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Tag: Fiscal Cliff


Anthony Alvernaz (CC BY 2.0)

Why Is the White House’s Council of Economic Advisers Helping the Republicans?

The White House is trying to scare average people about the consequences of the “fiscal cliff.”

Posted on Nov 26, 2012 READ MORE


Fiscal Cliff

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Posted on Nov 21, 2012 READ MORE



Warren’s Wall Street Fight, Obama’s Thanksgiving ‘Pardon,’ and More

A look at the day’s political happenings, including a Democratic congressman’s resignation and why Joe Scarborough is apologizing to Nate Silver.

Posted on Nov 21, 2012 READ MORE



david_shankbone (CC BY 2.0)

Michael Moore Makes Requests of the President

There seems to be little reason to believe that Barack Obama listens to any of the advice his left-wing critics offer him, but Michael Moore’s suggested list of priorities for the president’s second term might be useful in measuring Obama’s performance in the months and years to come.

Posted on Nov 20, 2012 READ MORE


Why We Should Stop Obsessing About The Federal Budget Deficit

The best way to generate jobs and growth is for the government to spend more, not less. And for taxes to stay low – or become even lower – for the middle class.

Posted on Nov 19, 2012 READ MORE


Rockets Near Jerusalem and Petraeus on the Hill

The world braces for a ground attack in Israel as rockets rain on Jerusalem and Israel showers air assaults on the Gaza Strip, while President Obama and congressional leaders begin discussing the looming fiscal cliff. The panelists tackle these issues and others on this week’s “Left, Right & Center.”

Posted on Nov 16, 2012 READ MORE



Christie on Romney’s ‘Gifts’ Comment, Biden on ‘Parks & Recreation,’ and More

A look at the day’s political happenings, including an update on the “fiscal cliff” meetings between President Obama and congressional leaders, and Wisconsin Gov. Scott Walker doing something rational for a change.

Posted on Nov 16, 2012 READ MORE


The Woe of Fiscal Cliff

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Posted on Nov 15, 2012 READ MORE        


Cliff or Treat

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Posted on Nov 15, 2012 READ MORE



The Growing Global Movement Against Austerity

Amaia Engana didn’t wait to be evicted from her home. On Nov. 9, in the town of Barakaldo, a suburb of Bilbao in Spain’s Basque Country, officials from the local judiciary were on their way to serve her eviction papers. Amaia stood on a chair and threw herself out of her fifth-floor apartment window, dying instantly on impact on the sidewalk below.

Posted on Nov 15, 2012 READ MORE



Flickr/TexasGOPVote.com

Preserve Benefits: Cut Gouging and Inequities

Congress is still talking about a “Grand Bargain” that “balances” far more spending cuts than tax increases. That is another way of saying that you – the consumer of Medicare and Medicaid services, the recipient of Social Security, and the average taxpayer — will take the brunt of the spending cuts.

Posted on Nov 14, 2012 READ MORE



Pete Souza/The White House

Avoiding the ‘Fiscal Cliff’: ‘Broadening the Tax Base’ vs. Raising Taxes on the Rich

The president says he wants $1.6 trillion in tax hikes. Republicans say they won’t raise tax rates but might be willing to close some loopholes and limit some deductions and tax credits. Is compromise in the air?

Posted on Nov 14, 2012 READ MORE



danielle_blue

Forget ‘Fiscal Cliff,’ Call It an ‘Austerity Bomb’

Brian Beutler at Talking Points Memo seems to have coined the term last spring. Paul Krugman thinks it’s a better way to talk about the coming budget crisis, as it asserts that too little spending—rather than too much—is the the cause of the danger.

Posted on Nov 14, 2012 READ MORE


The President’s Opening Bid on a Grand Bargain (II): Put a Trigger Mechanism in the Legislation

When he meets with congressional leaders to begin discussions about avoiding the “fiscal cliff,” Obama should make clear that America faces two big economic challenges ahead: getting the economy back on track and getting the budget deficit under control.

Posted on Nov 13, 2012 READ MORE



Pete Souza/The White House

The President’s Opening Bid on a Grand Bargain: Aim High

Assuming the goal is $4 trillion of deficit reduction over the next decade (that’s the consensus of the Simpson-Bowles commission, the Congressional Budget Office, and most independent analysts), here’s what the President should propose.

Posted on Nov 12, 2012 READ MORE


Butting Heads Over the Fiscal Cliff

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Posted on Nov 12, 2012 READ MORE


The Fiscal Cliff

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Posted on Nov 11, 2012 READ MORE


‘Left, Right & Center’: A New American Majority and the Fiscal Cliff

The election suggests a new political landscape in the United States. With a new American majority, will Barack Obama and Congress really compromise on the impending fiscal cliff? Or will victorious Republican representatives remain committed to the Ryan budget? The “Left, Right & Center” commentators will consider these questions and others on this week’s program.

Posted on Nov 10, 2012 READ MORE



Krugman on the ‘Fiscal Cliff,’ Pat Robertson on Women and Porn, and More

A look at the day’s political happenings, including a CEO who claims he fired employees because of Obama’s victory, and Ted Nugent, who has a meltdown over the election on Twitter.

Posted on Nov 9, 2012 READ MORE



Pete Souza/The White House

Obama’s Next Economy: Why He Must Reframe the Economic Debate

When the applause among Democrats and recriminations among Republicans begin to quiet down the president will have to make some big decisions. The biggest is on the economy.

Posted on Nov 7, 2012 READ MORE



Robert S. Donovan (CC BY 2.0)

Third-Quarter Economic Growth Beats Expectations

The good news for President Obama and many Americans is that the economy grew by a 2 percent annual rate in the third quarter. The bad news is that that’s not enough to calm private sector fears that economic conditions will worsen.

Posted on Oct 26, 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


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A Progressive Journal of News and Opinion. Editor, Robert Scheer. Publisher, Zuade Kaufman.
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