To the displeasure of many on both sides of aisle, President Obama on Monday will host the so-called Fiscal Responsibility Summit at the White House. While some Democrats question the timing of Obama's expenditure of political capital on Social Security, Medicare and other entitlement reform, obstructionist Republicans are ridiculing the event even as they hype […]

In his first budget, President Obama apparently plans to keep his campaign promise to let the Bush tax cuts expire for Americans making over $250,000 a year. And just as during the election, Republican leaders are falsely claiming that Obama's proposal constitutes a tax hike on small business owners. This time, it is Senate Majority […]

As word of President Obama's proposed first budget leaked this weekend, his pledge to halve the federal budget deficit by 2013 quickly became the headline. Even after ending President Bush's practice of cooking the books to understate the red ink, Obama is targeting to slash the $1.3 trillion deficit he inherited to $533 billion by […]

As the New York Times detailed this week, the Obama administration will end George W. Bush's fuzzy math when it comes to the federal budget and budget deficit. But by accurately reflecting the true costs of the wars in Iraq and Afghanistan, Medicare reimbursements, disaster responses and the AMT, the Obama White House is now […]

Canadians on Thursday gave Barack Obama a warm welcome in his foreign trip as President. But while real issues concerning trade and the future Canadian combat role in Afghanistan remain, the most difficult discussions between President Obama and Prime Minister Harper will likely wait for another time. But in one area – whether the United […]

As predicted, House and Senate Republicans on Friday maintained their unified front in turning their backs on President Obama's economic recovery package. As it turns out, Obama wasn't the first Democrat to learn the hard way that bipartisanship is a one-way street for the GOP when it comes to the economy. In 1993, Bill Clinton's […]

As President Obama finally starts to fight for his economic stimulus bill, roadblock Republicans in the Senate continue to decry the price tag. While John Thune (R-SD) described how many times $1 trillion worth of $100 bills would circle the earth, Minority Leader Mitch McConnell (R-KY) proclaimed "Americans can't afford a trillion-dollar mistake." Of course, […]

After two weeks of letting his Republican opponents in Congress dominate debate over his economic stimulus package, President Obama is finally starting to fight back. Blasting the GOP for an economy "headed over a cliff," Obama only now is showing signs of playing his strong hand. But it may be too late. While Obama will […]

When it comes to blocking President Obama's economic stimulus plan, what is old is new for the conservative movement. Fearing a permanent Democratic majority if Bill Clinton succeeded in passing his health care reform package, Bill Kristol in 1993 famously rallied Republicans with a memo urging his party to halt it at all costs. With […]

There can be little doubt that yesterday was the worst day of the fledgling Obama presidency. In a matter of hours, the President saw two key nominees undone by their tax woes. The surprising implosion of Tom Daschle then proceeded to consume an Obama media offensive originally intended to pressure obstructionist Senate Republicans blocking the […]