If You Need to Actually Say You Didn’t Cave, You Caved

By: Thursday August 4, 2011 11:54 am

If so many people are saying you got beaten that you actually feel the need to start publicly declaring you didn’t cave, that means you caved. From the White House’s absurd attempt to defend the debt ceiling deal with lies: Myth: President Obama caved. Fact: President Obama laid out key priorities that had to be [...]

White House Officially Lies About Debt Ceiling Deal

By: Thursday August 4, 2011 11:20 am

The White House has put out a truly disgraceful “myth and facts” post at it’s blog, about the debt ceiling deal, which flatly lies to the American people. From the White House website post: Myth: The joint committee — the so-called “super committee” — makes it easier for Congress to cut the programs we care about. [...]

The Next Debt Ceiling Deal Will Likely Be Much Worse

By: Wednesday August 3, 2011 1:41 pm

There should be no doubt that one of the most dangerous aspects of this current debt ceiling deal, is that it set a precedent for Republicans turning every future debt ceiling increase in the future into another hostage situation to force spending cuts. As Republican Senate Minority leader Mitch McConnell put it: “What we have [...]

CBO Report on Debt Ceiling Deal Released

By: Monday August 1, 2011 12:19 pm

The official Congressional Budget Office report on the debt ceiling deal has been release. From the CBO Summary: Establish caps on discretionary spending through 2021; Allow for certain amounts of additional spending for “program integrity” initiatives aimed at reducing the amount of improper benefit payments; Make changes to the Pell Grant and student loan programs; [...]