Obama Budget `Detached From Reality,’ Gramm Says

Feb. 15, 2012 – 9:00 AM ET (Bloomberg) — Phil Gramm, a former Republican senator from Texas, talks about President Barack Obama’s fiscal 2013 budget proposal and financial regulations. Gramm, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses legislation to extend a payroll-tax cut. Watch the...
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The Budget Sequester’s Silver Lining

Uniting a divided Congress around a major deficit reduction plan was never going to be easy, but it is virtually impossible when the incumbent president campaigns instead of governs and seeks to divide the nation based on how much money people make....
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