As a quick glance at January's presidential fundraising numbers confirms, the unlimited cash flowing into SuperPACs is fundamentally distorting the 2012 election. The millions flowing into conservative SuperPAC coffers are not only far outpacing the GOP candidates' own campaigns, but continuing to overwhelm their Democratic counterparts. But for the likes of Charles and David Koch, […]

As the Republican Party waged its all-out attack in 2010 to preserve the Bush tax cuts for the wealthy, the GOP's number two man in the Senate provided the talking point to help sell the $70 billion annual giveaway to America's rich. "You should never," Arizona's Jon Kyl declared, "have to offset the cost of […]

On Monday, House Republican leaders announced they would support the extension of the payroll tax cut without a corresponding "offset" in other federal spending. While that new approach is designed to tie Democrats' hands on passage of continued unemployment benefits and the so-called Medicare "doc fix," Speaker Boehner's switch represents a return to a supposedly […]

Among the predictable Republican reactions to the President's proposed 2013 budget is the refrain that "Obama has failed to keep a 2009 promise to cut the deficit in half by the end of his first term." Just days after Senate Minority Leader Mitch McConnell told a CPAC audience that President Obama "said he'd cut the […]

Federal Election Commission filings released this week showed that conservatives groups are amassing an ocean of cash for the 2012 presidential campaign. Thanks to the likes of the Koch brothers, the Walton clan and other of the usual suspects on the right, in 2011 conservative SuperPAC's outraised their liberal counterparts by more than seven to […]

Last summer, Congress ended the debt ceiling hostage-taking drama by agreeing to $1.2 trillion in automatic budgets cuts, half of them from the Pentagon, if a so-called "super committee" failed to come up with a plan to do so. Of course, now that the Republican refusal to raise even a dime in new tax revenue […]

One day after branding President Obama "really out of touch with what's happening in America," Mitt Romney marked his Florida primary victory by declaring, "I'm not concerned about the very poor." Of course, back in December Romney announced that "I'm concerned about the poor in this country," adding, "We have to make sure the safety […]

On Monday, the New York Times claimed that many of the Republican governors who swept to power on 2010 "are adopting decidedly more moderate tones as they begin their sophomore year in office." But that premature conclusion was belied by the AP, which on the same day reported that "many have trained their sights on […]

Behind almost all of the disturbing issues raised by Mitt Romney's jaw-dropping tax returns stands one largely unchallenged conservative article of faith. Much lower tax rates for capital gains than income earned through labor, conservatives claim, spur investment, catalyze economic growth and fuel job creation. But if that Republican theology isn't true, then the United […]

When it comes to paying his taxes, Mitt Romney may not have broken the rules; he just plays by a different set of them. His sub-15 percent effective tax rate revealed that Romney used his carried interest exemption, not-so-blind trusts, Cayman Islands investments and Swiss Bank accounts to his full advantage. But largely overlooked in […]