As the debate over health care reform heated up in the fall of 2009, Tennessee Republican Senator Lamar Alexander called Medicaid "a medical ghetto" that "none of us, or any of our families, would ever want to be a part of for our health care." As it turns out, Alexander and his GOP colleagues were […]

President Obama Addresses the Nation on the Debt Ceiling* (As Prepared for Delivery, July 1, 2011.) My fellow Americans, I want to speak to you today about a matter of the greatest national urgency. We face a crisis unique in our history. This threat comes not from a foreign foe or bloodthirsty terrorists, but is […]

Bolstered by new polls and fresh off their vote to bar an increase in the nation's $14.3 trillion debt ceiling, House Republicans swaggered into the White House for the latest negotiation to end their economic hostage taking. One, Rep. Jeff Landry of Louisiana, refused to attend and be "lectured to by a president whose failed […]

On Thursday, John Boehner and the House Republican leadership team unveiled their "Plan for America's Job Creators." As he repeatedly made clear before the Economic Club of New York and again on CBS Face the Nation, Boehner's "job creators" are the top two percent of income earners whose Bush tax cuts President Obama has proposed […]

"Reagan," Vice President Dick Cheney famously declared in 2002, "proved deficits don't matter." Unless, that is, a Democrat is in the White House. After all, while Ronald Reagan tripled the national debt and George W. Bush doubled it again, each Republican was rewarded with a second term in office. But as the Gallup polling data […]

With the deadline on raising the $14.3 trillion U.S. debt ceiling fast approaching, grandstanding Republicans are threatening national economic suicide. If it comes, the means of death will have been a fatal dose of hypocrisy. After all, GOP majorities in Congress didn't merely vote seven times to boost the ceiling - and double the national […]

Nothing focuses the mind, it is said, like the sight of the gallows. So it is for the American business community as the clock ticks down on the looming deadline to raise the U.S. debt ceiling. Over the past few days, the U.S. Chamber of Commerce, Wall Street executives, the National Association of Manufacturers and […]

If nothing else, House Budget Committee chairman Paul Ryan has unfortunate timing. On April Fool's Day 2009, Ryan rolled out the first incarnation of his Roadmap for America's Future, the document which served as the basis for the 2012 GOP budget proposal. Now on Tax Day 2011, House Republicans will pass that blueprint designed to […]

Last week, the political chattering classes praised Republican Paul Ryan's "serious" budget proposal to slash $4.3 trillion in spending in order to fund yet another round of upper-income tax cuts. But over just the past few days, the New York Times' David Leonhardt, Slate's Annie Lowery and Ezra Klein of the Washington Post offered a […]

When George W. Bush sat in the Oval Office, Republican majorities in Congress voted seven times to increase the U.S. debt ceiling. That recent history, combined with the inconvenient truth that the national debt tripled under Ronald Reagan and doubled again under Bush, may have prompted then Minority Leader John Boehner to warn his GOP […]