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Click here to visit the new home of Politics Daily!Senate Republican leaders signaled Thursday that bipartisan agreement with Democrats might be possible on a number of economic issues, including establishing the federal debt ceiling, tax reform and entitlement reform. Senate leaders also seemed to suggest that cooperation on filibuster reform remained a possibility -- giving hope to the notion that the 112th Congress may not languish in gridlock. Following the Republican Annual Issues meeting in the Library of Congress, GOP leaders Sen. Mitch McConnell (R-Ky.), Sen. Lamar Alexander (R-Tenn.) and freshman Sen. Kelly Ayotte (R-N.H.) said their ...
(Nov. 12) -- Gen. George S. Patton once proclaimed that the duty of the American soldier wasn't to die for his country but to get some poor bastard from another country to die for his. We would do well to pay heed to that advice as President Barack Obama's debt commission starts to lay out the pain and sacrifice it says will be needed to cut the nation's crushing debt load. The message of U.S. citizens to federal officials should be "You first." To be sure, Obama's bipartisan deficit hawks, former Republican Sen. Alan Simpson and former Clinton White House chief of staff Erskine Bowles, are ...
For those interested in the intersection of politics and culture, a recent Times of London article, "The Beatles Were a Triumph of Capitalism," deserves a read. As the 40th anniversary of the Fab Four's break-up approaches, there's been plenty of reporting on how and why that occurred. Lots of us remember the Beatles' anti-tax song, "Taxman" -- inasmuch as it became the theme for Bob Dole's 1996 presidential campaign -- but few are familiar with just how large a role taxes played in the demise of the most famous rock band in history. As the Times reports: In his recent book "Magical Mystery ...
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