Tag: Deficit
I’ll Just Drop This Here
On Thursday, the House voted to repeal the estate tax which would… increase the deficit by $269 billion over a decade.
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.
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.
RyanCare Is Very Unpopular
Paul Ryan is finding his plan to gut Medicare is not very popular, even in his home turf.
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 […]
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.
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.
Born-Again Deficit Hawks
Matt Yglesias shows that there is zero historical evidence that Republicans care about deficits.
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.
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 […]
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 recession and […]
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 Medicare and […]
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