Sen Rand Paul: “When is the last time in our country we created millions of jobs? It was under Ronald Reagan.” Photograph: Alex Wong/Getty Images

Even if Republicans take the Senate this year, gaining control of both houses of Congress, they will not gain much in conventional terms: they’re a(...)

President Barack Obama – there are indications some of the cost-reducing measures contained in the affordable care Act, aka Obamacare, are starting to “bend the curve”, just as they were supposed to. Photograph: Christopher Gregory/The New York Times

Last month the congressional budget office released its much-anticipated projections for debt and deficits, and there were cries of lamentation from t(...)