At a time when Congress is 'universally despised,' the climate for Election 2014 could be especially unfavorable for incumbents, more than anti-Democrat or anti-Republican, Celinda Lake of the bipartisan Battleground Poll said March 25.
GOP Rep. Dave Camp wants his recently unveiled tax reform plan to bring simplicity to a US tax code that is '10 times the size of the Bible with none of the good news.' It won't get traction this election year, but it starts the conversation.
Obama's fiscal 2015 budget calls for a 1 percent raise for federal workers. Recent years have been worse, with pay freezes. There's no 'crash' yet in workforce quality, but OMB Director Sylvia Mathews Burwell worries it could happen.
The White House didn't like the recent Congressional Budget Office report showing that a $10 minimum wage would cost the economy 500,000 jobs. Director Douglas Elmendorf defends both the report and the CBO's work in hyperpartisan times.
A number of economists from the White House and beyond have criticized a CBO report on the effects of potentially boosting the minimum wage to $10.10 an hour. But CBO Director Douglas Elmendorf isn’t backing off.
Gene Sperling, director of the National Economic Council, hopes Republicans' tactic of contesting each increase of the national debt ceiling is permanently 'off the table.' He also offers cautious hope that the economy will keep improving.
A boost to long-term investment in the US may result, now that Congress appears poised to raise the national debt ceiling without provoking another showdown, says Gene Sperling of Obama's National Economic Council.
'Economic logic' indicates that a pathway to citizenship for illegal immigrants would be good for the US economy, Jason Furman, chairman of the President's Council of Economic Advisers, said at a recent Monitor Breakfast.
But US military aid for Iraq should be contingent on evidence that Prime Minister Nouri al-Maliki is reaching out to Sunnis, says former Defense Secretary Robert Gates. Iraq's government is lately battling attacks from Al Qaeda-linked insurgents.