- Obama downplays IRS scandal, blames Obamacare rollout on ‘outdated’ agencies
- Pregnancies decline overall, up among older women
- Pentagon plans to destroy Syrian chemical arms on ship at sea
- Paris Metro issues ‘politeness manual’ to improve passengers’ behavior
- Justin Bieber, crew detained at Australian airport in drug search
- Lee Rigby trial: Muslim who machete-hacked soldier calls it ‘humane’ kill
- GM ending Chevy sales in Europe to focus on Opel and Vauxhall
- Putin’s diplomats to U.S. busted for living high life off $1.5M bilked from Medicaid
- Happy Meal: Couple goes to McDonald’s, leaves with bag packed with cash
- Boehner: It took me 3 to 4 hours to sign up for Obamacare
Latest Douglas Holtz-Eakin Items
A year ago, President Obama left a gaping hole in his budget, but promised that his deficit commission would fix it. On Monday, he released his new budget and the hole remains, though this time he dropped the semblance of a fix and instead accepted that his budget shows deficits for the foreseeable future.
While Democrats and Republicans say they are ready to begin filling in the nation's deep borrowing hole, budget hawks remain skeptical of lawmakers' ability to fulfill their vow, given that many of them did the digging in the first place.
The rich did indeed get richer under President George W. Bush, but they also paid an ever-larger share of the federal tax burden, according to new numbers from Congress' chief scorekeeper.
When President George W. Bush called for a kind of line-item veto four years ago, the top Senate Democrat said it was like getting a "bad sore throat," and the No. 2 House Democrat called it "a sham."
Despite the official $1.1 trillion price tag for the House Democrats' health care bill, dozens of unfunded programs could drive the actual cost even higher.
President Obama on Thursday will announce fewer budget cuts and for a lesser dollar amount than President George W. Bush did in his final budget - and is counting on being able to eliminate some programs that his predecessor repeatedly tried, but failed, to slash.
Rudolph Giuliani scored a coup last week when Martin Anderson, President Reagan's influential domestic policy chief, joined the former New York mayor's campaign team of economic advisers.
THE WASHINGTON TIMES