Is Deficit Panel Already Doomed?

The U.S. budget deficit is worse than ever. Taxes already have been raised, so efforts to narrow the shortfall should focus only on spending. The only fair deal is a straight trade: relief from the cuts under sequestration in return for reductions to entitlements. Yet there’s no incentive for Democrats […] Read more »

Americans Reject by 61% Obama Demand for Clean Debt Vote

Americans by a 2-to-1 ratio disagree with President Barack Obama’s contention that Congress should raise the U.S. debt limit without conditions. Instead, 61 percent say that it’s “right to require spending cuts when the debt ceiling is raised even if it risks default,” because Congress lacks spending discipline, according to […] Read more »

Public Splits on Debt Limit Even with Fears of Damage

Americans are expressing conflicted attitudes about the next round of budget battles in Washington, with the public evenly divided on increasing the nation’s debt limit – yet also broadly concerned about economic impact of failing to do so. Forty-six percent in the latest ABC News/Washington Post poll favor raising the […] Read more »