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Tag: Debt Ceiling

Terror Alert Redux

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Posted on Mar 2, 2013 READ MORE


Goldilocks Sequester

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Posted on Feb 8, 2013 READ MORE



Hagel Clashes With McCain, Geraldo Contemplates Senate Run, and More

A look at the day’s political happenings, including details on the newest version of Tennessee’s “Don’t Say Gay” bill and Denver’s mayor channels Ray Lewis after losing an NFL playoff bet.

Posted on Jan 31, 2013 READ MORE



pixelasso (CC BY-SA 2.0)

The New Extremism

The debate in both Washington and the mainstream media over austerity measures, the alleged fiscal cliff and the looming debt crisis not only function to render anti-democratic pressures invisible, but also produce what the late sociologist C. Wright Mills once called “a politics of organized irresponsibility.”

Posted on Jan 25, 2013 READ MORE


Debt Ceiling Gun

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Posted on Jan 25, 2013 READ MORE


Obama’s Debt

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Posted on Jan 24, 2013 READ MORE



Clinton Accused of Fakery, Biden Eyes 2016, and More

A look at the day’s political happenings, including a victory for women in the military and why John Boehner thinks President Obama is out to “annihilate” the GOP.

Posted on Jan 23, 2013 READ MORE


Al Franken

McConnell Blasts Obama ‘Liberalism,’ the Franken-Bachmann Contest, and More

A look at the day’s political happenings, including why House Republicans now want to ignore the debt ceiling and Michelle Obama’s epic reaction to John Boehner.

Posted on Jan 22, 2013 READ MORE


Inauguration

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Posted on Jan 20, 2013 READ MORE


Economist Galbraith on Why Public Welfare Programs Are Sustainable

Is there ever a good time to cut “entitlements”—the code word used by austerity hawks to refer to and demean publicly funded social welfare programs—host Andrew Ross Sorkin asked University of Texas economist James K. Galbraith on CNBC’s “Squawk Box” on Friday.

Posted on Jan 18, 2013 READ MORE


Blackmail With the Debt Ceiling

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Posted on Jan 18, 2013 READ MORE


Before Default, Let Republicans Bump Up Hard Against the Debt Ceiling

A prolonged confrontation over the nation’s debt ceiling—unlike the “fiscal cliff,” which provoked many scary headlines—could truly be grave for both America and the world.

Posted on Jan 18, 2013 READ MORE



Biden Goes ‘Boom,’ Maddow Takes on NRA ‘Trolls,’ and More

A look at the day’s political happenings, including Michelle Obama’s social media foray and word on Karl Rove’s future at Fox News.

Posted on Jan 17, 2013 READ MORE


Debt Ceiling Politics

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Posted on Jan 16, 2013 READ MORE


Jon Stewart Fires Latest Shot in Feud With Paul Krugman

“If someone’s ruining their brand with the trillion dollar coin idea, I don’t think it’s the non-economist,” Stewart said, adding that the deficit solution was still a “stupid fucking idea.”

Posted on Jan 15, 2013 READ MORE



Office of the Speaker of the House/Bryant Avondoglio

Perpetual Dysfunction: How Republicans Govern

President Obama is set to begin his second term at a moment when the question is not what great things our nation can achieve but whether our government, in Obama’s words, can “stop lurching from crisis to crisis to crisis.”

Posted on Jan 14, 2013 READ MORE



Obama Warns Republicans, Clinton at the Golden Globes, and More

A look at the day’s political happenings, including some good news for George H.W. Bush and Justice Clarence Thomas breaks his silence in the Supreme Court.

Posted on Jan 14, 2013 READ MORE



White House/Pete Souza

Obama’s Debt Ceiling Gamble Depends on the GOP Being Sane

A week before his inaugural, Obama says he won’t negotiate with Republicans over raising the debt limit. But the president’s strategy depends on there being enough sane voices left in the GOP to influence others. That’s far from clear.

Posted on Jan 14, 2013 READ MORE



White House / Pete Souza

Obama Is Right on the Debt Ceiling

According to the Obama administration, there is nothing the president can do on his own to raise the ceiling or maneuver around it. As much as some of us may disagree, Obama is correct. Here’s why.

Posted on Jan 13, 2013 READ MORE



Colin Powell Talks GOP Racism, Paul Krugman Blasts Jon Stewart, and More

A look at the day’s political happenings, including the Treasury Department’s decision about minting a trillion dollar coin and another George Bush mulls a bid for public office.

Posted on Jan 13, 2013 READ MORE


Congressional Issues

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Posted on Jan 13, 2013 READ MORE


Hopper and the Debt Ceiling Nighthawks

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Posted on Jan 12, 2013 READ MORE


Debt Ceiling and Guns: Using Presidential Authority to the Fullest

Anyone who thinks congressional Republicans will roll over on the debt ceiling or gun control or other pending hot-button issues hasn’t been paying attention.

Posted on Jan 10, 2013 READ MORE


Debt Ceiling Pogo Stick

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Posted on Jan 9, 2013 READ MORE


Watch Out for the Right Hook

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Posted on Jan 9, 2013 READ MORE



Paul Krugman’s ‘Trillion Dollar Coin’ Solution, Rand Paul’s Son Arrested, and More

A look at the day’s political happenings, including President Obama’s picks to round out his national security team, Hillary Clinton’s first day back at work since suffering a concussion and Donald Trump running his mouth again.

Posted on Jan 7, 2013 READ MORE


Debt Ceiling Threat

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Posted on Jan 7, 2013 READ MORE


‘Left, Right & Center’: One Fiscal Cliff Down, Boehner, and Al Gore’s Big Payday

Truthdig Editor-in-Chief Robert Scheer and the other “Left, Right & Center” panelists consider the fiscal cliff deal and the issues it left untouched: the debt ceiling and the threat of “reform” to social services. They also dissect the re-election of John Boehner as speaker of the House as well as the FTC’s decision on Google and antitrust and anti-competition laws.

Posted on Jan 4, 2013 READ MORE


The Next War: The Battle Over the Debt Ceiling

The last time the debt ceiling had to be raised, in 2011, Republicans demanded major cuts in programs for the poor as well as Medicare and Social Security. They got some concessions from the White House but didn’t get what they wanted—which led us to the fiscal cliff. So we’ve come full circle.

Posted on Jan 2, 2013 READ MORE



TexasGOPVote.com

Congress Rejects Own Pay Raise

By casting their ballots in favor of a deal that would avert the so-called fiscal cliff early Tuesday morning, senators overwhelmingly blocked a pay increase for themselves and members of the House that President Obama recently approved via an executive order.

Posted on Jan 1, 2013 READ MORE



TexasGOPVote.com

Do-Nothing Congress to Get Pay Raise

Looking for a job where being unproductive and ineffective won’t hurt your chances of getting a raise? Try being a member of Congress!

Posted on Dec 30, 2012 READ MORE



Flickr/401(K) 2012

How Bad Is Our Debt Problem and Will a Deal Fix It?

President Obama met with congressional leaders Friday in another attempt to avert the fiscal cliff—the automatic tax increases and spending cuts set to take effect Jan. 1 unless Congress can strike a deal. The cuts and tax hikes are so large and so sudden that many economists fear they would plunge the country back into recession.

Posted on Dec 30, 2012 READ MORE



GOP Pollster Rips the NRA, a ‘Meet the Press’ Police Investigation, and More

A look at the day’s political happenings, including a new warning on the debt ceiling from Timothy Geithner and why it’s probably not the most wonderful time of the year for President Obama and Congress.

Posted on Dec 26, 2012 READ MORE


The Next Game of Economic Chicken: Taxing the Rich

The game of chicken isn’t about how much or when we cut the budget deficit. Or even whether the upcoming “fiscal cliff” poses a danger to the economy.

Posted on Nov 10, 2012 READ MORE



Romney’s Tax Discrepancy, Bachmann’s Election Troubles, and More

A look at the day’s political happenings, including the 21st-century version of prohibition and Ohio Gov. John Kasich’s comment about women that sounds like it’s straight out of the 1950s.

Posted on Sep 13, 2012 READ MORE



violet.blue (CC-BY)

Mormon Economics and the GOP

Mormonism is not the quintessential “American religion,” to use Tolstoy’s words, just because it got its start in upstate New York. The church has long embodied notions and practices that drive contemporary American capitalism. And those ideas, as author Chris Lehmann demonstrated last October in Harper’s Magazine, remain central to the shaping of national economic policy.

Posted on Feb 15, 2012 READ MORE  |  34 COMMENTS


One Last Christmas Wish

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Posted on Jan 7, 2012 READ MORE



Flickr / epSos.de

Demanding More of the Wealthy

If you’re tuned into your social surroundings, you’re likely to hear people arguing over whether raising taxes on the rich would be a good thing or a bad thing for Americans. With election season on its way, the noise and volume are bound to rise. (more)

Posted on Sep 26, 2011 READ MORE  |  2 COMMENTS



Flickr / carolyntiry

The Problem With the Republicans

Mike Lofgren retired this summer after 28 years as a congressional staffer, 16 of which he spent on the Republican side working with the House and Senate budget committees, and he wants to tell you something about the nature of the current Republican Party. (more)

Posted on Sep 5, 2011 READ MORE  |  11 COMMENTS



White House / Pete Souza

How Obama Can Save His Presidency

President Obama has only one option as he ponders a world economy teetering on the edge: He needs to go big, go long and go global.

Posted on Aug 21, 2011 READ MORE  |  71 COMMENTS



Flickr / jimforest

The Cost of America’s Wars: Felt but Unknown

How much are American taxpayers paying for the nation’s imperial wars? No one seems to know. But the following article contains a few key figures we would expect to find on the manifest aboard America’s sinking ship of war.

Posted on Aug 17, 2011 READ MORE  |  8 COMMENTS


Fowl Business

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Posted on Aug 7, 2011 READ MORE  |  1 COMMENT



Tony the Misfit (CC-BY)

The Bizarro FDR

Barack Obama is a lot of things—eloquent, dissembling, conniving, intelligent and above all, calm. But one thing he is not is weak.

Posted on Aug 4, 2011 READ MORE  |  102 COMMENTS


The Wrong Problem ‘Solved’

The debt-ceiling fight generated enough hyperventilation and heartburn to replace a coal-fired power plant. The resulting product? It’s starting to look kind of puny and irrelevant.

Posted on Aug 4, 2011 READ MORE  |  21 COMMENTS



Photo graphic by PZS from President Eisenhower's official portrait

Who Wants to Go Back to the ’50s?

Obama’s Eisenhower nostalgia is troubling. That was half a century ago—before the Civil Rights Act, the Voting Rights Act, Medicare, Medicaid, food stamps and federal aid to education.

Posted on Aug 4, 2011 READ MORE  |  55 COMMENTS



White House / Pete Souza (with a notable modification)

Even Wall Street Hates the Debt Deal

The Dow Jones Industrial Average has plummeted by 760 points since the terms of the debt ceiling deal were announced Monday. If austerity was supposed to encourage economic growth, someone forgot to tell Wall Street. (more)

Posted on Aug 4, 2011 READ MORE  |  15 COMMENTS



White House / Pete Souza

Say It Ain’t So, O!

When Barack Obama began his quest for the presidency more than three years ago, admirers and many opponents alike conceded he was smart, tough and articulate. Well, we are left with one out of three.

Posted on Aug 4, 2011 READ MORE  |  57 COMMENTS


Hostage Crisis

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Posted on Aug 4, 2011 READ MORE


Kick the Can

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Posted on Aug 4, 2011 READ MORE



Photo illustration from an image by Colin Grey

Kucinich Says Obama Got the Deal He Wanted

Is the president a bad negotiator, or did he get the deal he wanted all along, as Rep. Dennis Kucinich suggests? Also on this week’s Truthdig Radio in collaboration with KPFK: the phony Social Security scare, teaching Shakespeare in Iraq and more.

Posted on Aug 4, 2011 READ MORE  |  3 COMMENTS


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