Read the entire report at AmericanProgress.org.
The current economic relationship between the United States and China is perilous for both countries. The nature of that peril is quite different than is commonly perceived.
China’s large and rapidly growing stash of U.S....
Since the Republican Conference of the U.S. House of Representatives is largely made up of individuals who believe their party lost the 2008 elections because they did not run far enough to the right, it is not surprising that...
If it weren’t so painful it would be downright hilarious. There is a seemingly endless procession of former free market proselytizers, including captains of industry, banking, and finance, trudging toward Washington to seek a handout, and it has become...
As Senator Richard Durbin (D-IL) pointed out on the Senate floor yesterday, nearly all of the objections to the pending stimulus package are directed at a small number of programs that make up a fraction of 1 percent of...
Amity Shale’s column “FDR Was a Great Leader, But…,” in Sunday’s Washington Post, is only the latest of many recent conservative pieces arguing that the New Deal proves we should not use fiscal stimulus to curtail the current economic...
C-SPAN viewers were at serious risk of whiplash last Wednesday night as they tried to follow the floor debate in the House of Representatives on President Obama’s economic recovery program. After bemoaning the fact for more than a week...
This article first appeared at AmericanProgress.org.
“Where the action is in federal budgeting” is how the Budget Analysis Division of the Congressional Budget Office describes itself on the CBO website. “Because the division has a high ratio of analysts to...
When Treasury Secretary Henry Paulson called congressional leaders early last week to ask for $700 billion in public funds to buy distressed loans and securitized loans from the nation’s failing financial institutions, he was told that such a package...
When Tom DeLay officially resigns from Congress he will leave an empty seat in Texas and another one on the House Appropriations Committee. He will also leave the Republican Party up to its neck in scandal — much of...