On Monday, New York Times columnist and Nobel Prize winning economist Paul Krugman summed up Republicans wanting to make permanent the Bush tax cuts for the wealthiest Americans. At a time of record income inequality and massive budget deficits, Republican "politicians are eager to cut checks averaging $3 million each to the richest 120,000 people […]

Among the latest claims of Republican mythmakers is that Barack Obama is not only a secret Muslim, but one who takes too many days off. Of course, the charge is hardly new. In May 2009, the Republican National Committee sneered, "Have a great Saturday evening - even if you're not jetting off somewhere at taxpayer […]

Addressing Congress on September 20, 2001, President George W. Bush reminded the American people that in the wake of the 9/11 attacks, "We're in a fight for our principles, and our first responsibility is to live by them," adding, "No one should be singled out for unfair treatment or unkind words because of their ethnic […]

Last year, Minnesota Rep. Michele Bachmann summed up what would become the de facto Republican platform for the 2010 midterm elections when she fretted, "We're running out of rich people in this country." Now, as the GOP demands a $700 billion Treasury-draining tax cut for the wealthiest Americans even as it calls for a balanced […]

So it's come down to this. On Saturday, David Stockman, the legendary Reagan budget chief who presided over the Gipper's supply-side tax cuts, announced that the "debt explosion has resulted not from big spending by the Democrats, but instead the Republican Party's embrace, about three decades ago, of the insidious doctrine that deficits don't matter […]

For generations of political junkies yet unborn, Alberto Gonzales will be forever remembered as the man who declared "I do not recall" 55 times during a single day of Congressional testimony. But to his legacy of blessing detainee torture, authorizing the illegal domestic surveillance of Americans, presiding over a political purge of U.S. prosecutors, making […]

From the moment he entered the White House, President Obama's attitude towards the crime, corruption and politicization of the Bush Justice Department has been to "look forward and not backwards." As we've for the third time in just the last several days, that's working out just fine for the Bush lawyers. On Wednesday, prosecutor Nora […]

In one of the most disingenuous claims yet by the Republican born-again deficit virgins, House Minority Leader John Boehner claimed two weeks ago that the Bush tax cuts were not to blame for the massive deficits now plaguing the federal government. On Wednesday, Rhode Island Democratic Senator Sheldon Whitehouse set the record straight. The U.S. […]

On Friday, Nobel prize-winning economist Paul Krugman and former Fed Chairman Alan Greenspan penned dueling op-eds on the federal budget deficit. While Greenspan warned that the "urgency to rein in budget deficits" is "none too soon," Krugman countered "many self-described deficit hawks are hypocrites, pure and simple." Which is exactly right. Only now, nine years […]

"Reagan," Dick Cheney famously said in 2002, "proved deficits don't matter." Until, that is, a Democrat is in the White House. And it so was on Friday, when House Minority Leader John Boehner (R-OH) insisted the Bush tax cuts did not help produce a hemorrhage of red ink from the U.S. Treasury. Of course, the […]