White House

Budget Battles

  • GOP: All Talk on Eliminating Tax Breaks—No Action

    By Bruce Bartlett, The Fiscal Times

    The principal problem for tax reform has always been that people want lower tax rates and in theory are willing to give up tax deductions and loopholes to pay for them, but they strenuously resist...

  • Romney's Goal: Energy Independence by 2020

    By Steve Holland, Reuters

    Republican presidential candidate Mitt Romney will lay out policies on Thursday aimed at achieving North American energy independence by 2020 by pursuing a sharp increase in production of oil and...

  • Why Serious Talk of Balancing the Budget Went Bust

    By Eric Pianin and Josh Boak

    There was a time not too long ago when a balanced budget was the Holy Grail of the GOP, and Democratic President Bill Clinton put the government on track for four straight years of surpluses. But in...

  • 4 Ways the GOP Convention Can Win it for Romney

    By Edward Morrissey

    Next week’s Republican convention marks the real start of the presidential campaigns. That’s when voters typically start paying attention to the election and assessing the candidates and the issues...

  • Fed Considers New Push for Ailing Economy: QE3

    By PEDRO DA COSTA and Alister Bull, Reuters

    The Federal Reserve is likely to deliver another round of monetary stimulus "fairly soon" unless the economy improves considerably, minutes from the U.S. central bank's latest meeting suggested.