Back in 2010, Ohio Rep. John Boehner defied recent history and basic math when he comically denied that the Bush tax cuts enacted in 2001 and 2003 played any role in producing federal budget deficits ever since. Now in his refusal to countenance any new tax revenue in a last minute compromise to avoid the […]
Month: February 2013
By all indications, conservatives on the United States Supreme Court are preparing give the Voting Rights Act (VRA) thumbs down. Echoing his question four years ago in Northwest Austin Municipal Utility District v. Holder, lifelong VRA foe turned Chief Justice John Roberts asked again on Wednesday whether people in the South are more racist than […]
Nothing focuses the mind, Oscar Wilde famously said, like the sight of the gallows. And so it is with Republican Governors on the brink of losing $6 billion in federal aid thanks to automatic budget cuts currently set to kick in on March 1. But it shouldn't have taken the specter of the sequester's body […]
Ever since the tragic attack on the U.S. consulate in Libya that killed Ambassador Chris Stevens and three other Americans, "Benghazi" has been the Republican response to almost every question. Despite receiving the report of the State Department's Accountability Review Board (whose recommendations were immediately endorsed by the Obama administration), hearing the testimony of the […]
Less than two weeks ago, Congressional Budget Office (CBO) Director Douglas Elmendorf warned the House Budget Committee that the looming March 1 sequester would have a devastating impact on U.S. employment. "We think that would reduce the level of employment at the end of the year," Elmendorf cautioned, "by about 750,000 jobs." Apparently, Republican House […]
Douglas Holtz-Eakin is everywhere. This week, the conservative economist and former director of the Congressional Budget Office co-authored a widely read--and widely panned--prescription for Republican health care reform. And for months, the President of the American Action Forum has used his perch on The Guardian op-ed page to slam President Obama over the U.S. national […]
No account of how the United States ended up at the brink of the $1.2 trillion, ten-year budget sequester is complete without these two phrases: "debt ceiling hostage-taking" and "Super Committee." Nevertheless, in his grandstanding campaign to lay blame for the automatic spending cuts at President Obama's feet, Watergate journalist turned deficit hawk Bob Woodward […]
Last month, an analysis by Berkeley Professor Emmanuel Saez revealed that the top 1 percent of American earners captured all the income gains during the first two years of the current economic recovery while the other 99 percent lost ground. Now, a new analysis by Congressional Research Service analyst Thomas Hungerford is just the latest […]
As the federal government nears the March 1st deadline to avoid the $1.2 trillion, ten year budget sequester, the media are breathlessly playing the blame game. While House Speaker John Boehner continued to decry "the Obama sequester" in a Wall Street Journal op-ed titled "the President is raging against a budget crisis he created," John […]