Before Democrats could even utter the words, “housing,” “rescue,” “FHA” or “predatory,” President Bush had already let the threat fly: “I will veto the bill that's moving through the House today if it makes it to my desk.” Nuff said, Sir.
As they traveled across Indiana and North Carolina over the last few days, trading charges and countercharges about the wisdom of suspending the federal gas tax for the summer, Senators Hillary Rodham Clinton and Barack Obama were really having a larger fight.
President George W. Bush may turn out to be the top economic forecaster in the country. About a month ago he told reporters, “We’re not in a recession, we’re in a slowdown.” At a White House news conference a few weeks later, despite the fact that reporters pressed him to use the “R” word, Mr. Bush refused.
The White House Correspondents Dinner, which I attended this past weekend, is one of the most unusual events I know. Where else do you find Condoleezza Rice and Pamela Anderson in the same room?
On the surface at least, giving drivers a summertime "holiday" on the 18.4 cent federal gasoline tax sounds like a good idea. Too bad the idea flunks Economics 101.
In his news conference today President Bush really didn’t get to the key point on soaring gas and food prices: The best short-term policy is to strengthen the dollar. Bring back King Dollar.
Let me not to the marriage of true minds admit impediments, I always say (ok, you know I didn't say it), but this one boggles the mind. As House Financial Services Committee Chairman Barney Frank was launching unveiled threats to lenders today that they'd better write down the value of troubled loans or face stiff regulation in the future...
U.S. President George W. Bush set the stage for a clash at his final NATO summit on Wednesday by pressing reluctant west European allies to set former Soviet republics Georgia and Ukraine on a path to membership.
Treasury man Henry Paulson’s ideas to remodel the regulatory system governing financial markets are dominating the headlines today. But there may be a bigger story coming down the road, one that is of much greater immediate significance to economic policy.
I realize today all the headlines are about the Paulson plan to re-regulate the nation’s financial systems in order to prevent the current credit crisis brought on by the recent housing boom. But that’s all about the future.
Treasury Secretary Henry Paulson announced the biggest overhaul of financial regulation since the Great Depression. But the sweeping plan is already drawing intense criticism.
The Bush administration is proposing the biggest overhaul of financial regulation since the Great Depression. The sweeping plan is already drawing intense criticism -- a debate unlikely to be settled until a new president takes office.
Senator Hillary Rodham Clinton said in an interview on Wednesday that if elected president she would push for a universal health care plan that would limit what Americans pay for health insurance to no more than 10 percent of their income, a significant reduction for some families.
What exactly is wrong with an optimistic president who has confidence in the long-run future of the American economy? President Bush took this stance in a recent interview with me and at the Economic Club of New York. He told me, “Like any free market, there’s also downturns, and we’re in one. But I am confident in the long-term strength of our economy.”
President Bush, on a drive to bolster faith in the U.S. economy amid fears of a recession, said Friday the economy was resilient and would regain its strength despite the hard times.
Is there a rift between the White House and the Treasury on U.S. dollar policy? President Bush said yesterday on PBS’s Nightly Business Report that the dollar’s fall to record lows against the euro is bad news. He said, “Those aren’t good tidings, if you’re for a strong dollar like I am.”
The U.S. economy is in a slowdown but not headed into a recession, President Bush said Thursday after new data showed slow fourth-quarter growth and a bigger-than-expected jump in unemployment claims.
An old friend emailed last night, asking for some info on the Bush tax cuts. He also wanted some insight on the tax and spend proposals being bandied about by big government Obama, Hillary, and others out there.
Intrade has done an excellent job of predicting election results over the last few years. But now a little backlash has begun.
Prepared text of President George W. Bush's final State of the Union address Monday, as provided by the White House.