As a political junkie, I’ll admit it: I love the president’s annual State of the Union speeches, regardless of who’s in the White House.
11:14 AM 08/30/2011
“The fiscal consolidation plan … falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics.” S&P, August 5
2:40 PM 02/11/2011
Pivotal moments for a presidency rarely happen on a schedule: acts of terrorism, natural disasters, and sudden financial crises are usually the kind of events that intervene to dominate a political era. Yet, Monday's release of the president’s new budget could end up being one of those moments that set a new course for our nation’s fiscal and economic future.
3:05 PM 09/03/2010
For most Americans, the Labor Day weekend will be a welcome reprieve from the nine-to-five grind. But for nearly 15 million Americans, today is little more than a sad reminder they are without a job.
10:59 AM 07/07/2010
As politicians continue to debate how to cure our ailing economy, the American people have already made one diagnosis: more government spending is not the antidote to our economic malaise.
12:00 AM 05/27/2010
Memorial Day is an occasion to remember all of the brave men and women who gave their lives for our country. Indeed, America has a proud history of defending freedom the world over. Yet this weekend, Americans should also consider the future. Will we have the resources to fight the next time our country is called to duty?
12:00 AM 05/19/2010
Riots in Greece and a stock market spooked by the growing risk of government default has increased attention in the United States on the need to reduce our own national debt. The President’s National Commission on Fiscal Responsibility launched this month and commission members took turns describing the gravity of our economic situation. Concern about the level of U.S. debt is certainly warranted, but it shouldn’t be used as an excuse for passing tax increase, or even worse, for creating a whole new extra system of taxation, like a value-added tax (VAT).
12:00 AM 05/06/2010
Instead of rioting in protest of its government, Greeks should be thanking their fellow European Union members for coming to the rescue. The European Union members are coming to the rescue in the form of a $146 billion loan. The hope is that this loan will give Greece time to restructure its debt and make significant internal reforms, and prevent further damage to the Euro.
