, both here at OTE and on TV, regarding endorsing spending cuts, including some targeted at the social insurance programs Medicare and Social Security.
Today is the day that Harry Reid and Mitch McConnell are supposed to be negotiating a deal on the Fiscal Cliff.
Two Republican Senators began to signal today that they will attempt to frame negotiations around an increase in the debt ceiling, potentially creating a situation early next year that would mirror the crisis of the summer of 2011.
The inside line from Washington is that there will be no Fiscal Cliff deal before the end of the year.
Speaker John Boehner, using his harshest tone of the fiscal cliff debate, said the White House has “done nothing” since he relented on letting low tax rates lapse on wealthy Americans.
John Boehner's 1 minute press conference
Progress in talks in avoid a fiscal crisis appeared to stall on Wednesday as President Barack Obama accused Republicans of digging in their heels due to a personal grudge against him, while a Republican leader called the president "irrational."
Foreign ownership of U.S. Treasury securities rose to a record level in October, a sign that overseas investors remain confident in U.S. debt despite a potential budget crisis.
Leszek Balcerowicz, the man who saved Poland's economy, on America's mistakes and the better way to heal from a financial crisis.
Modern liberalism works in a simple but effective manner: liberals Find Problems.
Bloomberg is reporting that President Barack Obama is weighing a "Social Security concession" in negotiation of a deal to avert the so-called fiscal cliff.
President Barack Obama and top Republican John Boehner met at the White House on Monday as hopes rose that Washington will be able to head off steep tax hikes and spending cuts that could push the economy into recession next year.
Politico: Did Amash and the others get purged from their committee positions due to their principled stances on tough issues (that were often at ends with the Republican Establishment)?
The "compromise" in the fiscal cliff deal from Democrats is supposed to come in the form of spending cuts.
Today the twin fake memes of a "Fiscal Cliff" and "Austerity" are combining to create a contrived excuse to tax and steal far more of your wealth and income, including your retirement benefits.
Even as U.S. government debt swells to more than $16 trillion, Treasuries and other dollar fixed- income securities will be in short supply next year as the Federal Reserve soaks up almost all the net new bonds.
The Pentagon is facing its worst cash crunch in more than a decade, with potential cuts of up to a half-trillion dollars over the next decade if Congress doesn’t act soon.
Hose Speaker John Boehner says it should be, but with a Democratic president and Senate, the reality could be that Republicans will only be able to chip away at the edges of Obamacare.
Merkel's day of reckoning as taxpayer haircut on Greece looms ... Germany, Holland, and the creditor states of northern Europe have not lost a single cent on eurozone rescue packages, so far.
The U.S. federal government is over $16.2 trillion in debt. But that doesn’t really matter, we’re told, because the Federal Reserve — a private banking monopoly — can create an unlimited quantity of dollars to keep buying up the U.S. debt. This is ca
President Obama’s Treasury Secretary Timothy Geithner has embraced the “Buzz Lightyear” strategy to overcome the fiscal and debt crisis known as the “fiscal cliff”: to infinity and beyond.
A common trope of hawkish foreign policy writers is that America took a "holiday from history" by starting too few wars and trimming military spending in the 1990s.
Sound cynical? Maybe! Realistic? Most definitely! Paranoid? Only because everyone is out to get me! The first thing is that we all need to agree that the Democrat Party, led by Barack Obama, is interested in only one thing? Maintaining power and t
Congressman Paul will discuss fiscal cliff negotiations in Congress as well as the latest developments in Libya.
Congress is still talking about a “Grand Bargain” that “balances” far more spending cuts than tax increases.
The US “cannot go on much longer” if it continues to spend and consume in the existing way, according to Ron Paul
With the elections out of the way, attention has again turned to the fiscal cliff – the over $600 billion in tax and spending provisions set to change on January 1, 2013.
As boisterous threats of the 'fiscal cliff' persist and progressive voices urge President Barack Obama to avoid falling for shortsighted solutions to illusory ultimatums
Since August 2011, we have know this painful combination of tax-cut cessations and spending cuts (sequestrations) was due to hit as yet another painful decision 'can' was kicked down the road by the 'super committee'.
Ron Paul on The Alex Jones Show
