Tag: Deficit

I’ll Just Drop This Here

Filed in National by on April 17, 2015 3 Comments

On Thursday, the House voted to repeal the estate tax which would… increase the deficit by $269 billion over a decade.  

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Spending, Taxes, Deficit: Lower Now Than Inauguration Day

Filed in National by on May 16, 2012 4 Comments
Spending, Taxes, Deficit: Lower Now Than Inauguration Day

The facts, as laid out by Think Progress. Reality, as we all know, has a liberal bias.

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On Deficits and Debts; or Don’t Believe the Entitlements Hype

Filed in National by on May 22, 2011 4 Comments
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.

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RyanCare Is Very Unpopular

Filed in National by on April 20, 2011 6 Comments

Paul Ryan is finding his plan to gut Medicare is not very popular, even in his home turf.

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Why This Tax Cut Deal Sucks

Filed in National by on December 7, 2010 82 Comments

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 […]

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This Is More Like It

Filed in National by on November 17, 2010 2 Comments

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.

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All The Cool Kids Are Playing

Filed in National by on November 15, 2010 30 Comments

The New York Times has a tool to look at the effect of various proposals to reduce the deficit.

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The Catfood Commission Issues Its Preliminary Report

Filed in National by on November 11, 2010 5 Comments

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.

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Born-Again Deficit Hawks

Filed in National by on July 14, 2010 12 Comments

Matt Yglesias shows that there is zero historical evidence that Republicans care about deficits.

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Strutting Budget Peacocks

Filed in National by on July 13, 2010 62 Comments
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.

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File This Under D’oh

Filed in National by on June 8, 2010 6 Comments

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 […]

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Mythbusters

Filed in National by on April 14, 2010 24 Comments

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 recession and […]

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Republicans Want To Raise Your Taxes

Filed in National by on March 11, 2010 6 Comments

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 Medicare and […]

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