Obama’s Battle of the Bulging Deficit
“We’ll Need To Raise Taxes Soon” opines Roger Altman, a former Deputy Treasury Secretary under President Clinton, in a Wall Street Journal editorial today. Of… Read More
“We’ll Need To Raise Taxes Soon” opines Roger Altman, a former Deputy Treasury Secretary under President Clinton, in a Wall Street Journal editorial today. Of… Read More
Barney Frank, Chairman of the House Financial Services Committee has suggested that Fannie Mae and Freddie Mac, the now bankrupt housing finance giants, should relax… Read More
On June 15, the International Monetary Fund (IMF) released a study suggesting national tax policies contributed to, but did not cause, the credit boom and… Read More
Senate Finance Committee Chairman Baucus’ recent off-the-cuff remarks to CBO Director Elmendorf highlight the critical role the CBO will play in the coming health care… Read More
President Obama has made health care reform among his very top priorities. Good. The health care system is deeply troubled from soup to nuts. Cost,… Read More
Long-term interest rates are rising rapidly, with the 10-year Treasury pushing against 4 percent for the first time since the summer of 2008 – before… Read More
President Obama has appointed yet another czar. This time it’s a pay czar, Kenneth Feinberg, to monitor the compensation paid to seven companies currently under… Read More
The economy shed 345,000 jobs in May and the unemployment has jumped to 9.4 percent, its highest level since 1983, and this is regarded as… Read More
President Obama recently said, One hundred days ago, in the midst of the worst economic crisis in half a century, we passed the most sweeping… Read More
The U.S. Treasury auction of long-term bonds on Thursday was “terrible”, in the words of one Wall Street economist, with the rate on the 30… Read More