Congress

2:58am

Mon July 30, 2012
Book Reviews

A Portrait Of A Country Awash In 'Red Ink'

Originally published on Fri August 3, 2012 3:15 pm

As the federal debt balloons, reducing it would seem more and more pressing. Yet policymakers remain far apart. Debt, deficit and budget rhetoric is often accompanied by numbers cherry-picked to support a particular political view.

But a new book by Wall Street Journal economics writer David Wessel lays out the numbers that both political parties face.

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5:38am

Sun July 29, 2012
Economy

Business In A Slump: Scraping By Three Years Later

Originally published on Sun July 29, 2012 9:58 am

Transcript

DAVID GREENE, HOST:

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3:57am

Sun July 29, 2012
Politics

Forget The Debt Ceiling? The 'Avalanche' Is Coming

Originally published on Thu August 2, 2012 12:21 pm

If Congress doesn't make a deal before January, massive spending cuts will go into effect automatically in 2013.
iStockphoto.com

In August, lawmakers will be heading home to their districts for the month's recess. Last summer, things weren't quite so calm.

A year ago at this time, Congress was in a nasty and protracted battle over whether to raise the debt ceiling. If they didn't make a decision, the government was going to go into default. It's a fight that cost Congress its already waning public support, and cost American taxpayers $1.3 billion.

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10:21am

Wed July 25, 2012
Economy

When It Comes To Tax Cuts, Neither Side Is Blinking

Originally published on Thu July 26, 2012 12:43 pm

Taxes may be certain, but growth and job creation aren't.

As the U.S. edges closer to a year-end "fiscal cliff," Democrats and Republicans haven't budged in their fight over expiring tax cuts for the wealthiest Americans — and how best to help the middle class and get the country back to work.

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9:32am

Wed July 25, 2012

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