In real estate, they say, it’s location, location, location. In policy, especially military policy, the secret is timing. Let me explain. Lately there’s been a mini-hubbub on the Web, aimed at discrediting my coverage of the Iran nuclear debate. My critics keep claiming I said something I never said: that Israel’s security establishment likes the…
It has been, in many ways, the most tortuous decision of his career, says Rep. Jerrold Nadler – even more difficult than the decision to oppose the use of force in Iraq – one which kept him up many nights mulling over whether to support or oppose the Iran nuclear deal. Now that he’s made…
Hoping to revive a bill that would permit aid to synagogues damaged by Hurricane Sandy, two U.S. senators have introduced a new measure that seeks to alleviate concerns from FEMA and civil liberties groups over separation of church and state issues. Kirsten Gillibrand (D-N.Y.) and Roy Blunt (R-Mo.) put forward a new bill that limits…
A new tax proposal submitted to Congress could bring new federal subsidies to poor Orthodox Jewish families with four or more children. The bill, introduced in early June by Democratic New York Rep. Jerrold Nadler, would extend the Earned Income Tax Credit, a tax subsidy for poor families. The current program provides larger benefits for…
So much for the $1 trillion platinum coin idea. The U.S. Treasury Department said on Saturday it will not produce platinum coins as a way of generating $1 trillion in revenue and avoiding a battle in Congress over raising the U.S. debt ceiling. The idea of creating $1 trillion by minting platinum coins has gained…
The White House on Wednesday sees little profit in the notion of minting $1 trillion platinum coin as an escape hatch to avoid a debt default if Congress balks at raising the U.S. debt limit. With another standoff with Congress over raising the debt ceiling looming as early as mid-February, a petition on the White…
Rep. Jerry Nadler (D-N.Y.) wants the government to mint a platinum coin worth…a cool $1 trillion.. Nadler, a Jewish Upper West Sider, thinks the minting of a ridiculously valuable coin could foil GOP attempts to hold Democrats hostage in debt ceiling negotiations. It would allow the government to pay its debts without going through Congress,…
If you had to flip a coin over whether Congress will raise the debt ceiling, here’s the ultimate one – a freshly minted trillion-dollar platinum coin. A formal petition has been started asking the White House to create such a coin in order to avoid another high-stakes fiscal battle to raise the debt ceiling. The…
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