Obama Should Leave the Table

President Barack Obama needs to end negotiations immediately. The time for talk is over. It is time to get a deal done and it is clear these individuals can’t get agree on anything. We are at a point where saving face is as important as getting a credible deal done. It is time to move on. When everyone convenes Thursday, the president should tell all in attendance that he appreciates their effort, but there is not enough time to put together a deal that addresses the deficit and inflicts the least amount of pain on Americans. He should say he will only accept an unconditional increase in the debt ceiling. He should say after he receives this authority, he will submit the findings of his deficit commission to Congress in legislative...

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Danger Lurking as Deficit Drama Continues

The drama surrounding the deficit reduction talks is not a good sign for domestic programs. With Republicans dug against tax increases the underlying question in the current stalemate is: who will blink first? For supporters of domestic spending it doesn’t matter. In the end, domestic programs, including housing, will take it on the chin. How serious a blow these programs will receive won’t be resolved until the deficit discussion is completed. Until an agreement is reached, all discussions on a FY 2012 budget are in hold. Therefore, it is not a surprise that the House Transportation-HUD Appropriations Subcommittee cancelled this week’s mark-up of a FY 2012 appropriations bill. After the deficit reduction numbers are agreed to, the real...

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