"Under the Constitution, the president is commander-in-chief and employs the force. And so we now…"
“Under the Constitution, the president is commander-in-chief and employs the force. And so we now have the president going out because of this piece of paper and this agreement, I can’t do what I need to do to protect the country. That’s a kind o…
This is what would happen if we breach the debt…
This is what would happen if we breach the debt ceiling.
Imagine we hit the debt ceiling Feb. 15. The BPC’s analysis suggests that federal spending over the next month will be about $450 billion. Federal revenues will be nearer to $277 billion. That…
azspot: And You Wonder Why We’re Broke?
azspot:
And You Wonder Why We’re Broke?
Over the Cliff
newyorker:
John Cassidy on why there will be no great cause for celebration even if a fiscal cliff bill passes both chambers of Congress in the next day or two:
It’s a shoddy compromise that does credit to nobody involved, and it raises questions…