Advertisement

Why Spending Is Back in Season

By John Harwood, New York Times - January 30, 2015

America’s partisan divisions are so familiar it sometimes seems the fight never changes. But on the federal budget, the battlefield has been transformed.

Four years ago, when budget deficits topped $1 trillion, congressional Republicans turned their midterm election triumph into a spending-cut crusade. After forcing an initial springtime deal with Democrats, House Speaker John Boehner negotiated with President Obama on a “grand bargain” resembling recommendations from a bipartisan deficit reduction commission.

Read Full Article »

Latest On Twitter

Follow Real Clear Politics

Real Clear Politics Video

More RCP Video Highlights »