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That Monolithic Tea Party Just Wasnât There
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A mid-July 2011 CBS poll on where Tea party supporters stand on raising the debt ceiling and on a balanced deficit reduction approach combining tax increases and spending cuts. This poll shows 66% of Tea Party supporters saying Republicans in Congress should compromise on their positions to reach an agreement to raise the debt ceiling. Only 31% said they should stick to their positions even if this meant not reaching an agreement. On a balanced approach 53% said it should be the path taken including tax increases and spending cuts for a solution to deficits, and 45% said only spending cuts was the right way. This shows a more flexible Tea Party than is presented in the media reports and strident statements of politicians.
Polls showing flexible views on spending and taxes in the U.S. Tea Party- 2010-2011
08/01/2011
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The U.S. Debt Ceiling and Deficit Reduction Deal of August 2, 2011
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The deal finally put together by Vice President Biden and Senate minority leader Mitch McConnell on August 2, 2011. The deal requires the setting up of a debt panel to come up with additional savings.
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Former U.S. Treasury Secretary Summers and other experts evaluate the impact of the debt ceiling deal. The deal requires the setting up of a debt panel to come up with additional savings.
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The U.S. political system, politics and the U.S. Deficit in 2010-2013
12/30/2010
Republican positions that do not require offsets for tax reduction, and Democratic positions that go along with the status quo. The politics behind the debt ceiling talks as President Obama seeks re-election and advantage going into the election, and the conservative Republicans oppose any tax increases.
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Why we need a third party - The Washington Post
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Bob Woodward: The inside story of how Obama and Boehner negotiate - The Washington Post
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Why Democrats Are Dug in on Shutdown Impasse
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The Tea Party movement and the Republican party in the U.S.
10/23/2010
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Boehner Urges G.O.P. Unity in âEpic Battleâ
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In Rural Iowa, Spending, Not the Shutdown, Raises Worry
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Robert J. Samuelson - The dysfunction of American politics
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Cruz’s Power to Disrupt Faces a Fresh Test
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The Two Parties Aren’t Crazy, Just Changed
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The Balanced Budget Amendment in the U.S. Congress in August 2011
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Critics say the balanced budget amendment would prevent the use of countercyclical policies in a downturn like the present one facing the U.S. economy. Because of the tendency of politicians to avoid difficult decisions and "kick the can down the road," it serves to focus attention on making the cuts in spending, including tax expenditures, that can help reduce the deficit to sustainable levels.
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For Republican Freshmen, the Power of No
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Analysis by The Economist and other expert opinion in 2010 of the economic prospects for Europe and the U.S.
01/11/2010
The Economist looks at the near term trends- unemployment not down as much in Britain in August and consumer spending holding up in Britain- as evidence a recovery is looming. And it cites the Suppy Managment Index up slightly in the US. Most other experts see a difficult situation in 2011 as the stimulus fades and local governments cut back- economists such as Stiglitz, Shiller, Krugman, Feldstein and others, and businessmen like Malone.
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The U.S. Economy: Stuck in Neutral
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Raising the U.S. Debt Limit Ceiling in 2011
04/19/2011
Deficit reduction negotiations between the White House and the Republicans in July 2011.
Grouped Articles
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House rejects proposal to raise debt ceiling - The Washington Post
Washington Post 06/01/2011
New York Times 06/01/2011
As Republican leaders shift strategy to allow debt limit increases in 2014 - (1) the Tea party position was not what it was thought to be
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Linked Articles
GOP Backs Off Fight on Debt Limit
Wall Street Journal 02/12/2014
That Monolithic Tea Party Just Wasnât There
New York Times 08/01/2011
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