By Robert Romano As a famous German propagandist once said, if you repeat a lie often enough, it becomes the truth. Elections have consequences, it is true. And in 2008, following the epic market crash and financial crisis, Republicans were demolished in the general election, losing the […]

By Robert Romano One surprising aspect of the partial federal government so-called “shutdown” is what a small portion of the budget is actually affected, in turn bringing attention to just how little impact Congress can have on spending through the normal budget process. Some $2.5 trillion of […]

By Robert Romano As the partial government shutdown wears on in Washington, D.C., another potential standoff is right around the corner — this time it’s the $16.699 trillion debt ceiling. Treasury officials claim that come Oct. 17, the government will be unable to make payments on time […]

By Robert Romano One of the chief objections to the continuing resolution that would defund implementation of Obamacare has been that in order for it to work, it would have to pass the Senate and be signed into law by Barack Obama. That, in short, Sen. Ted […]

By Robert Romano “In a game of poker, if somebody makes a bet, and then says to you, if you raise me, I’m going to fold, [he] will lose 100 percent of [his] poker games.” That was Sen. Ted Cruz (R-Tex.) in his filibuster against funding Obamacare […]

By Robert Romano “I want to be absolutely crystal clear — any bill that defunds Obamacare is dead. Dead.” That was Senate Majority Leader Harry Reid (D-Nev.) telling reporters last week that there would not be the votes to pass a House Republican plan to defund the […]

By Robert Romano One curiosity in the House of Representatives’ new continuing resolution that would defund implementation of the health care law was inclusion of the Full Faith and Credit Act , legislation that guarantees debt service payments will continue in the event the debt ceiling is reached. As current law stands, should the statutory […]

By Robert Romano House leadership on Sept. 18 presented a continuing resolution that will defund Obamacare in full . The move came after an abortive attempt to pass two bills, one that funded the government, and one that defunded Obamacare — effectively giving the Senate the option to bypass the defund bill. More or less, that’s a victory for House conservatives, who […]

By Robert Romano “In choosing Tony Abbott, the Liberal Party has chosen the least electable of the three candidates who were on the ballot today.” That was Sydney Morning Herald political editor Peter Hartcher’s take way back in December 2009 on Tony Abbott winning leadership of Australia’s right-of-center Liberal Party. All the smartest people in the room said he couldn’t win, but […]

By Robert Romano House Speaker Rep. John Boehner (R-Ohio) and Majority Leader Rep. Eric Cantor (R-Va.) would do well to embrace new legislation introduced by Rep. Tom Graves (R-Ga.) that funds the government, and defunds and delays implementation of Obamacare until 2015. It is the only continuing resolution on the table at the moment that achieves […]