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LORI MONTGOMERY

Contributor

Recent Posts

Obama's 10-Year Deficit Reduction Smaller Than Proposed

Posted: 5/19/2013 12:02:00 AM

President Obama’s budget request would raise taxes by nearly $1 trillion compared with current law and cut spending by nearly $200 billion, congressional budget analysts said Friday. All told…

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Senate Democrats Pass $3.6 Trillion Budget

Posted: 3/23/2013 9:22:00 AM

The Democrat-controlled Senate approved its first budget blueprint in four years early Saturday, a political milestone that capped months of GOP criticism and set the stage for direct negotiations…

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Obama Golfs, Congress Leaves Town As Budget Cuts Loom

Posted: 2/17/2013 12:10:00 AM

As deadlines go, the March 1 sequester lacks punch. Nobody’s taxes will go up; the U.S. Treasury won’t run out of cash. Government offices won’t immediately turn out the lights and lock the doors.…

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Obama Alarms Deficit Hawks on 'Debt Stabilization'

Posted: 2/12/2013 12:07:00 AM

When President Obama delivers his State of the Union address Tuesday evening, here’s one thing you won’t hear: an ambitious new plan to rein in the national debt. In recent weeks, the White H…

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Rates, Estate Tax Are Sticking Points in Possible Deal

Posted: 12/30/2012 12:02:00 AM

Senate negotiators labored late into Saturday over a last-ditch plan to avert the “fiscal cliff,” struggling to resolve key differences over how many wealthy households should face higher income t…

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TODAY’S BELTWAY BLAST

We've hit the debt ceiling again, and the U.S. is on life support. Are we headed for another blowout?