Tag Archives | fiscal cliff

Take the Phone Off the Hook

I have been covering the fiscal cliff deal and the subsequent jockeying in advance of debt ceiling negotiations in my RCP newsletter. By the nature of that newsletter, I don’t give my own opinion, but I hardly need to. The facts are pretty clear and it’s easy to draw your own conclusions. Speaker of the […]

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The Spirit of Resistance

In a stunning development, Speaker of the House John Boehner was forced Thursday night to drop his “Plan B,” a bill that would have raised the top marginal rate on people with incomes over $1 million. The theory was that Boehner could undermine President Obama’s position in the fiscal cliff bargaining by caving in to […]

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The Fiscal Cliff Agenda

In an unusually rambling piece (from which I am transmitting only the central paragraphs), George Will gets to the epistemological heart of the “fiscal cliff”: “[S]pending is the main culprit” because: Today federal revenue is $2.67 trillion (slightly less than “the Clinton equivalent”) and spending is $3.76 trillion, so we are spending $987 billion more […]

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