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By Margaret B. Jones
$16.47
By Bill Boyarsky
$17.79
$40
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White House / Pete Souza
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By Eugene Robinson — The GOP and its upper-crust patrons have been waging an undeclared but devastating war against middle-class, working-class and poor Americans for decades. Now they scream bloody murder at the notion that long-suffering victims might finally hit back.
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AP / Evan Vucci
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President Obama rolled out a plan on Monday to reduce the federal deficit by $3 trillion over the next decade by combining cuts to benefit rights and war savings with tax increases. (more)
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White House / Pete Souza
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On Monday, President Obama is expected to call for a new minimum tax rate for Americans making more than $1 million a year. The proposal will be called the “Buffett Rule,” after billionaire investor Warren Buffett, who has complained that rich Americans are not paying their fair share in taxes. (more)
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Gulfstream
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White House Budget Director Jack Lew revealed Monday that the administration plans to raise $467 billion in tax revenue from people making more than $200,000 a year, investment fund managers, the oil and gas industry and owners of corporate jets. (more)
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Flickr / Pink Sherbet Photography
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American video game developers are benefiting from an odd combination of tax breaks many analysts say are intended to encourage industries that serve the public good by providing broadly valuable social services. (more)
Posted on Sep 11, 2011
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White House / Pete Souza
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By Peter Z. Scheer — By far the most stirring line in the president’s jobs speech Thursday was his acknowledgment that “the next election is 14 months away and the people who sent us here—the people who hired us to work for them—they don’t have the luxury of waiting 14 months.”
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Flickr / thisisbossi (CC-BY-SA)
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California legislators cut a tentative deal with Amazon.com Wednesday night that would allow the online retail giant to postpone collecting sales taxes from Californians until September 2012. (more)
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RJ Matson, Cagle Cartoons, The St. Louis Post Dispatch —
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calebjc (CC-BY-SA)
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By Richard Reeves — Are we a nation of brothers who come to the aid of each other? Or are we just a crowd of folks out for ourselves? Why have a country if we don’t use it to help each other?
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FEMA News Photos / G. Mathieson
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The No. 2 GOP leader in the House says additional funds for FEMA will have to be matched by budget cuts, and we know from past experience what that means: less funding for programs that assist the poor and elderly without a hope of raising taxes. Michael “Heckuva Job” Brown thinks it’s a good idea. (more)
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Flickr / BriYYZ (CC-BY-SA)
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The Senate voted Friday to temporarily fund the Federal Aviation Administration, putting 74,000 transportation and construction workers back on the job until September. (more)
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Flickr / hyku (CC-BY-SA)
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Lawmakers failed Tuesday to extend the power of the Federal Aviation Administration to regulate tax funding, leaving thousands of airline employees out of work while Congress takes a monthlong holiday.
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President Obama spoke to the nation just after the Senate passed a bill to raise the debt ceiling and shortly before he signed it into law.
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Flickr / the-father
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ALEC, the American Legislative Exchange Council, is a secretive association of corporations and state legislators that has been crafting public policy to suit corporate interests since 1973. The organization is not new, but the opportunity to review ... (more)
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White House / Pete Souza
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In an editorial published shortly after the announcement of a new deal to raise the debt ceiling, The New York Times calls the agreement a “nearly complete capitulation to the hostage-taking demands of Republican extremists.”
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RJ Matson, Cagle Cartoons, Roll Call —
Posted on Jul 31, 2011
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House Speaker's Office
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By Eugene Robinson — Conservatives are on a winning streak because they have a Big Idea that serves as an animating, motivating, unifying force. It happens to be a very bad idea, but it’s better than nothing—which, sadly, is what progressives have.
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We’re all about in-depth coverage, but when it comes to political grandstanding, better to just skip to the good stuff. Here are two minutes or so each from the president and House speaker’s Monday debt ceiling speeches (during which John Boehner said it’s “not going to happen.”)
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Flickr / doug88888
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Over the past century, America’s rich made their millions and billions through the use of public assets shared by everyone. By virtue of those profits, they have not only a moral, but a rational obligation to pay more for the upkeep of public services. (more)
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White House / Pete Souza
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By E.J. Dionne, Jr. — Most Americans care more about jobs and the economy than debt, which is why Mitt Romney is campaigning on those issues while President Obama is caught up in the tea party’s priorities.
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Cliff (CC-BY)
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Senate Democrats have noticed that the president is dealing directly with House Republicans to reach a debt ceiling deal, one that may include trillions in cuts to Social Security and Medicare without any tax increases, and they’re not happy.
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AP / Paul Beaty
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By Bill Boyarsky — There is a deep-rooted wrongheadedness about the Republicans as they drag the country toward fiscal disaster. Those afflicted with this harmful thinking range from tea party extremists like Michele Bachmann to pundits such as Peggy Noonan.
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By E.J. Dionne, Jr. — The wounded are especially dangerous fighters. President Obama now occupies the high ground in the debt ceiling debate, having called the Republicans’ bluff on the debt. He showed that deficit reduction is not now, and never has been, the GOP’s priority. He dare not get overconfident.
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White House / Pete Souza
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By Eugene Robinson — Obama’s in-your-face attitude seems to have thrown Republicans off their stride. They thought all they had to do was convince everyone that they were crazy enough to force an unthinkable default on the nation’s financial obligations. Now they have to wonder whether Obama is crazy enough to let them.
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Gary McCoy, Cagle Cartoons —
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Detail of a draft of the Declaration of Independence from Wikimedia Commons
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By E.J. Dionne, Jr. — Our nation confronts a challenge this Fourth of July that we face but rarely: We are at odds over the meaning of our history and why, to quote our Declaration of Independence, “governments are instituted.”
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By David Sirota — As the deficit has exploded, incriminating facts have leaked out showing that many corporations pay more to their executives than they pay in taxes (and many firms pay no corporate income tax at all).
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Truthdig political reporter Bill Boyarsky explains why Michele Bachmann could win Iowa, tells us about Mitt Romney’s advantage and says “The impact of [California’s] budget is going to be felt negatively for generations.”
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Illustration from a photo by Jeffrey (CC-BY-SA)
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Amazon.com abruptly ended its Associates Program for California residents Wednesday, cutting off roughly 10,000 individuals and small businesses, including this one, from a vital source of income with less than a day’s notice. Like a handful of states, California is trying to force Amazon to collect sales tax. (more)
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Freedom to Marry (CC-BY)
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Californians made it easier for their lawmakers to pass a budget, but you might not be able to tell from all the drama. Perhaps you heard that Gov. Jerry Brown (above) vetoed a budget passed by his own party, Republicans managed to block voters from approving new taxes and the state controller stopped paying legislators. (more)
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Flickr / MnGyver
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Think you have the dirt on inequality in America? Jeffrey Rudolph, a college accounting professor in Montreal, has crafted an extensive quiz stocked full of hard facts and figures from a range of authoritative sources that cuts through the myth and lies thrown up by America’s leading misinformers. (more)
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woodleywonderworks (CC-BY)
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By Eugene Robinson — With the nation struggling to recover from a devastating recession, unemployment stuck at crisis levels, financial markets spooked by the possibility of European defaults and consumers disinclined to consume, it makes no earthly sense to suck money out of the economy.
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White House / Pete Souza
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After Republicans bailed on Vice President Joe Biden’s deficit talks Thursday, the government once again hit an impasse in resolving the burgeoning debt crisis, but by Friday, President Obama signaled his readiness to enter the fray. Republicans, meanwhile, signaled their ongoing displeasure over talk of tax hikes.
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A group of millionaires is calling on Washington to raise taxes on the wealthy for the good of the economy (“Rich people are not the cause of a robust economy, they’re the result of a robust economy”) and their fellow Americans (“We shouldn’t be wallowing in our riches while everybody else is suffering”).
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By E.J. Dionne, Jr. — While the United States remains utterly frozen in a debate about budget deficits and all the things that government shouldn’t do, other countries are marrying public and private resources to make themselves stronger and more competitive.
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Eli Pousson (CC-BY-SA)
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By E.J. Dionne, Jr. — Republicans are unhappy with their field of presidential candidates and yearn for someone who will come along to save them. But here’s what the GOP doesn’t want to confront: Its problem lies not in its candidates, but in itself.
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Mike Lester, Cagle Cartoons, The Rome News-Tribune —
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Daryl Cagle, Cagle Cartoons, MSNBC.com —
Posted on Apr 24, 2011
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Brian Fairrington, Cagle Cartoons —
Posted on Apr 17, 2011
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By Joe Conason — What the meteoric career of Paul Ryan demonstrates is how easily impressed we are whenever a politician purports to restore solvency by punishing the poor and the elderly (while coddling the rich).
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Gage Skidmore (CC-BY-SA)
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By E.J. Dionne, Jr. — However the shutdown saga ends, the negotiating styles of the two sides ought to tell moderates that they can no longer pretend that the two ends of our politics are equally “extreme.”
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romana klee (CC-BY-SA)
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Once again a New York Times article hinges on the numbers, and the numbers as reported are all wrong. This is becoming a disturbing pattern.
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White House / Pete Souza
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By Bill Boyarsky — With all the evil people in the world, why are public schoolteachers being villainized? And how did they attract such powerful enemies?
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Randall Enos, Cagle Cartoons —
Posted on Mar 22, 2011
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Pat Arnow (CC-BY-SA)
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State personal income in New York in 2009 was $908 billion. Thus a flat tax of less than 1 percent would close the deficit entirely, without any spending cuts.
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Truthdigger of the Week: Medea Benjamin
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