Democrats Capitulate on Revenue—or Do They? Democrats Capitulate on Revenue—or Do They?
The latest Democratic proposal doesn’t demand revenue increases in exchange for spending cuts—but it lets the party fight on the Bush tax cuts next year.
Jul 25, 2011 / The Notion / George Zornick
Gang of Pain: Who Suffers Under the Bipartisan Deficit Reduction Scheme Gang of Pain: Who Suffers Under the Bipartisan Deficit Reduction Scheme
Tax cuts for billionaires and corporations. Cuts to the elderly, students, the disabled and poor. Welcome to the Gang of Six's idea of "shared sacrifice."
Jul 20, 2011 / The Notion / George Zornick
Who Is Richard Cordray? Who Is Richard Cordray?
Obama’s choice to head the CFPB isn’t very well-known nationally—but Ohioans are familiar with his battles against Wall Street.
Jul 19, 2011 / The Notion / George Zornick
Bernanke Not Ready to Address Unemployment… Yet Bernanke Not Ready to Address Unemployment… Yet
Fed chairman Ben Bernanke appeared before Congress this week and sent mixed messages on his willingness to address the jobs crisis.
Jul 15, 2011 / The Notion / George Zornick
Mitch McConnell Opens the Escape Hatch in Debt Limit Talks Mitch McConnell Opens the Escape Hatch in Debt Limit Talks
Senate minority leader wants to give up Republican leverage and just let Obama raise the debt ceiling. It’s a stunning concession, but will it work?
Jul 13, 2011 / George Zornick
Will Eric Cantor’s Financial Backers Allow Him to Kill a Debt Ceiling Increase? Will Eric Cantor’s Financial Backers Allow Him to Kill a Debt Ceiling Increase?
Eric Cantor and his fellow Republicans are so deeply beholden to Wall Street firms that would be damaged in a debt default, that one wonders if their stance is one big bluff....
Jul 11, 2011 / George Zornick
The Paradoxical, Dangerous Balanced Budget Amendment The Paradoxical, Dangerous Balanced Budget Amendment
Talk of a “balanced budget amendment” abounds in Washington—but few realize what it would actually entail.
Jul 6, 2011 / The Notion / George Zornick
A Stunning Development in the Swipe Fee Debate A Stunning Development in the Swipe Fee Debate
After a fierce battle, it appeared Wall Street lost a battle in Washington—until the Federal Reserve swooped in to save the day.
Jun 30, 2011 / The Notion / George Zornick
Implementing the DREAM Act, Piece by Piece Implementing the DREAM Act, Piece by Piece
The DREAM Act is dead in Congress—but the Obama administration and several states are implementing many of the bill's key goals.
Jun 29, 2011 / The Notion / George Zornick
Debt Ceiling Theatrics Get More Dangerous by the Day Debt Ceiling Theatrics Get More Dangerous by the Day
As Republican threats not to raise the debt ceiling become more credible, the danger to the economy gets more serious.
Jun 28, 2011 / George Zornick