sd winkler commented on the diary post Even Larry Tribe Now Agrees: Fourteenth Amendment is a Viable Option. So Why Won’t Obama Use It? by Phoenix Woman.
Even if Obama invoked the 14th amendment, it could only be to pay interest on the national debt, or to roll over principle on the debt. He could not just ignore the statutory debt ceiling for other things – no scholar has said he can. People keep confusing this debt ceiling issue with “default”. It [...]
sd winkler commented on the blog post Hoyer: House Will Hold Vote on Middle Class Tax Cuts Only
Tax rates will rise for everyone
Conventional wisdom says current rates will be extended. But political reality says rates will go up for everyone in January and will stay higher. That’s what we get with divided government, for better or worse.
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