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It's All Politics
White House Details 2013 Cuts If Congress Doesn't Avert Fiscal Cliff
September 14, 2012 Under orders from Congress, the administration detailed exactly how it would administer painful cuts to both defense and domestic programs that were ordered under last year's budget deal. But the Office of Management and Budget reiterates that the threat of cuts is meant to spur congressional action.
It's All Politics
Moody's Turns Screws On Washington; Eyes Downgrade Of U.S. Debt
July 13, 2011 Only a few years ago, it was federal policymakers who were turning the screws on Moody's and the other Wall Street ratings agencies for mislabeling subprime investments as relatively risk-free.Now Moody's is returning the favor.
It's All Politics
White House, GOP To Delay Controversial Deficit-Cut Ideas Past Elections
May 5, 2011 If a journey of a thousand miles begins with a single step, agreements to raise the federal debt ceiling and on a 2012 budget start with a Thursday meeting, the first of likely many between Vice President Biden and a bipartisan group of lawmakers.