Tales from the Trail

RNC posts 2004 video of Obama calling the deficit under Bush “an enormous problem”

May 15, 2012

As Republicans this week extend their attacks on President Obama for the increasing federal debt, the RNC’s “rapid response” team has dredged up old video of then-Senate candidate Obama elaborating his views about the federal deficit during a 2004 debate.

Washington Extra – Patriotic millionaires

November 17, 2011

As Democrats and Republicans hunkered down on opposite sides of the Capitol on Wednesday, showing no signs of a compromise on slashing the deficit, a group called the Patriotic Millionaires for Fiscal Strength made its move.

Stark realities of U.S. life without credit

July 14, 2011

Amid the political fingerpointing over which party will catch the blame if Congress fails to raise the $14.3 trillion debt limit, comes the stark reality of what bills get paid after Aug. 2, if the U.S. government can’t borrow more money.

Washington Extra – Beware of frank

July 7, 2011

When officials in Washington describe talks as “frank,” the usual translation is: “didn’t go my way.”

Live coverage: President Obama’s speech on debt reduction

April 13, 2011

President Obama will explain his vision for tackling the long-term U.S. deficit and debt in a speech in Washington at 1:35 p.m.

Washington Extra – A vision

April 12, 2011

One thing clear about President Barack Obama’s much-anticipated speech on reducing the long-term deficit is that the White House believes it will be a vision to behold. USA/

Washington Extra – 9 below

March 4, 2011

Don’t underestimate the PoliPsych impact of the unemployment rate falling below 9 percent for the first time in nearly two years.

Washington grow up? Don’t hold your breath

February 15, 2011

President Barack Obama said he wants a mature discussion between politicians of all stripes as the White House and members of Congress try to make tough decisions on spending and taxes necessary to run the government and deal with a ballooning budget deficit.obama1

Washington Extra – A snowball’s chance?

November 10, 2010

American voters made their feelings very clear last week. U.S. government borrowing is too high and needs to be reduced. How sad, then, that the presidential commission tasked with coming up with a credible plan to cut the deficit is already being dismissed as a non-event.erskine