by Robert Borosage | Aug 3, 2011 | Blog
What did Republicans learn from the debt ceiling debacle? All the wrong lessons. Here is Senate Republican leader Mitch McConnell gloating about taking the economy "hostage." "I think some of our members may have thought the default issue was a hostage you might take...
by Robert Borosage | Aug 2, 2011 | Blog
The debt ceiling agreement passed by Congress today sets up a 12-person "super committee" with extraordinary powers and the mandate to locate $1.5 trillion in spending cuts and/or increased revenues for expedited vote by December. The Republican and...
by Robert Borosage | Aug 1, 2011 | Blog, Economy
The raw deal on the budget ceiling has been cut. The Tea Party terrorists – the extremist faction willing to hold the economy hostage to get their way – have won. The Republic, common sense and decency have been trampled. With the economy deeply depressed, 25 million...
by Robert Borosage | Jul 31, 2011 | Blog, Economy
Get out the togas; Congress is fiddling while Rome burns. As the grim economic numbers show, this economy is barely moving, crippled by government cutbacks that once more cost jobs. 25 million people are in need of full time work, a number that is growing as the...
by Robert Borosage | Jul 26, 2011 | Blog
Seldom have we witnessed a more dishonest speech in prime time than that delivered by House Speaker John Boehner last night on the debt ceiling crisis. “The sad truth,” he declared, “ is that the president wanted a blank check six months ago, and he wants a blank...
