House GOP Whip Kevin McCarthy came equipped with deficit and debt charts to a Monitor breakfast today. It's time to take the slide show to the country, he said. Will the nation applaud?
The warring factions could be taking note of voter restlessness over the long standoff between the governor and Wisconsin's state workers – or they could simply be wearing down. Either way, hint of compromise is in the air.
In recent opinion polls, the US public gives Congress a starting place to look for cuts in federal spending. Energy industries and 'earmarks' top the list, but there's more.
The tea party freshmen in the House have shown their muscle in the skirmish over spending cuts for this year's budget. They should redirect their zeal to a much more important battle – reforming Social Security, Medicare, and Medicaid.
Either way, discussions about public employee compensation do need to be part of long-term budget fixes.
Despite the ongoing attempts of House Republicans to kill President Obama's health-care reform law, the history of America's intense debate over ratifying the Constitution should make us optimistic about the law being accepted, improved, and implemented.
Congress has less and less leeway for closing the budget deficit as outlays for entitlement programs grow.
Jacob Lew responded Thursday to a report that some senators are working on legislation that would trigger tax hikes and spending cuts if Congress fails to live within spending targets.