The war isn’t over. It’s only a cease-fire.
Republicans have agreed to fund the federal government through January 15 and extend the government’s ability to borrow (raise the debt ceiling) through Feb. 7. The two sides have committed themselves to negotiate a long-term budget plan by mid-December.
Regardless of what happens in … More >
One of the most important yet least acknowledged aspects of the debt ceiling drama currently gripping Washington is the fact that Republican stubbornness is increasing our national debt. Rather than placing the country on a sound fiscal footing, the GOP’s ongoing refusal to raise the debt ceiling has worsened our … More >
I was there in 1995 when the government closed because of a budget stalemate. I had to tell most of the Labor Department’s 15,600 employees to go home and not return the next day. I also had to tell them I didn’t know when they’d next get … More >