New Dem minority demands GOP fix high unemployment - TheDC

Politics | Jon Ward

Democrats now in minority looking a lot like old GOP as they harp on high unemployment

Republicans seek to replace 'PAYGO' with 'CUTGO' - TheDC

Politics | Jon Ward

House GOP rule to require mandatory spending be offset by equal cuts

A new era for the People's House

Opinion | Rob Bluey

The new House rules that Republicans plan to introduce in January will increase the chamber’s transparency.

Men with a plan - TheDC

Politics | Jon Ward

Debt reduction proposal angers left, gets noncommittal White House response

Oil and spending: A tale of two gushers

Opinion | Hon. Ernest Istook

BP at least has worked to shut off the flow; Washington is opening the spigot even wider. Nobody knows how long it will take to clean up the mess in the Gulf, but one thing’s for certain: Cleaning up the fiscal mess will take a lot longer.

Dems considering $197 billion in unpaid-for 'emergency spending' - The Daily Caller

Politics | Jon Ward

Increased spending, without budget cuts, have been happening more and more in Congress

The Coburn calculation - The Daily Caller

Politics | Gautham Nagesh

The famously ferocious conservative has complimented Pelosi, derided ’emotional’ attacks and continues to be a one-man blockade against spending bill

Bipartisan criticism for bipartisan spending bill - THE DAILY CALLER

Business | Gautham Nagesh

The Senate passed a $15 billion spending bill on Wednesday that gives employers a tax break for new hires and authorizes billions more for transportation projects

Dems lack credibility on deficit reduction

Opinion | John Rossomando

Efforts by Democrats to point the finger back at Republican opponents for the explosion of the national debt and deficit in recent years ignores their own dismal track record during the last two years of the Bush administration.

Is there any solution to the debt crisis?

op-ed | Warren Coats

As the amount of a debt grows larger, the payment of interest it promises to lenders increases. If it grows faster than the borrower’s income, the burden grows as a share of his or her income. If the burden grows too large, the promise must be broken, leaving those who lent the money holding the bag. As the prospect of default increases, bondholders demand higher interest rates to compensate for the risk. No one knows exactly where the default cliff is and thus when to dump bonds, but everyone knows when you have driven off it.

$1.6 trillion in the red

Politics | Gautham Nagesh

The nation’s deficit is set to rise to $1.6 trillion under the budget for 2010 that President Obama will unveil Monday, forcing the White House to vow that they are devoted to bringing the imbalance under control

White House: Message heard - THE DAILY CALLER

Politics | Jon Ward

A White House statement Wednesday encouraging Congress to enact binding pay-as-you-go rules into law is the latest in a battery of moves by President Obama on fiscal responsibility