Obama plans second-term strategy as House Republicans craft their own

IMF report warns US lawmakers to that a solution must be found to looming fiscal crisis as parties contemplate compromiseDemocrats have warned their opponents in Congress against seeking to wreck Barack Obama’s second term by adopting confrontational strategies that risk bringing Washington to a standstill.One of Barack Obama’s senior advisers, David Axelrod, said it was […]
Continue reading…

Enjoyed this post? Share it!

 
 

Obama: Romney will impose ‘extreme positions’ on US if he wins election

In interview with AP, president says he’d be willing to compromise with Republicans if he wins a second termPresident Barack Obama said Mitt Romney has locked himself into “extreme positions” on economic and social issues and would surely impose them if elected, trying to discredit his Republican rival at the biggest political moment of his […]
Continue reading…

Enjoyed this post? Share it!

 
 

Obama’s budget and deficit reductionism | Mark Weisbrot

Good but limited measures on tax reform are sacrificed, once again, to Obama’s eagerness to compromise on budget cutsPresident Obama’s proposed budget has a few interesting proposals for reforms over the next decade. Among the best are the proposals to rescind the Bush tax cuts for households with incomes of more than $250,000, and to […]
Continue reading…

Enjoyed this post? Share it!

 
 

Obama’s budget calculus | Ana Marie Cox

Like the GOP’s Ryan plan, Obama’s budget is about electoral positioning not real economic policy, but he looks better-placedProbably the most important thing to remember about both the budget presented Monday by the White House and the one passed last year by House Republicans is that neither are really intended or expected to become law. […]
Continue reading…

Enjoyed this post? Share it!