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Harry Reid's deficit plan: It's still about higher taxes
Who says congressional Democrats aren't trying to cut spending? Senate Majority Leader Harry Reid (D-Nev.) seems determined to chop discretionary budgets by more than $100 billion this year, regardless of what economists (and the unemployment rate) may...
Tags: Media Industry, This Week (tv program), Economy, Business and Finance, Barack Obama, Harry Reid
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Keeping up the outreach, Obama to do lunch with Ryan, Van Hollen
WASHINGTON -- President Obama plans to continue his campaign to win hearts, minds and stomachs on Capitol Hill. Obama is scheduled to have lunch with House Budget Committee Chairman Paul Ryan (R-Wis.) and his Democratic counterpart, Rep. Chris Van...
Tags: Republican Party, Budgets and Budgeting, Paul Ryan, Christopher Van Hollen Jr., U.S. House Committee on the Budget
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Lakers erase 25-point deficit in second half to beat the Hornets
Lakers 108, Hornets 102 (final) The Lakers came back from a 25-point deficit to stun the Hornets in New Orleans. With their playoff hopes seemingly on the brink, the Lakers rattled off 20 unanswered points to close out a 108-102 victory on Wednesday...
Tags: Utah Jazz, Austin Rivers, Robin Lopez, Kobe Bryant, Los Angeles Lakers
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Ravens win Super Bowl XLVII over the 49ers, 34-31
Ravens 34, 49ers 31 (final) The Baltimore Ravens have defeated the San Francisco 49ers in Super Bowl XLVII. It's the second championship for the Ravens and linebacker Ray Lewis, who is retiring after 17 seasons. After taking a safety on their...
Tags: Jim Harbaugh, Torrey Smith, Ed Reed, Frank Gore, Baltimore Ravens
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McManus: Fiscal crisis? What crisis?
Here's what is most maddening about the "Perils of Pauline" fiscal crises that President Obama and Congress have led us into during the last year: Both sides have known from the beginning what the final deals would look like, but neither side has been...
Tags: Career and Workplace, Medicaid, Barack Obama, Medicare, John Boehner
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IRS will pay whistle-blowers less because of federal budget cuts
WASHINGTON -- The federal government's automatic budget cuts mean there will be less financial incentive to turn in tax cheats. In a notice on its website, the Internal Revenue Service said it would pay 8.7% less to informants who blow the whistle on...
Tags: Taxation, Chuck Grassley, U.S. Senate Committee on Appropriations, Layoffs and Downsizing, Budgets and Budgeting
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Debt ceiling bill clears Senate; Obama expected to sign
WASHINGTON – Legislation to suspend the nation’s debt ceiling for a few months is on its way to the White House for President Obama’s signature, clearing the Senate on Thursday after a series of failed votes on Republican-backed...Tags: Republican Party, U.S. Congress, U.S. Department of the Treasury, Politics, White House
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Kinsley: The debt debate
Wait. Stop. What are we arguing about? I hate to spoil the fun, but deficit hawks and deficit doves are actually in agreement about how this sucker should play out. There's an old joke in academia about how the disputes there are so vicious because...
Tags: Career and Workplace, Labor Markets, Periodicals, Barack Obama, Government
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Warren Buffett says federal budget cuts aren't too bad for economy
WASHINGTON -- Billionaire investor Warren Buffett is not a big fan of the automatic federal budget cuts that kicked in Friday, but he said they help reduce the deficit and shouldn't hurt the economy too much. The government is still running a deficit...
Tags: Congressional Budget Office, Budgets and Budgeting, Budget Control Act of 2011, Warren Buffett, Politics
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McManus: The GOP's tactical retreat
A well-organized retreat is said to be one of the most difficult military maneuvers: You're under enemy fire, your troops are likely to be demoralized, and you've got to avoid a rout. That why House Republicans' orderly withdrawal last week from an...
Tags: Republican Party, Budgets and Budgeting, Paul Ryan, Michele Bachmann, Parties and Movements
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House approves short-term suspension of debt ceiling
WASHINGTON – House Republicans approved a temporary suspension of the $16.4-trillion ceiling on the nation’s debt Wednesday, allowing the federal government to continue borrowing through spring while Washington shifts to more ambitious...
Tags: Mitch McConnell, Republican Party, Budgets and Budgeting, Paul Ryan, U.S. House Committee on the Budget
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Debt limit? We don't need no stinkin' debt limit!
Would the country be better off without a debt limit? Maybe. Probably. Honestly, I don’t know. But I’m certain I would be. If I didn’t have a debt limit, I’d have a house in Malibu, and a Ferrari, and a Gulfstream, and...
Tags: Money and Monetary Policy, Don Lee, U.S. Congress, University of Chicago, Politics
Feb 5, 2013
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Mar 7, 2013
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Mar 6, 2013
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Feb 3, 2013
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Mar 6, 2013
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Mar 5, 2013
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Jan 31, 2013
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Jan 31, 2013
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Mar 4, 2013
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Jan 27, 2013
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Jan 23, 2013
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Jan 23, 2013
|Story| Los Angeles Times
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