In this Congress, the partisan battles surrounding fiscal policy have been fought through a series of “cliffs,” “ceilings,” and other assorted deadlines.
Stop the money machine, we’d like to jump off please. That probably sums up what many taxpayers are hoping will be the result of yesterday’s Senate Banking Committee renomination hearing for Export-Import Bank President and CEO Fred Hochberg.
When they hear the words “U.S. Export-Import Bank,” many Americans might be led to believe this federal lending agency is all about giving struggling U.S. companies a better shot at competing on the world business stage.
The looming political showdown over raising the federal debt ceiling has generated a seemingly endless stream of punditry over winners and losers, key players versus back-benchers, and on-again, off-again "grand compromises."
While the nation struggles with gas prices hovering at $4 per gallon, our representatives in Washington are so busy pointing fingers at each other they have failed to take the necessary, prudent steps that would address the problem: chief among them, carefully allowing more domestic production to stabilize oil markets.