Buffett Tax Would Cover Seven Days Spending

Warren Buffett is known as the Sage of Omaha for a good reason: his outstanding ability to find profitable investments that took him from a small portfolio owner to one of the richest people in the world. Recently, he used his formidable reputation to suggest in the New York Times , …

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Written by Herbert Grubel on Thursday August 25, 2011

A Famous Victory

Look, I know that it's urgent that we all pretend to believe that the Boehner plan represents a famous victory for fiscal conservatism. My question probably comes under the heading of "too soon." But ... ... should the Boehner plan become law, what exactly has this debt ceiling showdown …

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Written by David Frum on Wednesday July 27, 2011

Ratings Agencies Want to See Bush Tax Cuts Lapse

The suggestion that the US needs to cut $4 trillion in projected debt over the next ten years in order to avoid a downgrade in its debt rating, posed here in an S&P report , has gained significant traction among many on the right. Erick Erickson, when he's not denying "absolution" to the …

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Written by Fred Bauer on Tuesday July 26, 2011

Democrats Should Offer to Extend the Bush Tax Cuts

In my column for The Week, I argue that Democrats can get a deal on the debt ceiling if they offer to bring back to the Bush tax cuts. In my column for The Week , I argue that Democrats can get a deal on the debt ceiling if they offer to bring back to the Bush tax cuts: Here's one Democrati…

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Written by David Frum on Wednesday July 6, 2011