While some are lamenting the likely Democratic loss of the Senate, even questioning the need for midterms altogether, one person who may be seeing an opportunity in the GOP takeover is President Barack Obama. A Republican controlled Congress could provide the opening for Obama to pursue his much sought after “Grand Bargain” on social security and medicare.
|By: DSWright Monday November 3, 2014 12:31 pm|
|By: cocktailhag Thursday January 10, 2013 8:00 pm|
Perhaps out of a combination of peevishness and thirst, John Boehner recently blurted out, “I need this job like I need a hole in my head.” Of course, the job he was complaining about, Speaker of the House, third in line for the Presidency, happens to be well-paid, prestigious, and quite evidently can be performed, after a fashion, even when drunk. That is, it’s decidedly not like the jobs that the vast majority of Americans toil away at, should they be lucky enough to have a job at all.
|By: Jon Walker Thursday October 4, 2012 1:10 pm|
Perhaps the greatest sign that the “debt debate” in Washington lacks substance or any real concern about the deficit is that there is never an actual objective goal, like a deficit that is some percent of GDP by 2022. Instead the calls seem always focused on demanding a single grand bargain deal for “$4 trillion in reductions.” This oft repeated call rarely acknowledges that without an agreed baseline this number is meaningless, and most bizarrely ignores the simple mathematical fact that the same level of reduction could also be achieved through a series of small deficit-related bills.
|By: Jon Walker Thursday August 30, 2012 10:15 am|
Sadly, distortions of the truth are all too common in our politics, and even outright lies are heard frequently, but last night Republican Vice Presidential nominee Paul Ryan did something truly remarkable with his shameless disregard for the truth. Ryan didn’t just tell several lies about President Obama’s record; more incredibly, he actually had the chutzpah to blame Obama for things he himself is directly responsible for.
|By: David Dayen Thursday August 30, 2012 6:35 am|
We live in a time when the media literally thinks it’s a separate job to separate true from false in reporting on national political figures. They think their main job is theater criticism.
|By: Dean Baker Monday July 30, 2012 8:00 am|
The effort by the rich to take away Social Security keeps building momentum. Today Bill Keller urges his fellow baby boomers to admit they’ve created an entitlements debt crisis and agree to accept benefit cuts demanded by the rich.
|By: David Dayen Monday May 21, 2012 11:00 am|
At attention gets more focused on the “fiscal cliff” coming at the end of the year, of most concern to progressives is the continuing game of footsie Nancy Pelosi appears to be playing with Bowles-Simpson, the deficit reduction plan that makes cuts to Medicare, Medicaid and Social Security benefits. For tactical reasons, she wants to look more “reasonable” than Republicans on the issue of deficits. But in reality, this striving for reasonableness will only put those entitlement programs at risk while no one makes the case for increasing growth and jobs.
|By: David Dayen Wednesday May 9, 2012 7:10 am|
Controversy has broken out because one progressive group dared to call out the House Democratic Leader on a dangerous tactical game she has been playing for the last several months. The story goes like this: Republicans have habitually bashed President Obama for not backing the Bowles-Simpson deficit reduction plan in a formal recommendation to Congress. [...]
|By: David Dayen Wednesday April 18, 2012 2:00 pm|
Kent Conrad will introduce the Bowles-Simpson plan as a baseline budget today in the Senate Budget Committee. But as he plainly tells Ezra Klein, the goal is not to get a budget resolution. The goal is to create the conditions to pass Bowles-Simpson after the 2012 elections.
|By: David Dayen Tuesday April 17, 2012 3:30 pm|
Kent Conrad, the retiring Chairman of the Senate Budget Committee, just announced that the markup for the FY 2013 budget will commence tomorrow. And instead of creating model legislation, he will simply take the recommendations proposed by the Chairmen of the Bowles-Simpson deficit commission, popularly known as the “catfood commission,” as the baseline.