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Conflicting messages on compromise
A new NBC/WSJ poll shows that Americans are getting increasingly concerned about the fiscal cliff. Seventy-seven percent of responds have seen, read, or heard news coverage about the issue and fully...
View ArticleSorry, conservatives: Tax rates are going up
From my latest article in The Atlantic: Given that our structural deficit overwhelmingly reflects a spending problem and not a revenue problem, it is unfortunate that the Democrats have succeeded in...
View ArticleObama’s second term mandate won’t make it to Obama’s second term
I think my pal Jen Rubin is correct, Speaker Boehner and the House GOP have put President Obama and the Dems “in a box” with the Boehner Plan B to avoid a fiscal cliff. Rubin: The White House is acting...
View ArticleThe chart that shows why JPMorgan calls the fiscal cliff ‘nothing but theatrics’
Economist Michael Feroli of JPMorgan makes a great point in a new report about the fiscal cliff. Almost whatever the outcome, he points out, it will do little to nothing to change the nation’s lethal...
View ArticlePlan A, Plan B … oops
The Boehner fallback plan that imploded last night looked like pretty good strategy. As political analyst Chris Krueger of the Washington Research Group argued in a research note yesterday, Plan B...
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Is this the compromise that will cost Boehner his speakership?
Wall Street is skittish and may force a fiscal cliff compromise. Chris Krueger of the Washington Research Group points to the Keep It Simple Stupid option: This is the simplest solution, though Boehner...
View ArticleNo fix: The cliff dive is for keeps
Guidance out this week from Defense Secretary Leon Panetta follows an increasingly popular approach in Washington surrounding sequestration: Slow roll its implementation. Some of this is legitimate...
View ArticleDouble taxation of dividends: Going in the wrong direction
From an economic and financial perspective, one of the worst things about Washington’s “fiscal cliff” tax deal is that it increases the double taxation of corporate dividends. Adding to the 35% that...
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The fiscal cliff and the book on Washington: What you may have missed in this...
Post-mortems on the Fiscal Cliff: Gallup was first out of the box to gauge reactions to the fiscal cliff deal with a one-day (January 3) survey, and the organization found 43% approving and 45%...
View ArticleThe New York Times must choose: Ideology or protecting Americans’ health and...
In a sharp rebuke of a New York Times investigation, an analysis by the nonpartisan Congressional Budget Office found that a last-minute provision added to the early January “fiscal cliff” bill could...
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