There Are No Deficit Hawks – Part 30,354

By: Thursday December 1, 2011 8:26 am

In case you weren’t paying attention during the debate about the extension of the Bush tax cuts last year, members of Congress are again working on a deal to clearly show there is no such thing as a deficit hawk. From Politico: House Majority Leader Eric Cantor is quietly working both sides of the Capitol to [...]

Yes, Medicare for All is the Best way to Radically Shrink the Deficit

By: Thursday August 11, 2011 9:08 am

The only thing worse than Washington being foolishly swept up in unnecessary deficit hysteria when our political leaders should be focused on jobs, is that all these so called “deficit hawks” entirely ignore the actual best solutions to shrink our long term deficit. That is why it is encouraging to see more regular exposure of [...]

Seeing No Bond Vigilantes, Deficit Hawks Work to Create Them

By: Wednesday May 18, 2011 6:00 am

I’m beginning to suspect the Republican’s decision to hold the debt ceiling hostage to demand only big cuts in spending and President Obama’s almost enthusiastic desire to play along was a way to deal with the problem of the nonexistent bond vigilantes by actively creating some. Most of the elites in Washington would love to [...]

Libya Reminds Us Almost No One in Washington Cares About Deficits

By: Tuesday March 22, 2011 10:15 am

The Hill is reporting that the cost of our latest war military action in Libya could effectively wipe out all the deficit reduction House Republicans are trying to squeeze of out of cuts to domestic programs. U.S. military operations in Libya could wipe out a significant chunk of the budget cuts won by congressional Republicans [...]

Two-Thirds of Americans Favor Full Withdrawal from Iraq and Afghanistan

By: Wednesday March 9, 2011 9:46 am

In the context of reducing the budget deficit, a new Bloomberg poll (PDF) asked Americans if they would support pulling all troops out of Iraq and Afghanistan. The poll found an overwhelming 66 percent would favor this action, while only 30 percent oppose it. A full withdrawal from Iraq and Afghanistan was one of only [...]

A Christmas Miracle: Hawks Clamor for Deficit Spending as Special Tax Breaks Near Scheduled End

By: Friday December 10, 2010 12:11 pm

For most of the year, Washington is overrun with deficit hysteria, but right now is that special, magical time of the year. No I’m not talking about Christmas! I’m talking about the joyous season of the January 1 scheduled end of temporary tax provisions that would increase rates for the ultra wealthy and end select [...]

Ending Government Waste, Corporate Welfare Should be Progressive Priorities

By: Wednesday December 1, 2010 5:25 am

With Washington in the grips of a new wave of deficit hysteria and people in power feeling at this moment an overwhelming desire to make the less advantaged among us sacrifice in the name of austerity, it is normal for progressives to sound defensive around the cackle of deficit chickenhawks. While it is critical that [...]

Where Have All the Deficit Hawks Gone?

By: Friday September 17, 2010 5:30 am

I noticed that earlier this year we were overwhelmed by a wave of anti-deficit grandstanding throughout the Democratic Party while the Catfood Commission was sending up trial balloons about cutting Social Security benefits, raising the retirement age (which is just a sleight-of-hand way of cutting benefits) or cutting the health care benefits for military service [...]

Reduce The Deficit By Expanding Medicare, Not Cutting It

By: Tuesday April 27, 2010 11:00 am

Pete G. Peterson will be bringing together a whole flock of like-minded so called deficit hawks to attend a “national fiscal summit.” Don’t be surprised when it turns into a push by a group of millionaires to cut Social Security and Medicare in the name of fiscal responsibility. But if as a nation we really [...]