In my post yesterday, I mentioned in passing the uncertainty about when we would again hit the debt limit (“X Date”).  The question is complicated. Yesterday’s agreement extends the debt limit until …

This is what governing looks like. When outgoing speaker John Boehner promised to “clean the barn up a little bit” before leaving, there was understandable skepticism that a large number of must-pas…

When an irresistible society meets an immovable state. 

It now looks likely that the U.S. government will remain shut down until an agreement is reached on the debt ceiling, and that could take several more weeks.  Markets are starting to worry---global e…