Yes, the rest of the world is watching this embarrassing debt ceiling nonsense, and it is growing dismayed.
On Tuesday, ThinkProgress launched a petition requesting a Department of Justice investigation into potential violations of U.S. law by News Corporation.
With the important caveat that the accounting on both the spending and tax sides can get tricky, this seems like an awfully good deal for Republicans. Much to the chagrin of many Democrats, the mix of spending cuts and tax increases that Mr.
There aren’t many positive aspects to the looming possibility of a U.S. debt default.
Everybody knows what the tea party members oppose. High taxes. Big government. Obama's health care plan.
Michele Bachmann is practically synonymous with political controversy, and if the 2008 presidential election is any guide, the conservative Lutheran church she belonged to for many years is likely to add another chapter due to the nature of its beliefs--such as its assertion, ex …
Funny story, from Reuters columnist David Cay Johnston: Over the past four years Murdoch's U.S.-based News Corp. has made money on income taxes. Having earned $10.4 billion in profits, News Corp. would have been expected to pay $3.6 billion at the 35 percent corporate tax rate.
If a deal isn't reached, the United States will continue paying interest on the national debt, thus avoiding anything that would constitute official default.
The correlation is probably not a coincidence: the more House Speaker John Boehner (R-Ohio) loses control of his caucus, the more he loses his cool. Burned by the fact that their prescription for reducing the deficit and increasing the national borrowing limit either can’t …
Their latest misstep is a wave of voter identification laws sweeping Republican-dominated state legislatures.
Skeptics has not initiated any private discussions.