State economists are preparing new budget forecasts for how much money the state should collect in taxes over the next few years.
It’s an arcane budget term, but the sequester, is set to fundamentally reshape federal spending in ways that could set the economy on a path back to recession. The sequester is the beginning of a scheduled decade of financial austerity like has been seen in Europe in recent years.
As Republicans in Congress prepare for a major fight with Senate Democrats and President Barack Obama over the economic future of the country; the eurozone is painting a very dark picture of what could lie ahead if America takes the wrong path.
Democrats have placed much of the problem of gridlock in Washington at the feet of Grover Norquist. The Democrats have an unusual ally in their assessment, former President George H.W. Bush.
Former Florida governor Jeb Bush has driven a wedge between hard-core conservatives and their icon, former President Ronald Reagan.
After the Congressional super committee finished off it’s expected failure to come to any agreement; the immediate question became what next?
Congressional Republicans have spent the better part of the past several months refusing to consider tax increases for those making over a million dollars a year. But a new survey calls into question who exactly the GOP is fighting for.
Senate Republicans and a few Senate Democrats are expected to block President Barack Obama’s jobs plan Tuesday which includes tax increases on the rich.