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Tag Archives | deficit

Obama Invites Ryan to Lunch to “Sell ‘Grand Bargain’”

President Barack Obama –seeking to sell Republicans on a revival of “grand bargain” talks — has invited 2012 GOP veep candidate Rep. Paul Ryan (R-Wis.), the chairman of the House Budget Committee, over to the White House for lunch on Thursday, POLITICO has learned. [Politico] POWERFUL allies that could shift the discussion on the budget, [...]

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Let’s Make a Deal Meals and Unequal Wealth Distribution [VIDEO]

We Americans have an ideal in mind, about a fair distribution of wealth. We know it isn’t reality, and have an idea about what that reality is like. We don’t, however, have an accurate perception of that reality. The video below uses animated infographics to reveal a by-the-numbers look at, as the Occupy movement popularized [...]

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What Does it Mean That Obama Is ‘Absolutely’ Willing to Go Over a (Contrived) Cliff?

ABC News reports: President Obama’s lead negotiator in the ‘fiscal cliff’ talks said the administration is ‘absolutely’ willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy. Treasury Secretary Timothy Geithner said in [...]

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GOP ‘Fiscal Cliff’ Counteroffer Rejected by WH

According to The Hill, the Republican House leader’s proposal to $2.2 trillion cut from the deficit included a “combination of spending cuts, entitlement reforms and $800 billion in new tax revenue.” Republican officials said their 10-year plan contained more deficit reduction than the offer the White House presented last week while standing firm against Obama’s [...]

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OFA’s Big Bird Ad Swings and Misses

An Obama spokesman claims this is going on national cable and broadcast, during “comedy shows.” The spot was intended as parody. But ahead of the next debate, Obama’s message so far has been a defensive posture, taking on items he clearly wished he had rebutted on the debate stage. – Maggie Haberman OH SWEET Jesus. [...]

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TOP STORY: A Talk Only Bill Clinton Could Deliver [full remarks]

“It takes some brass to attack a guy for doing what you did.” – President Bill Clinton PRESIDENT BILL CLINTON was on a mission and he was going to leave no fact unfurled. Coaxing the audience, “Now, listen to me now,” he continued to bring everyone ’round to hear his pitch. It was vintage Clinton. [...]

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Guess Which Presidential Candidate Will Speak at Hempfest, and Which at Paul Festival?

Joyce L. Arnold, Liberally Independent, Queer Talk, equality activist, writer. You already know the answers to the question in the headline, right? We’ll have no problem knowing where Mr. Obama and Mr. Romney are, most any day, between now and November 6. If, however, you might be interested in knowing where Green Party presidential candidate [...]

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Republicans Continue Pushing Tax Cuts for the Wealthiest

DEMOCRATS LED the fight in the Senate to draw down from the Bush era financial malfeasance, with Republicans balking on what the American people have said they want, which is that higher income Americans do their patriotic duty to pay their fair share in the midst of tough economic times. The Senate on Wednesday narrowly [...]

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Whiners on Millionaire Tax Aren’t ‘Middle-of-the-Road’ They’re Conservatives

If Mark Penn doesn’t like the idea it must be a good one; ditto for Sen. Ben Nelson and others. When are outfits like Politico going to quit calling conservative Democrats “middle-of-the-road”, because they are not. They’re evidently also not very bright. Obama sparks middle-of-road rage The Third Way Foundation, the most influential centrist Democrat [...]

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Allen West, Poster Child for the Republican War on Women

The above graphic is the headline on Emily’s List fundraising email (just click on it to support Wasserman-Schultz), as they capitalize off of the battle that’s ensued over DNC chairman Debbie Wasserman-Schultz taking it to Allen West. “The gentleman from Florida. who represents thousands of Medicare beneficiaries, as do I, is supportive of this plan [...]

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Raising Taxes on Super Rich Makes More Sense than Cutting Social Security & Medicare

This latest polling data is like a page from the pieces I’ve been writing for months. From the latest ABC News/Washington Post polling: But unlike 1992 – or 2010 – the opposition party’s taking even more heat than the president. While President Obama for the first time has fallen under 40 percent approval for handling [...]

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Pres. Obama’s Idea of Negotiating

The White House, seeking an agreement to raise the nation’s $14.3 trillion debt ceiling by Aug. 2, on Monday said it would not insist that any deal include an end to former President George W. Bush’s controversial tax rates on the wealthy. [...] The White House said the president is pushing the GOP to agree [...]

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Progressive Notes: The People’s Budget, Reverse Robin Hood, Youth on the Move for Change

Texan4Hillary offers his perspective as a movement progressive activist. Robin Hood in Reverse. Senator Sanders lets the D.C. elite know that at least one member of the Congress gets it. The Progressive Caucus, smarting from it’s mistakes on healthcare negotiations, this time is confronting Obama and the GOP head on. They have crafted their own [...]

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