Roundtable – The Budget Deal

The Roundtable is Torchlight staff’s discussion of news and events. The text has been lightly edited for clarity, and some links were added after the fact. This conversation happened on February 10, 2018. Tom Rich, Editor-in-Chief Welcome to the Roundtable, Torchlight’s discussion of news and events. This week saw an unusual event in D.C.: a

A Contrast Of Visions: Obama’s 2017 Budget v. Trump’s 2018 Budget

“I mean, this budget isn’t going anywhere, no budget does. It’s a dream, and as such ripe for interpretation and analysis. Comparing Obama’s dream to Trump’s may be very illuminating” – Torchlight Senior Editor Josh Kyu Saiewitz It’s easy to discuss the FY 2018 budget proposed by the Trump administration as if it existed in

Everybody to the Limit: How Things Look Three Months Away From The Debt Ceiling

As the media and the public awaited the next steps in the Republican party’s efforts to overturn the Affordable Care Act, we got the political equivalent of a “Coming Attractions” trailer for the next big thing in Congress:  the debt ceiling.  At a June 9 press conference, Treasury Secretary Steven Mnuchin spoke about resorting to

The Debt Ceiling – Another Charming American Neurosis

South view of the US Capitol building

Given the intransigence of the Freedom Caucus in the House, it seems likely that we may see the return of the “debt ceiling” or “debt limit” to news headlines this year.  Here’s a stripped-down summary of the concept; there’s a lot more detail available from Wikipedia, of course, but this should save you some digging.