All Posts Tagged With: "Deficit"
On Deficits and Debts; or Don’t Believe the Entitlements Hype
The Center for Budget and Policy Priorities continues its yeoman work on documenting where the federal Government’s deficits AND Debts come from. Even though most of the readers here likely get this story, it has yet to make much of a dent in the media narrative, which continues to flog the business about entitlement spending being the thing that is running our fiscal futures off of the rails.
22May2011 | cassandra_m | 4 comments | Continued
RyanCare Is Very Unpopular
Paul Ryan is finding his plan to gut Medicare is not very popular, even in his home turf.
20Apr2011 | Unstable Isotope | 6 comments | Continued
Why This Tax Cut Deal Sucks
This was the hill to die on.
If you have any desire to cut the deficit, you don’t extend these cuts.
For months, Obama has fought off attacks from the right, saying that he has exploded the deficit. Of course, part of this is due to the current economic conditions and much of it has been inherited. [...]
This Is More Like It
Rep. Jan Schakowsky, a liberal Democrat and member of the Deficit Reduction Committee presents her own deficit reduction plan. What a shock – it doesn’t steal from Social Security to give tax cuts to the rich.
17Nov2010 | Unstable Isotope | 2 comments | Continued
All The Cool Kids Are Playing
The New York Times has a tool to look at the effect of various proposals to reduce the deficit.
15Nov2010 | Unstable Isotope | 30 comments | Continued
The Catfood Commission Issues Its Preliminary Report
The Deficit Commission co-chairs issue their preliminary report and prove “Catfood Commission” is the proper nickname for the committee. They recommend stealing our Social Security to give huge tax breaks to the rich and corporations, while making veterans pay more for healthcare.
11Nov2010 | Unstable Isotope | 5 comments | Continued
Born-Again Deficit Hawks
Matt Yglesias shows that there is zero historical evidence that Republicans care about deficits.
14Jul2010 | Unstable Isotope | 12 comments | Continued
Strutting Budget Peacocks
John Kyl can’t accept an addition of $33 billion to the deficit (a 3% increase) to help the unemployed. However, addition of $678 billion to the deficit is no problem since it’s tax cuts for the rich.
13Jul2010 | Unstable Isotope | 62 comments | Continued
File This Under D’oh
Via HuffPo:
Three-quarters of registered voters think Congress should forget about the deficit and preserve extended unemployment benefits and health insurance subsidies for laid-off workers, according to a new poll commissioned by the National Employment Law Project.
Citing deficit concerns, Democrats in both chambers of Congress have said it’s time to start thinking about how to wrap [...]
Mythbusters
There is a lot of persistent myths around about debt, deficit and taxes that are fueled by the GOP. One myth is that Obama is fiscally irresponsible and that his programs are creating unprecedented deficits. It’s true that the deficits are high, but it was caused by Bush’s tax cuts, Bush’s war, Bush’s [...]
14Apr2010 | Unstable Isotope | 24 comments | Continued
Republicans Want To Raise Your Taxes
Paul Ryan is a Wisconsin Republican and a rising star in the party. He’s the ranking member of the House Budget Committee and several weeks ago he unveiled his plan for balancing the budget. It was a Republican plan on steroids – huge tax cuts for the wealthy, elimination of Social Security and [...]
11Mar2010 | Unstable Isotope | 6 comments | Continued
Fiscal Conservatives Don’t Want To Cut Spending
Conservatives do a lot of posturing about the deficit, which they only discovered the existence of on January 20, 2009. I remember the good ol’ days of the early Bush presidency when the problem was the surplus. Well, conservatives are apparently extremely upset with the deficit now, but taxes are still bad (in [...]
25Feb2010 | Unstable Isotope | Comments Off | Continued
More Troops For Afghanistan
Some early reports are saying that Obama will announce that he’s sending 34,000 additional troops to Afghanistan.
Barack Obama is expected to send 34,000 more US troops to Afghanistan when he unveils his long-awaited strategy for the Afghan conflict next Tuesday, US media reports said today.
The Politico website said the US president would make a prime [...]
Fiscal Scolds
I’m really sick of all the fiscal scolds who say that the U.S. can’t pay for health care for its citizens. We can’t afford not to, but almost all the current fiscal scolds cheered when Bush pushed through unfunded tax cuts and unfunded wars:
When the Bush tax cuts sunset at the end of 2010, [...]
Would Obama Get Rewarded For Deficit Reduction?
Paul Krugman posts this depressing but rather sobering observation:
But the political argument against focusing on the deficit is even stronger than he realizes — because there are very good odds that even if Obama exhibited iron fiscal discipline, voters wouldn’t notice. There’s a remarkable, depressing paper by Achen and Bartels that includes an analysis of [...]
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