Maryland's different than Virginia. Maryland has certain advantages that Virginia doesn't have and certain disadvantages... We should just worry about ourselves and not worry about comparisons.
Congressional dysfunction is the logical result of closed primaries, too many gerrymandered one-party seats, and low-turnout elections.
An institution that borrows on a non-prioritized basis would never contemplate borrowing on a prioritized basis. Doing so would undermine its standing in the bond market and suggest that it is not worthy of its strong credit rating. This type of self-imposed downgrade would materially affect its financial prospects.
The best companies with the strongest credit ratings borrow like the United States: on a non-prioritized basis. This means that in the event of a default, all of their debts are of equal priority because lenders and creditors believe default is highly unlikely. And they spend considerable effort maintaining this status.
I think some people don't truly understand the situation, and they think, you know, the debt limit, it doesn't really mean anything, and they don't understand the implications on the U.S. economy and on the global markets.
I think there's a disconnect between political leaders and young voters around a lot of things related to the private sector. For example, a lot of politicians continue to attack big banks. While I'm not a defender of big banks, my sense is younger voters have had generally pretty good experiences with banks.
I believe this is a moment of truth for our country, a time when people of all parties and persuasions should stand together and denounce Trump's campaign. That includes our governor here in Maryland.
Clay Hunt was the kind of individual that has made America a great country. In 2005, when his country needed him, he enlisted in the Marine Corps. Shot in Iraq, he earned a Purple Heart, and after he recuperated, he graduated from Marine Corps Scout Sniper School and was deployed to Afghanistan.
The process to generate energy using the Canadian tar sands is particularly dirty, producing one of the most noxious fossil fuels on the planet and leaving a devastated landscape in its wake.
Low interest rates benefit individuals or investors who own or want to buy assets; in that regard, they disproportionately benefit wealthier Americans.
Despite all the dysfunction in Washington, I believe that when it comes to helping veterans and keeping our fundamental promises as a country, we can come together and do the right thing.
Using static scoring, tax cuts are broadly assumed to 'cost' a raw amount of reduced revenue. With dynamic scoring, the new revenue likely to flow from increased economic activity produced by a tax cut is considered, improving the accuracy of the projection.
If you approach economic policy with the spirit of compromise, you can actually get good support.
Economic policy is like business - it's all about compromise.
Our electoral process has created perverse incentives that have warped our democracy and empowered special interests and a vocal minority.
Many have criticized a federal carbon tax, saying that it would increase energy costs. Some continue to oppose it even when that revenue would be used to reduce other taxes in what's known as a tax swap.
Our safety and security is more important than ever, and Congress needs to take an active role in enforcing international agreements that support global security.
The need to change our country's fiscal trajectory, including reforming entitlement programs, is an unassailable reality that will define our time.
Repealing the estate tax won't create jobs, it won't boost GDP, and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen economic inequality.
The United States faces structural employment problems because of the long-term effects of globalization and technology. This was only exacerbated by the Great Recession.
