"The chief consequence of the conservatives' unrelenting faith in the badness of government," Thomas Franks wrote three years ago in The Wrecking Crew, "is bad government." But would happen if virtually every article of that faith were wrong or, much worse, a blatant lie? Then you'd have something that looks very much like the crisis […]

As the GOP hostage-taking drama over raising the debt limit appears headed towards a final showdown, Republican Congressmen, Senators and presidential candidates alike are pushing the "Cut, Cap and Balance" pledge. While Mitch McConnell's "Plan B" would see Republicans yield on boosting the $14.3 trillion debt limit now in exchange for a mechanism to gut […]

Among the truisms of American politics is this: the side decrying "class war" is the one winning it. So it is with the ongoing Republican hostage-taking drama over the debt ceiling and upper-income tax increases. Facing overwhelming pressure from his own party, Speaker John Boehner retreated from the "grand bargain" on deficit reduction he supported […]

On July 4, U.S. officials, foreign dignitaries and conservative luminaries gathered outside the American embassy in London to unveil a $1 million statue of Ronald Reagan. As it turns out, the timing was more than a little ironic. Because even as the Gipper was honored in Britain, it's increasingly clear he would have no place […]

While the nation is celebrating its independence this Fourth of July weekend, few in Minnesota are in a partying mood. The government shutdown continues in the Land of 10,000 Lakes, with services stopped and 23,000 employees furloughed as a $1.4 billion, two-year budget gap remains unfilled. Republicans in both house of the state legislature would […]

President Obama Addresses the Nation on the Debt Ceiling* (As Prepared for Delivery, July 1, 2011.) My fellow Americans, I want to speak to you today about a matter of the greatest national urgency. We face a crisis unique in our history. This threat comes not from a foreign foe or bloodthirsty terrorists, but is […]

When it comes to perpetuating the Bush tax cut windfall for the wealthy, Republicans have long been the party which cried "uncertainty." ""We're calling for an end to the threat of tax hikes," as Speaker John Boehner put it in one formulation, "to provide certainty to those in our country who create jobs." While the […]

It is often said that historical events occur twice, first as tragedy, then as farce. But as the top two Senate Republicans showed once again on Sunday, when it comes to comes to the GOP and taxes, some episodes produce both. After successfully blackmailing President Obama in December into extending the Bush tax cuts through […]

The Republican Party, Tim Pawlenty often lectures, "should be the party of Sam's Club, not just the country club." If so, the GOP White House hopeful miserably failed his own Sam's Club test this week. Unveiling his economic plan draining $7.8 trillion from the U.S. Treasury in order to give millionaires a 41% tax cut, […]

Today's 10th anniversary of the Bush tax cuts arrives at a particularly ironic time. Ironic, that is, because even as talk of deficits dominates the debate in Washington, that windfall for the wealthy was the single-biggest driver of U.S national debt over the past decade and, if made permanent, will be so for the next. […]