The debt Ceiling: A broken mechanism
Why do we keep doing this to ourselves?Congress finds itself in an all too familiar position: working against the clock to reach a deal on the debt ceiling. Failure to raise the debt ceiling would...
View ArticleWhat Republicans should demand in exchange for raising the debt ceiling
After a Trump-era bipartisan compromise expired at the end of July, the debt ceiling snapped back into force, potentially restricting the Treasury’s ability to pay expenses, including debt service on...
View ArticleBipartisanship is only solution to looming government shutdown
People run out of money. We don’t manage our money well and then get ourselves in debt. Many Americans know what it is like to run out of cash. According to one study, 54 percent of U.S. consumers...
View ArticleBudget chairman: Debt ceiling fight 'a ridiculous position to be in'
Rep. John Yarmuth (D-Ky.), chairman of the House Budget Committee, on Sunday called the U.S. debt ceiling crisis "a ridiculous position to be in.""We have several options for raising the debt ceiling,...
View ArticleCongress must address the looming debt crisis
As a business owner and the father of three kids, I am well-accustomed to fiscal discipline. In business, you have to pay rent, keep the lights on, and sign the front of your employees’ paychecks each...
View ArticleRepublicans have moral and financial reasons to oppose raising the debt ceiling
Biden Treasury Secretary Janet Yellen is ringing alarm bells, trying to shame Republicans into voting to raise the federal debt ceiling. In a Wall Street journal op-ed, she argues: “The U.S. has always...
View ArticleBudget impasses mark a critical turning point in Biden's presidency
As Democratic infighting continues over their $3.5 trillion social spending legislation, the fate of Joe Biden’s presidency and the Democrats’ majority in Congress hang in the balance. While moderate...
View ArticleDebt ceiling games endanger US fiscal credibility — again
Which do you want to hear first: The bad news? Or the terrible news?The bad news is another government shutdown is on the way. The terrible news is the U.S. is heading toward defaulting on its debt,...
View ArticleMellman: McConnell's strategy: Hurt the country to help the GOP
I’ve said it with regard to Supreme Court confirmations and voting rights legislation, but I have to say it again: “Senate Minority Leader Mitch McConnell (R-Ky.) has proved particularly adept at...
View ArticleBy refusing to raise the debt limit, Republicans are gambling with...
If Congress does not act to raise the debt limit soon, the country will be plunged into a financial crisis — and the government will have massive difficulty paying its bills, including sending Social...
View ArticleDebt ceiling compromise should be made for taxpayers, not against them
Democrats and Republicans are feuding over the nation’s debt ceiling again, with each side accusing the other of acting irresponsibly in the face of a dire situation. Politicians should not risk a...
View ArticleThe debt ceiling is useless — and dangerous
The federal debt ceiling was created by Congress in 1917 to limit the government’s ability to operate on borrowed money. The objective was to limit deficit spending, but that objective has never been...
View ArticleThe budget wreck is Congress' fault — and yours
Despite being in Washington, D.C. for nearly 20 years, I sometimes feel like Alice who has fallen down the rabbit hole into a crazy place where words are used in ways that don’t make sense anywhere...
View ArticleDemocrats are ignoring the only thing that matters
Today there is only one issue that matters, and the Democrats are missing it. Although inspired by the best of intentions and striving to address pressing national problems, they are being led down a...
View ArticleFixing Congress requires fixing how it legislates
How should Congress work? If you put that question to the average American, the answer would go something like this: Legislators are elected to represent states and districts all over the country....
View ArticleStop crying wolf about the debt ceiling and resolve it once and for all
As the immediate former U.S. comptroller general and a former public trustee of Social Security and Medicare, I have been in the fight for fiscal responsibility for 30 years. During that time, the debt...
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