| Sep 30, 2013
| 6:30 AM
A few words to ponder as we sail toward the fiscal cliff. Those words would be: "That was then, this is now."
Strip away the false piety and legalistic hair splitting offered by Republican lawmakers rationalizing their decision to abandon a pledge that...
| Oct 1, 2013
| 2:30 PM
As a child I was bullied by bigger boys who threatened to beat me up if I didn't give them what they wanted. But every time I gave in to their demands, their subsequent demands grew larger. First they wanted the change in my pocket. Next it was the...
| Oct 1, 2013
| 8:21 PM
Investors have heard the boy cry wolf too many times in the nation's capital. And they aren't falling for it this time.
There was no panicked selling in the stock market over the federal government's temporary shutdown.
| Oct 2, 2013
Last week, House Speaker John A. Boehner (R-Ohio) and his Republicans declared that they had two clear goals in this fall's battle over federal spending: no government shutdown, and no implementation of Obamacare.
As of Tuesday, the GOP had failed on...
| Jun 10, 2013
| 9:58 AM
WASHINGTON -- Standard & Poor's, which downgraded the U.S. credit rating nearly two years ago, said Monday it was more optimistic about the nation's long-term fiscal situation and had removed the negative outlook from the rating.
The automatic federal...
| May 28, 2013
| 7:45 AM
WASHINGTON -- Consumer confidence surged this month to its highest level in more than five years as optimism increased about the state of the economy and its prospects for the rest of the year, according to a closely watched private barometer released...
| May 14, 2013
| 3:40 PM
WASHINGTON — When it comes to deficit reduction, President Barack Obama may have correctly taken the measure of Alan Simpson and Erskine Bowles and U.S. corporate leaders; that's a reason why any deficit deal is more remote than ever.
Two and a...
| May 7, 2013
| 3:10 AM
WASHINGTON - Fate is fickle, power cyclical, and nothing is new under the sun. Especially in Washington, where after every election the losing party is sagely instructed to confess sin, rend garments and rethink its principles lest it go the way of the...
| May 8, 2013
| 7:24 AM
WASHINGTON -- House Speaker John A. Boehner said holders of U.S. government bonds should be paid first if the nation's debt limit is breached, even if that means that China would get preference over the salaries of U.S. troops.
Boehner (R-Ohio) defended...
| May 11, 2013
| 7:22 PM
Even if death and taxes are the only things certain in life, state legislators say they can never be certain about death taxes.
With no crystal ball and no idea when spectacularly wealthy Connecticut residents might die, state officials make an educated...
| Apr 29, 2013
| 6:36 AM
WASHINGTON -- Consumers spent more in March even as their income rose less than analysts had projected, a mixed economic message to start a week that will end with the latest government unemployment report.
Consumer spending was up 0.2% last month, down...