• Friday, July 29, 2016 - 12:33


    --Partisan Distrust, GOP Turmoil Will Make Big Deals Hard
    --Small Packages Are More Likely Than A 'Grand Bargain'
    --Coming Election Unlikely To Provide Fiscal Mandate

    WASHINGTON (MNI) - Several intense rounds of fiscal negotiations and frequent partisan battles over spending and taxes during Barack Obama's presidency have rattled markets, worried consumers, angered the voting public, and yielded decidedly mixed results.

    Budget experts agree that eight years of ugly brawls over fiscal stimulus, the debt ceiling, sequestration, taxes, Medicare, Social Security, and defense spending have left politicians from both parties weary and dispirited and the American public raging with anger.

    The 2016 campaign has touched only lightly on fiscal issues.

  • Wednesday, July 27, 2016 - 15:05


    --President Obama Expected To Tout Deficit Decline
    --Republicans Hammer Obama For Doubling of National Debt
    --Budget Report Blames President, Congress For Large Debt

    WASHINGTON (MNI) - When President Barack Obama addresses the Democratic National Convention Wednesday night in Philadelphia, he's expected to both praise the candidacy of Hillary Clinton and defend his own legacy as president.

    And if the past is any guide, a central item in Obama's defense of his presidency will be his fiscal stewardship.

    In his State of the Union address in January, Obama touted the creation of more than 14 million new jobs and the dramatic drop in the unemployment rate from the level he inherited.

  • Monday, July 25, 2016 - 11:11


    --Senators Warren, Sanders To Headline Monday Night
    --Clinton To Win Nomination Tuesday, Speak Thursday
    --Clinton's Fiscal Agenda Doesn't Attack Budget Deficits

    WASHINGTON (MNI) - As the Democratic National Convention opens Monday in Philadelphia, Hillary Clinton is poised to officially secure the Democratic presidential nomination Tuesday and then address the convention Thursday evening.

    She will try to bring together a party that has been divided into centrist and sharply left-of-center factions.