Scott Galupo


July 2011


The GOP's Lost Debt Ceiling Opportunity

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As we teeter closer to the edge of "Debtmageddon," it's worth pausing to recall the "grand bargain" between Republicans and the White House—the Deal that Almost Was

With no increases in individual tax rates and three dollars in cuts for every new dollar in revenue, could the House have swallowed it?

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TAGS:
debt
deficit and national debt
Republican Party
Democratic Party
White House
House of Representatives
politics

End This Game of Debt Ceiling Chicken

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It was a horrible idea to begin with, pegging a debt ceiling increase to a big-sky deficit-reduction deal: a Molotov cocktail of long-term adjustments and short-term urgency.

Add to that cocktail a sputtering economy; a vacillating president who just months ago caved on tax-cut extensions he clearly ...

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TAGS:
McConnell, Mitch
Republican Party
Obama, Barack
Obama administration
politics
Congress
deficit and national debt
unemployment

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