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Sunday, November 19, 2017
supercommittee

Playing Washington’s Inside Game

And then there were 12. When the 435 House members and 100 senators failed in July to agree on a long-term deficit reduction plan, congressional leaders did what they often do when they don’t know what to do: They appointed a committee. But don’t sneer, for this is — cue the trumpets — a supercommittee! […]

October 14, 2011

Big PACs Throw Money At Supercommittee Members

Want to get a huge influx of cash? Looks like all you have to do is be part of the supercommittee. From the time the six Republicans and six Democrats were appointed to the special committee to reduce the deficit, suspicions about lobbyists’ influence on these politicians arose. AP reported in August that the 12 […]

October 6, 2011

How Democrats Can Make Their Case For Raising Revenue

(Bloomberg) — Social Security may be known as the “third rail” of American politics, but it is the debate over taxes that has been the “kryptonite” of the Democratic Party in recent decades. President Barack Obama has put the question of revenue increases on the front burner as part of his fiscal-policy agenda, and the […]

October 4, 2011

What Does Obama’s Speech Mean For The Supercommittee?

President Obama announced his $3 trillion deficit reduction proposal today, which has many on the left praising the president’s willingness to tax the wealthy and many on the right grumbling. But what does this mean for the 12 members of the “supercommittee” tasked with reducing the deficit? Obama said in his speech today, “I will […]

September 19, 2011

Politicians, Watchdog Groups Call For Supercommittee Transparency

Pressure is rising on the deficit reduction “Supercommittee” to operate with greater transparency as it seeks to slash more than $1 trillion from the budget this fall. The 12 members of the Supercommittee — who have received millions of dollars of contributions from special interests over the past five years — will be under intense […]

September 16, 2011

Coming Lobbyist Brawl May (Really) Fix Our Taxes

Lobbyists, of all people, may soon inadvertently bring us what lobbyists have long fought against – – a flatter, simpler tax code that offers fewer gifts for special interests. As a bonus, it would also help bring down the deficit. To understand why this happy result may be in reach, we must return to a […]

August 5, 2011