Every time somebody suggests there might be a big deficit deal, and every time I catch myself thinking it could happen, I return to one basic question: How does this pass the House of Representatives? I've never heard a remotely persuasive answer to this question. To understand the obstacles in place here, you need to return to the 1990 budget agreement. That was a deal between George Bush and Congress that ran along roughly similar lines to the agreement being floated in the press today: mostly spending cuts, with some tax hikes along with it.
Among the many striking features of Georgia-based radio talk show host Herman Cain’s presidential announcement speech in Atlanta on May 21, the most surreal was to hear an African-American in front of a heavily white audience of hard-core conservatives, at a site within shouting distance of the Martin Luther King Center, end his remarks by declaring, “When Herman Cain is president, we will finally be able to say, ‘Free at last, free at last, thank God almighty, America is free at last.’” Cain’s decision to appropriate those famous words from King’s “I Have a Dream” speech is in many ways char
Now that Republicans in the House have beat back health care reform (or, at least, passed a repeal bill that's destined to wilt in the Senate), it’s on to the next order of business—hacking away at government spending. Plenty of them can't wait. As Arizona Rep. Jeff Flake said on Thursday, “Some of us have been anxious to start cutting for awhile.” No doubt. But the eagerness of some conservatives to cut the budget as quickly and deeply is already creating headaches for the GOP leadership. For starters, Republicans already differ over just how much of the budget to slash this year.