Debt Ceiling
Consider This
It’s starting to look like déjà vu all over again.
We all remember the high-stakes game over raising the debt ceiling last summer. “Not pretty” is the best way to describe that exercise.
And now, we may be headed toward debt ceiling debate 2.0…
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Well the curtain is up on 2012. What should we expect from Washington this year? The short answer is not much until the bitter end.
The longer answer: If you thought last year was a nightmare on Capitol Hill, this year is likely to be a whole lot worse. With control of the Presidency, Senate and House all up in the air, it is going to be all politics, all the time.
So what can we expect in the short term?
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Happy New Year and welcome to 2012! We anticipate a busy year ahead and look forward to keeping you up to date on the issues that matter to our community.
The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup:
- Current State of Play
- What’s Next
Consider This: 2012 Congressional Forecast
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Friday, July 29, 2011
The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup: Deficit Reduction/Debt Ceiling Talks
- From Four Plans to Two
- Update on the Charitable Deduction
Consider This: Raised Stakes – Issues under Scrutiny in Tax Reform
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Current Issue
Friday, July 15, 2011
The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup:Deficit Reduction/Debt Ceiling Talks
- Multiple Plans
- McConnell Plan
Consider This: A Passionate Plea for Principled Tax Reform
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Current Issue
Thursday, June 30, 2011
The latest edition of the ACR newsletter is available below. We are sending this newsletter one day early before the long Independence Day Weekend.
Happy Independence Day!
As our nation celebrates its declaration of independence from British rule, we pause to remember that among the freedoms we as Americans enjoy is the freedom to give to the issues, causes and organizations we value in the manner we choose –what we call philanthropic freedom. Have a happy, safe Fourth of July!
Here are highlights:
Washington Roundup:
Deficit Reduction/Debt Ceiling Talks
Tax Provisions
Consider This: Debt Ceiling “Soaps” – Drama Unfolds on Capitol Hill
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Consider This…
It is high soap opera season here in Washington, DC.
After effusively praising the Vice President for his role in high-level debt ceiling negotiations one week, Congressman Eric “Young and the Restless” Cantor (R-VA) abruptly walked out of those negotiations the following week.
We are reminded by an old budget hand – a former staff director of the Senate Budget Committee - that in a negotiation with stakes as high as these, there has to be accompanying soap opera-like drama.
Expect more of the same the closer we get to the August 2nd deadline to raise the debt ceiling. It will be “Days of our Lives” meets “Another World” meets (Paul) “Ryan’s Hope”...
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Updates on deficit reduction negotiations as of June 30th, 2011:
On Wednesday, President Obama held a press conference regarding the debt limit talks, criticizing Congressional leaders for their lack of urgency. The President said, “I’m very amused when I hear, ‘The president needs to show more
leadership on this.’ [Members of Congress] need to do their jobs. Now’s the time to go ahead and make the tough choices. That’s why they’re called leaders.” The President urged Republicans to “be more balanced” in their approach to the negotiations and would examine more options to solving the debt crisis than just spending cuts. In response to the President’s remarks, Senate Majority Leader Harry Reid (D-NV) decided Thursday to cancel the scheduled July 4th recess so that deficit reduction negotiations can continue.
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Current Issue
Friday, June 17, 2011
The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup: Deficit Reduction
Consider This: Republican Contenders Sing the Same in Tune: Cut Taxes
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Current Issue
Friday, May 20, 2011
The latest edition of the ACR newsletter is available below. Here are highlights:
Washington Roundup
- Treasury Reaches the Debt Ceiling
- Heritage Foundation Releases Deficit Reduction Plan
- Senator Richard Burr (R-NC) on Senate Finance Committee
In the States: Michigan
Consider This: The Gangs of Capitol Hill
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