$18.9 billion. That’s what the 2011 debt-limit standoff and the threatened U.S. credit default will be costing taxpayers in higher interest payments over the

Progressive Voices Speaking Out
$18.9 billion. That’s what the 2011 debt-limit standoff and the threatened U.S. credit default will be costing taxpayers in higher interest payments over the
Dan Froomkin’s explanation of the debt ceiling debacle is one of the best I have read. He makes the simple, obvious, point: The obsessive
$2 trillion is a very popular number. When the right-wing hostage takers at long last agreed to a $2.1 trillion ransom for the debt
The standard progressive narrative is that president Obama wanted a clean debt-ceiling hike but was forced, by extremists in the Republican Party, into making
Ignoring warnings of danger ahead. Steaming at full speed toward disaster. That was the tragedy of the Titanic and its rendezvous with a mass