By Will Portman The U.S. needs deficit reduction, but there’s such thing as too much of a good thing — or, in the case of the end-of-year “fiscal cliff” the country is approaching, implementing too much of a good thing much too quickly. In the absence of congressional action, a slew of tax increases and spending … Continue reading
THURSDAY, APRIL 19, 2012 ECONOMICS Budget Fight Heats Up http://online.wsj.com/article/SB10001424052702303513404577352232858786436.html The White House, firing the latest salvo in this year’s budget battle, threatened to block any new spending bills until House Republicans reverse the spending cuts they approved in recent weeks. The House budget resolution approved in March reduces non-defense discretionary spending for the … Continue reading
Since taking office in 2010, Colombian President Juan Manuel Santos has sought to fill the regional leadership role left vacant by Brazil’s former President Lula da Silva when the latter left his post in the same year. Many analysts believe that the days of US hemispheric hegemony are over. I would go a step further … Continue reading
WEDNESDAY, APRIL 18, 2012 ECONOMICS: Senate Budget Panel to Take Up Deficit Plan http://www.nytimes.com/2012/04/18/us/politics/senate-budget-panel-to-take-up-deficit-plan.html The chairman of the Senate Budget Committee said on Tuesday that he would introduce the blueprint of President Obama’s bipartisan deficit reduction panel to his committee as the starting point for negotiations over a long-term debt plan. But the committee … Continue reading
TUESDAY, APRIL 17, 2012 ECONOMICS: ‘Buffett Rule’ Tax Plan Fails in a Senate Test Vote http://online.wsj.com/article/SB10001424052702304299304577348221678464912.html The Senate on Monday blocked the so-called Buffett Rule, a measure designed to ensure that high earners pay at least 30% in federal income tax, on a near-party-line vote highlighting the split over a key element of President … Continue reading
As my esteemed colleague, Marlena Papavartis, and I have stated various times in our blogs: there is no single monolithic “Hispanic vote.” Political pundits and politicians, however, often fail to understand this basic concept. This past weekend was no different, with President Barack Obama telling Univision that he would attempt to “tackle immigration policy in … Continue reading
MONDAY, APRIL 16, 2012 ECONOMICS: GOP and Dem lawmakers race hand in hand toward a fiscal cliff http://thehill.com/blogs/on-the-money/domestic-taxes/221557-racing-hand-in-hand-toward-a-fiscal-cliff Republicans and Democrats are hurtling toward a fiscal cliff, and neither side wants to take the plunge. In less than nine months, Bush-era tax rates are scheduled to expire, hiking rates for the middle class as … Continue reading
When it comes to Latin America, the United States and its citizens do not need a full history lesson. It might be easier to skip over the history of US military interventionism and economic imperialism, and focus on more recent events. Rather, I believe, the United States needs to take a good long look at … Continue reading
Hilary Rosen has been in the news recently because she said Mitt Romney’s wife, Ann Romney, had “never worked a day in her life” because she chose to be a stay at home mother.[1] Choosing to stay home and raise a family might not bring in the financial or status gain as a paid career, … Continue reading
FRIDAY, APRIL 13, 2012 ECONOMICS: US House panels turn budget axe to automatic cuts http://www.reuters.com/article/2012/04/12/usa-budget-cuts-idUSL2E8FCNZ020120412 Republicans in six House of Representatives committees next week will dust off their past proposals for reducing the deficit as they try to replace some of the automatic spending cuts set to take place in January. Under a directive … Continue reading
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