Accountability Clips
  • Why the Spending Stimulus Failed
    Dec 1, 2010  - By Michael J. Boskin President Obama and congressional leaders meeting yesterday confronted calls for four key fiscal decisions: short-run fiscal stimulus, medium-term fiscal consolidation, and long-run tax and entitlement reform. Mr. Obama wants more spending, especially on infrastructure, and... More
  • This Lame Duck Session Should Be the Last
    Nov 18, 2010  - By Betsy McCaughey Americans ought to make this lame duck session of Congress the last in history. Members who lose re-election have no moral authority to continue governing: They were fired by the voters, who should demand that they clean out their desks and go home. On Nov. 2, the voters... More
  • Tax Cut Timing Is Proving Problematic for Democrats
    Nov 8, 2010  - By Jackie Calmes When one party controls the White House and Congress, it controls the calendar for what gets done and when. So how is it that Democrats ended up in such a fix over what to do about the expiring Bush-era tax cuts? That is what many Democrats are asking. By dint of... More
  • Fannie, Freddie Bailout Could Double, Regulator Says
    Oct 21, 2010  - By Zachary A. Goldfarb The federal bailout for Fannie Mae and Freddie Mac could more than double in size during the next three years, according to projections from the companies' federal regulator. Fannie and Freddie, the federally-controlled mortgage finance giants, will likely need at least... More
  • Majority Says No 'Change' Under Obama, or Change For The Worse
    Oct 20, 2010  - By Sean J. Miller A majority of voters in key battleground races say President Obama has either brought no change to Washington or has brought change for the worse. In 10 competitive House districts, 41 percent of likely voters say Obama has brought change for the worse, and 30 percent say he... More
  • NFIB Calls For Action on Bush Tax Cuts
    Oct 19, 2010  - By Jay Heflin The National Federation of Independent Business (NFIB) is urging its members to contact their congressional representatives and demand the extension of Bush-era tax cuts beyond their Dec. 31 expiration. The organization states that 75 percent of small businesses are taxed as... More
  • National Debt Up $3 Trillion on Obama's Watch
    Oct 18, 2010  - By Mark Knoller New numbers posted today on the Treasury Department website show the National Debt has increased by more than $3 trillion since President Obama took office. The National Debt stood at $10.626 trillion the day Mr. Obama was inaugurated. The Bureau of Public Debt reported today... More
  • Fiscal Year 2010 Continued Torrent of Federal Red Ink
    Oct 17, 2010  - By Stephen Dinan The federal deficit shrank slightly in fiscal year 2010, but on most other measures, it was a dark year for the government's fiscal health. Social Security's basic trust fund paid out more than it received for the first year in decades, overall basic spending was up by 9... More
  • Government Reports $1.3 Trillion Budget Deficit
    Oct 15, 2010  - By Martin Curtsinger & Andrew Taylor The Obama administration said Friday the federal deficit hit a near-record $1.3 trillion for the just-completed budget year. That means the government had to borrow 37 cents out of every dollar it spent as tax revenues continued to lag while spending... More
  • Medicare Actuary: Reform Will Cost Some Seniors
    Oct 14, 2010  - By Jennifer Haberkorn A Medicare official concedes that seniors may have to dig deeper into their wallets next year thanks to the health care law. The new analysis obtained by POLITICO finds the health care overhaul will result in increased out-of-pocket costs for seniors on Medicare... More

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