First of all, let's be clear about one thing: three Republican Presidents (Ronald Reagan, George HW Bush and George W Bush) are directly responsible for approximately $12T of the current $14T that is the National Debt (ND). Keep reading to see that math. As betw …
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The simple fact is that the Federal budget (and the National Debt that goes up every year there is a deficit) has become a runaway train and it will take many years to slow down in order to reach a balanced Federal budget and start reducing the overall National Debt. …
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I know that the following won't do anything to lessen the "pain at the pump" we are all experiencing, I just think alot of people don't understand how complex the problem really is. Like most of the problems facing our country (both short and long term) there are no simple …
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President Obama's commission has recommended that Social Security benefits be cut by as much as 22% over time, a reduction of more than $50,000 for the average recipient. President Obama and Congress may act soon to make these recommendations into law.
A new McClatchy-Marist poll finds that Americans oppose cuts to Medicare or Medicaid by a margin of 80 to 18 percent, including 73 percent of Republicans and 75 percent of Independents. In fact, just 28 percent of Tea Pary suppoerts backed the plan, while 75 percent opposed it:
In a video posted by ThinkProgress, an attendee at the event this week told Ryan that he believes the rich should pay higher taxes to help close the deficit and strengthen Social Security.
The conservative movement's embrace of taxophobia is probably the most important development in American political life over the last three decades. It is the one quality that most distinguishes American conservative elites from conservative elites in other countries.
For progressives to win arguments about the economy, Americans need to understand that a strong middle class leads to economic growth, and not the other way around.
While individuals have been thrown back upon themselves, both progressives and conservatives have acted as if the economy still functions from the top down.
But it was not only his speech, but its timing and its underlying strategy that were also perfect.
The Massachusetts health reform law is a success story from every perspective.
No matter what, Ryan's gambit, ultimately, is all about trying to get middle-class voters to swallow paying for tax cuts for rich people. It takes chutzpah to try such a thing, but having a lot of balls is not the same as having courage.
The simple fact is that the Federal budget (and the National Debt that goes up every year there is a deficit) has become a runaway train and it will take literally decades to slow down in order to reach a balanced Federal budget and start reducing the overall National Debt.
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Congratulations Speaker Boehner, you just won yourself more animosity from the ideologues in your own party.
[W]hile the four Republicans in Congressional leadership positions are attempting to hold the increase hostage now, they combined to vote for a debt limit increase 19 times during the presidency of George W. Bush. In doing so, they increased the debt limit by nearly $4 trillion.
The most popular position in the GOP's coalition isn't that Medicare needs a complete overhaul, as Ryan thinks. It isn't that it needs major changes, or even that it needs minor changes. It's that we shouldn't try and control costs at all.
"This enduring Republican low-tax fetishism has come to seem quite delusional: we've tried this scenario twice before, in the 1980s and 2000s, and both times the budget deficit exploded.
An article and associated poll numbers from the Pew Research Center about Americans attitudes on federal spending and cuts to spending.
Jon Steward does it again! The absolute lunacy of the GOP's refusal to even consider letting the Bush era tax cuts expire revealed and parodied as only the Daily Show can do. Video included (and it's a good one)!
An article (with links) debunking 10 of the biggest lies perpetuated by the GOP.
The "Party of No" is at it again!
A look at President Obama's speech from Wednesday April 13, 2011.
Yet more evidence that President Obama is serious about cutting future spending by the Federal government.
Full text of President Obama's deficit reduction speech on April 13, 2011.
in a period of less than two months, Kloppenburg went from an extreme underdog to a candidate who nearly tied the incumbent and won 19 more counties than the Democratic candidate for governor last year.
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