What if Republicans offered Democrats a trade: Cut your revenue demands in half and, as part of a comprehensive tax reform, Republicans will agree to a $20-per-ton tax on carbon emissions.
There is a right to free speech in America, but that includes the right to dislike and condemn speech that is needlessly insulting to other religions -- and both Romney and the Egyptian Embassy are exercising that right.
If you want a perfect illustration of the dysfunction afflicting Washington today, you don't have to look any further than the "sequester." But let's not call it the "sequester." Let's call it what it is: The big, dumb spending cuts that no one wants.
There is huge variation in how the sequester effects different parts of government. Some programs will see their budgets cut by 10 percent, others by just 2 percent. Here's a graph to break it all down.
The White House just released its plan explaining how the sequester's spending cuts to defense and domestic programs will be implemented. Here's the background on what the sequester is, how it happened, and what happens from here.
The White House just released a 394-page report explaining how it will implement the automatic sequestration cuts to defense and non-defense programs. The legally required report explains in detail which programs would be cut, and by how much, and which programs would be exempt from the cuts.
The stock markets soared after the Fed announced its new stimulus program. But what about everyone else in the real economy? It will probably take about six months for the Fed's program to affect unemployment and growth, economists say.