Two months late and in violation of federal law the Obama administration released its long awaited budget. Not surprisingly the release drew strong rebuke from Republicans who described it as a “reheated” plan that simply reiterates past proposed tax hikes […] ↓ Read the rest of this entry…
Posts Tagged debt crisis
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Negotiations to avert the “fiscal cliff” have not gone well. After meeting with Treasury Secretary Timothy Geithner, House Speaker John Boehner said Geithner offered no “specific” plan for averting the looming end-of-year fiscal crisis, adding: “This is not a game.” […] ↓ Read the rest of this entry…
When the news broke today that President Barack Obama was pushing the European Union (EU) leaders to hasten their actions to address the euro-zone debt crisis you could almost hear the European snickers all the way over here. Who are […] ↓ Read the rest of this entry…