Tag: congressional action

Yes the headline is harsh, but so are the actions of the GOP. Tonight President Obama is to ask for an extension of the payroll tax cuts and even increase them. Hasn’t the right been telling us that tax cuts are what keeps the economy rolling? Well apparently not now: Congressional Republicans over the past […]

Apparently when Bush had the national debt limit raised to $9 trillion recently, that wasn’t enough: A $2.7 trillion budget plan pending before the House would raise the federal debt ceiling to nearly $10 trillion, less than two months after Congress last raised the federal government’s borrowing limit. The provision — buried on page 121 […]