With Pressure on All Sides, White House Defends Tax Cut “Framework”

By: Monday December 6, 2010 6:30 pm

Senior Administration officials tried to cast their deal on the Bush tax cuts in a positive light, even as forces on the left and right were mobilizing against it. The deal is so shaky that the White House officials and the President would only call it a “framework.” Several Democrats and Republicans in the House and Senate are already either simply opposed, or dedicated to mobilizing for defeat of the package, and the Senate Majority leader delivered a terse one-line statement only agreeing to discuss it with his colleagues. The biggest news here is that this deal isn’t done.

 

Late Night: You Don’t Roll Out a New Product Until Labor Day (Especially If It’s Underwhelming)

By: Friday September 3, 2010 8:00 pm

Maybe Andrew Card was right. Or maybe it’s just that when don’t have enough firepower to win the battle, you save your bullets as long as you can.

In Farewell Speech, Romer Calls for More Stimulus

By: Wednesday September 1, 2010 6:30 pm

In her final speech as a public official, the now former chair of the Council of Economic Advisers, Christina Romer, explained that the country required more stimulus to raise aggregate demand, and that failure to do so leaves “unemployed workers to suffer.”

Rep. Obey Stops War Funding Until Jobs Funding Passes [UPDATED]

By: Wednesday June 16, 2010 11:31 am

With all the uncertainty on the scope of the extenders bill, David Obey has decided to take a hostage. Basically, there will be no war funding until the extenders bill gets resolved.

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