As President Obama and Congressional leaders negotiate in Washington, the American people need to keep a couple of things in mind about the looming "fiscal cliff." For starters, the issue is not that the national debt will go up (which roughly half of those in one poll believe to be the case), but that it […]
Category: Congress
If you have lingering doubts that economic growth--and not deficit reduction--should be the highest priority during the debate over the so-called "fiscal cliff," the Congressional Budget Office should put them to rest. The CBO forecast that the triple witching hour of expiring Bush tax cuts, the ending payroll tax holiday and the falling axe of […]
This week, former President Bill Clinton urged calm in the face of Washington's stand-off over the so-called fiscal cliff. "They are moving toward a deal," Clinton assured Americans, suggesting that the current posturing by both parties is "just a Kabuki dance." Unfortunately, Republicans have called President Obama's $4 trillion debt reduction plan something else: a […]
For the second time in as many weeks, an analysis by a nonpartisan agency of Congress has demolished the GOP myth of upper-income taxes and so-called "job creators." Just days before voters headed to the polls, the Congressional Research Service documented that for decades tax cuts for the wealthiest Americans were not correlated to economic […]
In the aftermath of Barack Obama's reelection victory, voices across the political spectrum were quick to deny that the President had earned a mandate from voters. In the Washington Post, Ruth Marcus warned that a Democratic claim to a mandate was a "delusion." The National Journal's Ron Fournier agreed, adding that the absence of a […]
As the 2012 presidential campaign heads into its final days, some truly pathetic and sadly revealing storylines are coming to the fore. While Alec MacGillis pondered whether Mitt Romney will get away with his unprecedented secrecy, David Weigel documented how Romney's gymnastic flip-flopping came to be seen as a virtue by many of the nation's […]
The truth will set you free. Unless, that is, you're a Republican and the subject in taxes. As the New York Times reported on Thursday, "The Congressional Research Service has withdrawn an economic report that found no correlation between top tax rates and economic growth, a central tenet of conservative economy theory, after Senate Republicans […]
Mitt Romney has a national defense problem. Or more accurately, a series of problems. After all, the same man who five years ago said that "it's not worth moving heaven and earth" to get Osama Bin Laden forgot to mention America's war in Afghanistan and the men and women still fighting it during his RNC […]
In the week since Mitt Romney named Paul Ryan as his running mate, both Democrats and Republicans have claimed theirs is the party which will save and protect Medicare, the federal health insurance program for nearly 50 million seniors. But Americans have good reason to believe one side is lying to them. After all, the […]
This week, the GOP-controlled House of Representatives voted for the 33rd time in 18 months to repeal the Affordable Care Act. But even if that act of political theater is over for now, Republicans will keep repeating their favorite parts of the right-wing script well past Election Day in November. That their tried and untrue […]