Are you as sick of the "fiscal cliff" as I am? Actually, that's a trick question. You couldn't possibly be.
How dare he? President Obama, I mean: How dare he do what he promised during the campaign? How dare he insist on a "balanced approach" to fiscal policy that includes a teensy-weensy tax increase for the rich? Oh, the humanity.
Democrats, here are eight principles to guide you in the coming showdown over the fiscal cliff.
By signaling its willingness not to raise top rates as high as they were under President Clinton and to cut some $400 billion from projected increases in Medicare and other entitlement spending, the White House has ceded important ground.
Now is the time to hold Democrats accountable and ensure that we do deficit reduction in a way that is fair, while also protecting Social Security, Medicare and Medicaid.
What’s the best way to pressure Republicans into agreeing to extend the Bush tax cuts for the middle class while ending them for the wealthy?
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.
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.
Contrary to what conservatives have been pushing, reducing taxes for the wealthiest Americans will not grow the economy. However, according to a new study by the Congressional Research Service, it does help to create income inequality.
Contrary to popular belief, even Barack Obama would give the wealthy a tax break. It's a question of giving each of those households the equivalent salary of one butler (Obama's plan) or three butlers (Romney's plan).