White House

Budget Battles

  • The Good News about Big, Bad Government Debt

    By Bruce Bartlett, The Fiscal Times

    As the late economist Herb Stein always used to say, trends that can’t continue don’t. This is widely known around Washington as Stein’s law. While obviously true, however, it tells us nothing about...

  • Will Geithner's Exit Affect the Debt-Ceiling Battle?

    By RACHELLE YOUNGLAI, Reuters

    Treasury Secretary Timothy Geithner's plans to leave near the end of January put the White House in a tricky spot, depriving the Obama administration of its longest-serving economic adviser for its...

  • Who Pays More Under Fiscal Cliff Deal?

    By Yuval Rosenberg

    The fiscal cliff tax deal passed by Congress late last night raises income taxes on less than 1 percent of American households, but will also result in higher tax payments for others not in that high...

  • Business Leaders Say Cliff Deal Won’t Create Jobs

    By Jim Tankersley, The Washington Post

    A day after Congress managed to avert the fiscal cliff, business leaders warned that the agreement will hurt sales and hiring, won’t unlock investment and leaves the economy riddled with...

  • Boehner Makes U-Turn After Christie Tongue-Lashing

    By David Lawder and Ian Simpson, Reuters

    House Speaker John Boehner made a U-turn on Wednesday to clear the way for approval of $60 billion in Superstorm Sandy relief by mid-January after drawing withering fire from fellow Republicans,...