As the New York Times revealed Monday, President Obama has instructed administration officials not to rely on the hundreds of signing statements issued by his predecessor. That move should please John McCain. After all, the Republican presidential candidate not only pledged "never to issue a signing statement." Back in 2005, McCain was doubled-crossed when President […]

On Monday, President Obama as promised reversed George W. Bush's draconian restrictions on federal support for stem cell research in the United States. But just as important as that key step was its larger message that this White House rejects the politicization of science which has dominated Republican strategy for a generation. And at the […]

As Republican ratchet up their cries of "socialism" regarding President Obama's plan to return upper income tax rates to Clinton-era levels beginning in 2011, ABC offered a comic profile of Americans earning over $250,000 a year and their schemes to avoid the higher bills. Of course, lost in this propaganda-fest are two inconvenient truths. First, […]

Six weeks into the presidency of Barack Obama, a growing chorus of voices among the leaders of the defeated and downtrodden Republican Party is calling for his failure. During a time of war and national economic crisis, Rush Limbaugh, Tom Delay, Michelle Malkin, Johan Goldberg and Rick Santorum are just some of the GOP politicians […]

The last time the top income tax rate was 39%, the United States enjoyed a booming economy, rising incomes, low unemployment and expanding budget surpluses. Unfortunately, that simple truth has been ignored by Republican propagandists and mainstream media alike during the debate over President Obama's stimulus plan and budget proposal. In his budget, Barack Obama […]

During the 2008 presidential campaign, John McCain's chief economic adviser Douglas Holtz-Eakin took more positions on the federal budget deficit than Newt Gingrich has had wives. Within a matter of weeks last year, Holtz-Eakin alternately claimed John McCain would balance the budget by either 2013 or 2017, all before announcing in April, "I would like […]

To the displeasure of many on both sides of aisle, President Obama on Monday will host the so-called Fiscal Responsibility Summit at the White House. While some Democrats question the timing of Obama's expenditure of political capital on Social Security, Medicare and other entitlement reform, obstructionist Republicans are ridiculing the event even as they hype […]

In his first budget, President Obama apparently plans to keep his campaign promise to let the Bush tax cuts expire for Americans making over $250,000 a year. And just as during the election, Republican leaders are falsely claiming that Obama's proposal constitutes a tax hike on small business owners. This time, it is Senate Majority […]

As word of President Obama's proposed first budget leaked this weekend, his pledge to halve the federal budget deficit by 2013 quickly became the headline. Even after ending President Bush's practice of cooking the books to understate the red ink, Obama is targeting to slash the $1.3 trillion deficit he inherited to $533 billion by […]

As the New York Times detailed this week, the Obama administration will end George W. Bush's fuzzy math when it comes to the federal budget and budget deficit. But by accurately reflecting the true costs of the wars in Iraq and Afghanistan, Medicare reimbursements, disaster responses and the AMT, the Obama White House is now […]