Monthly Archives: July 2011

Did Obama Cave?

In his first public comments  since the budget agreement (at least the first that I have heard or read), a somber President Obama went on national television earlier tonight to issue a short statement in which he urged Republicans and … Continue reading

Surprise (Not)! They Have A Deal (Probably)!

Wow, and in the nick of time!  Who could have predicted it! ;~) If press accounts (see here and here)  can be believed, Boehner, McConnell and the  President are on the cusp of forging a budget agreement almost precisely along … Continue reading

The Debt Debate: Do Obama and Senate Democrats Want the Same Thing?

Ok, as of 9:45 p.m., here is what I think is going on in the debt negotiations, and why. Be forewarned – this is highly speculative, based almost entirely on a couple of emails from congressional aides (none of whom … Continue reading

24 Hours – Where’s Jack Bauer When You Need Him?

If it sounds familiar, it’s because it is. The House is now voting on a version of the Reid debt reduction proposal even though Reid doesn’t even have the votes to bring it to the floor in the Senate as … Continue reading

How The Debt Impasse Will End

Big doings today that set the stage for the last minute compromise that I have been predicting for several weeks now. As expected, the House passed a revised version of Speaker Boehner’s bill by a 218-210 vote to raise the … Continue reading