Archive for Pete Kasperowicz
11.28.11
Posted in Pete Kasperowicz at 11:34 AM by Tanna K
“The times were dark. The government of the greatest country the world had ever seen teetered on the brink of bankruptcy, threatening a worldwide economic disaster.
But brave men and women stepped forward. Surrounded by all the warning signs of excessive government debt, they formed what was soon nicknamed the “supercommittee,” 12 members of Congress who would come together and find a way forward on a lasting, fiscal solution.
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09.05.11
Posted in Pete Kasperowicz at 9:21 PM by Tanna K
By Pete Kasperowicz
It always hits in late August, when work in Washington stops and people return to their home towns. Not much to do other than watch a ball game, swim, maybe golf or fish or something.
God, what a miserable couple of weeks. No politicians means no stupid comments from politicians, and no stupid comments means no one gets to write any witticisms about dumb politicians.
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08.08.11
Posted in Pete Kasperowicz at 9:49 PM by Tanna K
The 20th Century was just a bubble – by Pete Kasperowicz
The last few weeks calls to mind a passage I remember reading to my daughter, from Little House in the Prairie. The little girls would walk a few miles to school by themselves, and then for lunch, they’d unwrap some bread and butter, and drink some water from the well. Then they would walk all the way home.
What a miserable way to live. No wonder they invented all this cool stuff around us.
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07.31.11
Posted in Pete Kasperowicz at 11:12 PM by Tanna K
To the Boston crowd,
Key details of the debt ceiling deal emerging tonight.
1) Balanced budget amendment is no longer required. Major compromise, many GOP will hate this, but will probably be replaced by House Dems in the final vote. See my post here:
2) On the numbers, it’s roughly the same as what the GOP wanted. Immediate debt ceiling increase and immediate cuts. Then, another $1.5 trillion increase (probably next year) as long as that much in cuts are found. However, weird detail — if $1.2 to $1.5 trillion is cut, a dollar-for-dollar increase in the debt ceiling is allowed.
And if anything less than $1.2 trillion is cut, we still get a debt ceiling increase of $1.2 trillion. Subject to congressional disapproval, but I bet it could still happen. GOP should hate this as well, seems like the second major point of compromise.
But again, the numbers are basically the GOP’s…
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Pete Kasperowicz
Floor Action Blog, The Hill
202-628-8352 (office)
202-713-8607 (cell)
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07.26.11
Posted in Pete Kasperowicz at 12:14 PM by Tanna K
by Pete Kasperowicz
Here’s how it’s worked in Greece for the last two years:
When Greece needs money, it borrows from the rest of the world. It can’t create any more of its own debt — Greek’s debt is already about 150 percent of its annual output, so those days are gone.
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06.14.11
Posted in Pete Kasperowicz at 11:59 AM by Tanna K
By Pete Kasperowicz
History’s great political upheavals were labeled “revolutions” because they involved a complete overhaul (and often, overthrow) of the government.
America stopped sending taxes to Britain and in a fit of violence wrote up a piece of paper describing how its new tools of self-government would work. Soon after, France tilted from monarchy to representative government and back to monarchy again.
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04.22.11
Posted in Pete Kasperowicz at 9:06 PM by Tanna K
by Pete Kasperowicz
Floor Action Blog, The Hill
Sometime in the last two weeks, as it began to sink in that House Republicans really do want to cut spending, and that Democratic talking points weren’t convincing the public that government spending is fine just the way it is, Democrats made two important strategic decisions.
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Posted in Pete Kasperowicz at 9:06 PM by Tanna K
by Pete Kasperowicz
Floor Action Blog, The Hill
Sometime in the last two weeks, as it began to sink in that House Republicans really do want to cut spending, and that Democratic talking points weren’t convincing the public that government spending is fine just the way it is, Democrats made two important strategic decisions.
Read the rest of this entry »
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