A lot of numbers get thrown around when talking about the fiscal cliff. If nothing is done, $600 billion in tax increases and spending cuts take effect in 2013. If the automatic cuts known as the sequester go into effect,...
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Lawmakers watch closely as Pres. Ronald Reagan signs into law a landmark tax overhaul on Oct. 22, 1986.
2012 Cliff vs. 1986 Tax Reform Act — The `Impossible’ and `Inevitable’
Photograph by Paul J. Richards/AFP via Getty Images
Voting in the County Administration Building in Toms River, New Jersey, on Nov. 5, 2012.
Bloomberg by the Numbers: 57
That’s how many presidential elections have been held in U.S. history, including today’s vote. President Barack Obama’s re-election would mark the fourth Democratic win in the past six presidential elections. A victory by Mitt Romney would mark the second time...
Read more »Romney Problem, Not Solution: Obama’s Ad Channels Reagan
“Government,” Ronald Reagan said in his first inaugural address as president in 1981, “is not the solution to our problem. Government is the problem.” President Barack Obama is borrowing the turn on the old political saw about being the solution,...
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A ''Now Hiring'' sign is seen in a store front window in Miami Beach, Florida.
What a Jobs Report Memo to a President Looks like
Correction: In the 8th paragraph, the estimated number of new jobs added to the economy is 130,000 in the month of August, not 110,000. Before President Barack Obama speaks tonight, he will likely receive a memo that could predict the...
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Mitt Romney boards his campaign plane at Port Columbus International Airport in Ohio, on August 25, 2012.
Romney’s Burden of Success
Mitt Romney heads to Tampa with an ironic burden: his success. His staggering wealth, earned from private equity, a business built on opaque and complex financial engineering, has left him without the kind of compelling life-story narrative that has launched...
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Cass Sunstein, Director of the Office of Information and Regulatory Affairs at the Office of Management and Budget.
Sunstein’s Solution for Simplified Federal Forms: Focus Group Them
The government is taking another stab at making the complex more simple. Cass Sunstein, leaving his office today as the nation’s top regulatory official in President Barack Obama’s White House, issued an order to federal agencies to simplify government forms...
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Supporters of President Barack Obama and Mitt Romney in Wolfeboro, N.H.
Romney Hood, `Obamaloney,’ Voodoo Economics, `No JFK’
In the pantheon of campaign insults, Romney Hood and`Obamaloney’ seem small. President Barack Obama started the latest volley, when he told an audience in Stamford, Connecticut, Monday that Romney is robbing from the poor to pay the rich. “He’d ask...
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President Barack Obama at a campaign event in Portland, Oregon, on July 24, 2012.
Obama Holds Slim Election Edge With Slow Growth in Economic Model
The slow growth reported for the second quarter is enough to allow President Barack Obama an edge in his re-election bid, according to a forecasting model based on the economy and polling data. The U.S. economy grew at a 1.5...
Read more »Obama’s Reagan Rewind: ‘Why Would We Ever Want to Return?’
“It’s morning again, in America,” a narrator for Ronald Reagan’s re-election once said, in a memorable campaign ad from 1984. What his predecessor had tried, he said, wasn’t working. And there was no point in going back. President Barack Obama is...
Read more »Wisconsin Presidential Primary is 100 Years Old
Presidential primary elections seem ubiquitous today, yet it’s only been in the last 40 years that a majority of states have used them to select national convention delegates. An early adopter of the primary was Wisconsin, which holds a consequential Republican...
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