Mr. Hoyer, Maryland Democrat, says such an accommodation would help restore both consumer and business confidence.
Lawmakers currently are on vacation. They face a March 1 deadline for more than $85 billion in automatic spending cuts, known in Washington as a “sequester.” Democrats, Republicans and the Obama White House barely averted a “fiscal cliff” at the end of last year, and more fights are unavoidable in connection with legislation to increase the government’s borrowing authority.
By Douglas Holtz-Eakin
The young drop coverage to avoid higher premiums
Independent voices from the TWT Communities
We welcome you to the intimate and personal thoughts on the news and events we, as editors, watch, read, and discuss with our writers every day.
Consummate traveler Todd DeFeo explores the unique stories that make destinations worth going to.
Looking at pop culture, politics and social issues.
Political commentary and literary criticism in an era of eroding liberty
Benghazi: The anatomy of a scandal
Vietnam Memorial adds four names
Cinco de Mayo on the Mall
NRA kicks off annual convention
California wildfires wreak havoc