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


Deficit Negotiations Break Down Over Taxes

President Obama stormed into the briefing room this evening to  proclaim that deficit negotiations had broken down, accusing House Speaker Boehner and Republicans of walking away from a deal because they refused to include any tax increases. I just got a call about a half hour ago from Speaker Boehner, who indicated that he was going to be walking away from the negotiations that we’ve

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Gang of Six Proposal Would Increase Taxes by $2.3 trillion

An analysis by former Bush National Economic Council Director Keith Hennessey of the bipartisan Senate “Gang of Six” proposal finds that the plan would raise taxes by $2.3 trillion over ten years. The proposal is one of the main deficit reduction strategies being considered as Obama and Republicans try to reach some kind of a deal in time to raise the debt ceiling before it

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Top Ten New Taxes Republicans Will Agree to

House Speaker John Boehner has secretly handed President Obama a list of ten large tax increases Republicans can agree to. Incredibly, Boehner believes that the new taxes will be widely popular and can easily pass both the House and the Senate. White House Dossier has obtained a copy of the list, and duly provides to you the top ten of these new taxes. See if

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Deficit Discussions Continue but Endgame Not in Sight

President Obama and House Speaker Boehner continued to hold out hope for a sweeping deficit reduction deal, but the formula for finding something Senate Democrats and House Republicans can agree on remains elusive. Speaking with the Republican caucus this morning, Boehner reportedly told lawmakers that something must pass by Wednesday in order to avoid breaching the debt ceiling. My understanding is  Boehner, House Minority Leader

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The Obama Morning News || July 22, 2011

President Obama and House Speaker Boehner are homing in on an agreement that would provide savings of $3 trillion over the next decade that would come from spending cuts and changes to entitlement programs, but with no immediate tax increases. The potential deal was getting hammered from all sides. House Republicans want to see an actual bill. Boehner and GOP tax cut wise man Grover

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