By Oliver Staley Public spending per student on U.S. education fell in fiscal 2011, the first annual decline since at least 1977, as tax revenue dried up. The U.S. spent an average $10,560 per student in public schools in 2011,...
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Graduating students listen as President Barack Obama delivers the commencement address at Morehouse College on May 19, 2013 in Atlanta, Georgia.
Student Spending’s First Drop Since 1977
Photograph by Andrew Harrer/Bloomberg
Contractors lay down flooring at a construction site in Lorton, Virginia.
Obama’s Economy: Timing Everything
Timing is everything. Before Election Day, it was reported that the nation’s unemployment fell below 8 percent for the first time in nearly four years. After Inauguration Day, it’s reported that the economy contracted, with the nation’s gross domestic product...
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House Speaker John Boehner (left) and President Barack Obama during their 2011 meetings about the debt ceiling and budgets.
Obama: No `Ransom’ for Debt Ceiling
Updated at 12:15 pm EST President Barack delivered a stern warning today to congressional Republicans — make that the House — about the looming debate over raising the nation’s debt ceiling. It’s not a question of permitting new spending, Obama...
Read more »Reid: Boehner’s `Dictatorship’ Stalled
Updated with McConnell spokesman at 11:10 am EST The temperature outside in Washington today is chilly. Indoors it’s boiling. “If we go over the cliff… it could have been avoided by a single vote” of the House, Senate Majority Leader...
Read more »Fiscal Talks Inch Toward Middle
The White House started at $1.6 trillion with its demand for added tax revenue. House Speaker John Boehner opened with $800 billion in tax revenue. They differ sharply over how to raise it, the White House with tax increases, the...
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House Speaker John Boehner of Ohio leaves his office and walks to the House floor to deliver remarks about negotiations with President Obama on the fiscal cliff, on Dec. 11, 2012, on Capitol Hill in Washington.
Boehner: Get `Serious’ on Spending — White House: `Very Specific’
House Speaker John Boehner says he’s still waiting for the White House to get “serious” about spending cuts. “Where are the president’s spending cuts?” Boehner, an Ohio Republican, asked on the House floor toda, adding that he is still “hopeful” the...
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Speaker of the House John Boehner outside his office at the Capitol on Dec. 7, 2012.
Boehner’s Opening: Tax Carve-Out for Small Business Owners?
Written with Mark Silva House Speaker John Boehner and fellow Republicans have maintained from the start that their opposition to tax increases on people earning more than $250,000 involves the impact this could have on small-business owners. The data show...
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Former House speaker Newt Gingrich speaks during press conference in Arlington, Virginia, on May 2, 2012.
Pro-Gingrich Super-PAC Head Still ‘Winning’
Three days after Election Day, Rebecca Burkett collected her 14th paycheck from Winning Our Future, a Federal Election Commission report filed today show. No matter that the super-political action committee’s preferred presidential candidate had dropped out some six months earlier....
Read more »Bloomberg by the Numbers: 40
That’s the share of Americans who say that President Barack Obama and Republicans in Congress will reach an agreement to avoid the so-called fiscal cliff, according to a survey by the Pew Research Center and the Washington Post. Forty-nine percent...
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House Speaker John Boehner addresses the media outside the White House on Nov. 16, 2012, following a meeting with President Barack Obama. Photograph by Jacquelyn Martin/AP Photo
Congressional Leaders Optimistic About Averting `Fiscal Cliff’
Updated with White House comments at 12:50 pm EST: Congressional leaders emerged from talks with President Barack Obama at the White House this morning voicing confidence in solving the budgetary and tax questions needed to avert a “fiscal cliff” before...
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