Nearly 1.5 million Americans will run out of unemployment benefits in the coming months. The White House is working with Congress to extend benefits and the unemployed most likely will get help. But at what cost? Will extending benefits help or hurt the overall economy and recovery? Here are two opposing views from our guest bloggers Tony Fratto and Julie Roginsky.
Healthcare reform is the hot topic in Washington these days as President Obama pushes for a bill he can sign this fall. Many analysts say something should be done to change the system while others say the system is not broken and even if it is, the Obama plan would not work. Here are two opposing views from our guest bloggers Tony Fratto and Julie Roginsky. Read More
Just two days ago, the New York Times heralded on its front page “Health Care Bill Passes First Test on Capital Hill”, a title that belied the fact that the health care bill as currently structured has almost no likelihood of becoming law. Moderate Democrat Senators have no stomach for it, because their constituencies have no stomach for it. Read More
As the summer wears on and discontent grows, I expect calls will be louder and louder for additional stimulus from Congressional Democrats to put more Americans to work. Read More
Testifying before the House Budget Committee this week, Ben Bernanke said that when the time comes, the Fed will raise interest rates in order to stop inflation from building in the next recovery. He also asked for “fiscal balance” to sustain financial stability. Read More