And now for today's quiz. You are a member of Congress. The Congressional Budget Office (CBO) tells you that as a percentage of American gross domestic product, total taxes in the U.S. are at their lowest level since 1950. The nation is fighting two wars (and now, arguably a third), conflicts which were not only […]
Category: Obama Admin.
For Republicans, a funny thing happened on the way to privatizing Medicare. Hoping to transform the wildly popular, low-overhead government program for 46 million American seniors into a voucher system for purchasing private insurance, Paul Ryan and his GOP allies inadvertently made a strong case for the Affordable Care Act for everyone else. A little […]
If nothing else, the Republican Party is a machine for generating talking points - and irony. While Senators Mitch McConnell and Jeff Sessions insisted President Obama's $3.73 trillion budget proposal wasn't "serious," over in the Speaker House John Boehner and his lieutenant Paul Ryan claimed Obama "punted" on the deficit. Sadly, those sound bites came […]
George W. Bush was the first modern president to cut taxes during wartime. Now, the unpaid $2 trillion bill for the wars he fought - and chose to fight - is long overdue. While President Obama and the Republican leadership in Congress jockey to position their budget cutting plans, it's time for both parties - […]
This weekend's Reagan centennial predictably produced paeans to the great tax cutter who never was. After all, in the wake of the his budget-busting 1981 tax cuts which ultimately tripled the national debt, Reagan raised taxes six of his eight years in office and 11 times overall. As it turns out, the Great Tax Cutter […]
While the Obama administration is grappling to find the right path forward in Egypt, Republicans are deeply divided. Fearful of the Muslim Brotherhood and fearful for Israel, some like John Bolton and Rep. Thaddeus McCotter have urged support for the authoritarian "devil we know." Others, like Bill Kristol and Max Boot, called for the President […]
Appearing on Fox News Sunday, House Speaker John Boehner insisted, "What we have to understand is cutting spending will in fact help create jobs in America." But across the pond in the UK, Boehner's conservative allies are learning a different lesson. While U.S. gross domestic product jumped by 3.2% in the fourth quarter of 2010, […]
This week, House Majority Leader Eric Cantor (R-VA) became the latest Republican to give his party credit for the improving U.S. economy. After the Commerce Department reported American gross domestic product (GDP) jumped by 3.2% in the fourth quarter of 2010, Cantor attributed the gains to the December tax cut deal and supposed Republican fiscal […]
As the Washington Post and the New York Times reported, the rapidly developing unrest in Egypt is just as quickly posing a major challenge to U.S. foreign policy in the region. On Tuesday, Secretary of State declared "the Egyptian government is stable" even as tens of thousands of protesters poured into the streets of Cairo. […]
This week, former Minnesota Governor and obvious GOP White House hopeful Tim Pawlenty debuted a glitzy new ad to promote his new book and his upcoming candidacy. As it turns out, Pawlenty's timing in releasing his big-budget video just hours before the President's 2011 speech to Congress is altogether fitting. After all, Pawlenty's words sound […]