The Reality of “Shared Sacrifice” Was Dramatically Higher Taxes

Shared sacrifice has been the nice-sounding mantra of President Obama’s budget strategy. If Republicans give a little bit on taxes then we’ll give a little bit on spending and the United States will be a better place. “If everybody took an attitude of shared sacrifice, we could solve our deficit and debt problem next week,”…
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Didn't We Just Do This? President Asks for $1.2 Trillion Debt Limit Increase

Something strange is going on. Late last week President Obama made an official request for Congress to raise the debt ceiling by $1.2 trillion. But didn’t we just do that? It just seems like yesterday that Washington was abuzz over the debate about whether to increase the debt ceiling. And unless my memory fails me…
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Washington's New Year's Resolution? Go on a Diet

We can all breathe a sigh of relief. Our representatives in Washington are home for the holidays until late January, giving Americans a brief respite from the comedy of horrors perpetuated by the government’s incessant tinkering and spending. Fortunately or unfortunately, they’ll be back in town. The question is, what should they do when they…
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