The idea behind a grand bargain to get the federal budget deficit under control is a simple one. Republicans agree to tax increases and Democrats agree to spending cuts.
"This is silly. This is not a serious proposal obviously," Benson tells a CNBC panel.
"We're still waiting, by the way, for those spending cuts to kick in," he tells Neil Cavuto.
Today the GOP leadership is about to abandon their conviction to sign on to higher tax rates or revenues, while the economy is nearing stall speed.
"Everything is turned upside down," he tells Hannity.
The Congressional Budget Office released their analysis of the group of deficit-fighting policies known as the "fiscal cliff." The top-line analysis: completely averting the contraction that would occur in 2013 and 2014 would cost $1.16 trillion - entirely deficit-financed.
Wow, Johnny Depp complaining that he doesn’t want to “work for free.” What is he, some sort of radical libertarian from the Tea Party?
Even if you support Obamacare, there’s no point in creating an exchange today when the Supreme Court could strike down the entire law as soon as next month. Illinois Democrats have put their exchange bill on hold until after the court issues its ruling, expected in late June.
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