- Congressman: McAuliffe victory means gun control a winning message
- Hillary Clinton aide admits soliciting disgraced D.C. fundraiser; says actions were legal
- Joel Osteen church victimized in $600K theft
- Obama goes shopping at Gap as minimum-wage thanks
- N.J. woman charged after client dies from black-market butt injections
- CIA chief Brennan ‘determined’ to speak out more this year
- Reset? What reset? U.S.-Russia ties at worst since Cold War
- 9/11 terror recruiter released in Syrian prisoner swap
- D.C. elections board gives green light to marijuana legalization initiative
- Elephants can tell difference between human languages: study
Latest Cutting Government Items
Let's hope that Congress can succeed in "Keeping bloated government on a forced diet" (Commentary, Aug. 13). However, I fear that sequestration and spending caps may not be the best way to achieve a balanced budget.
Moody's decision last week to downgrade Great Britain's credit rating surprised no one, including the markets, which largely shrugged the news off. The credit-rating agency arrived late to the party, just as it did in the United States and in several of the eurozone's distressed countries.
Democrats are united in their fiscal message. Throughout the "cliff" negotiations and again with the pending debt-ceiling debate, their argument has rested on a single, flimsy premise: Cutting government spending would push the economy into recession.
Between servicing the debt and funding entitlement programs, our government is overburdened by its financial obligations. In the current negotiations over how we can avoid falling off the fiscal cliff, some Republicans have indicated willingness to give in to the Democrats' demands that taxes be raised in order to meet these obligations.