In the history of mankind, many republics have risen, have flourished for a less or greater time, and then have fallen because their citizens lost the power of governing themselves and thereby of governing their state. TR

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White House Debt Ceiling Session Fails to Bring Progress

A White House meeting between President Obama and congressional leaders broke up tonight after 75 minutes without much movement toward an agreement on a deficit reduction deal. The group, which reportedly didn’t get along very well, will reconvene at the White House Monday. The White House says President Obama continues to have hope for a deal in the range of $4 trillion, something that has

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Obama, Boehner Fail to Strike $4 Trillion Deficit Cutting Deal

President Obama and Republican leaders have failed to agree on an “ambitious” debt reduction deal in the range of $4 trillion and will now focus on a $2 trillion plan based on cuts identified by the “Biden Commission” that met throughout the spring. House Speaker Boehner was forced to back away from the deal amid unhappiness from within his caucus and among fellow GOP leaders

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