Today the House of Representatives will be voting on one of the most important pieces of legislation that it will take up in the 112th Congress. The Cut, Cap, and Balance Act of 2011, if passed, would put America back on the path towards fiscal responsibility. We are a nation in economic crisis thanks to our $14 trillion national debt [Read More]
As the August 2 deadline for raising the debt ceiling grows near, several economists and organizations, let by Warren Buffett, are calling for an end of the debt ceiling entirely, arguing it is nothing more than an “artificial limit” that ends up wasting time in Congress.
Speaking of wasting time, the Republican-controlled House is set to pass a balanced budget amendment that has no shot of passing the Senate, and that Obama has already said he’d veto. What do our cartoonists think of all these shenanigans? Check out our Obama and the Debt Ceiling cartoon collection to find out.
Independent’s Eye by Joe Gandelman Apart from being the first time that partisanship swirling around the raising of the debt limit ceiling threatens to shove the United States into an economic abyss, the Great Debt Ceiling Debate of 2011 marks the rebranding of the Republican Party – even as party bigwigs try to desperately stave off the rebranding. Republicanism once [Read More]
Jimmy Margulies is an editorial cartoonist in the northern New Jersey suburbs of New York City. He is the past winner of both the National Headliner Award and The Fischetti Editorial Cartoon Competition.