Obama Wants Yet Another Bipartisan Deficit Gang

By: Wednesday April 24, 2013 6:16 am

There has already been the Gang of Six, the Bowles-Simpson Commission, the Gang of Eight, the Super Congress, and the Boehner-Obama negotiation. Even though all these previous bipartisan deficit reduction groups failed, President Obama is apparently not going to stop until he cuts Social Security. According to Politico, Obama is pushing for the formation of [...]

Pete Peterson Spent Half a Billion on Recent Push to Cut Entitlements

By: Thursday February 28, 2013 9:14 am

One of the big reasons that deficit hysteria gripped Washington for years despite dozens of more pressing issues is that Pete Peterson has spent the GDP of a small country propping it up. According to Joshua Green, Peterson spent half a billion on this current deficit push and plans to spend a half billion more. [...]

Obama Refuses to Believe That Republicans Really Hate Taxes

By: Friday February 15, 2013 8:48 am

House Republicans really really really hate new taxes. This is one promise from the GOP I do believe. It seems almost everyone from their base, to their donors, to independent voters believe this. Despite a mountain of evidence the only people who don’t seem to believe this are a small circle of professional grand bargain [...]

The Computer That Could Replace Your Doctor

By: Tuesday February 12, 2013 7:53 am

Two researchers at Indiana University believe they have created a computer program that can better and more cheaply diagnose medical problems. From Indiana University: Using an artificial intelligence framework combining Markov Decision Processes and Dynamic Decision Networks, IU School of Informatics and Computing researchers Casey Bennett and Kris Hauser show how simulation modeling that understands [...]

Obama Says Medicare and Social Security Cuts Still on the Table

By: Tuesday February 5, 2013 11:34 am

No bad idea supported by President Obama is ever permanently defeated, it is at best simply stopped temporarily. In a statement today about the sequestration cuts Obama wanted to make it clear that the proposed entitlements cuts that he has previously backed are still on the table. In fact Obama made sure to repeat this [...]

How Immigration Reform Will Become Entwined with Obamacare and the Deficit

By: Tuesday January 29, 2013 10:10 am

There biggest potential sticking point to passing a broad immigration reform law could be cost and the biggest possible driver of cost could be how immigration reform would interact with the Affordable Care Act. Currently a bipartisan group of senators seems to have reached an agreement on broad outline but it is easy to support [...]

What if the Deficit Hawks Already Got their $4 Trillion and Nobody Noticed It?

By: Tuesday January 29, 2013 6:54 am

For several years now, the so called “deficit hawks” have been demanding that the federal government get $4 trillion in deficit reduction over the next decade, because somehow that is the magical number to stop some vague disaster, which also seems to be exactly a few years on the horizon. The push for a mythic [...]

The Real Long Term Problem Is Climate Change

By: Wednesday January 9, 2013 12:08 pm

Last year was the warmest year on record for the contiguous United States according to the National Oceanic and Atmospheric Administration. The average temperature in 2012 was 3.3°F above the average for the last century and was a full degree warmer than 1998, the previous record holder. Perhaps even more importantly it was the second [...]

Obama Will Keep Pushing for More Deficit Deals

By: Monday December 31, 2012 12:34 pm

Obama could have used this revenue-increasing deal to finally pivot to immigration, education, climate change, gun control or any of a dozen other issues that have been completely neglected while Washington has been overwhelmed with deficit hysteria. There is no shortage of more pressing problems in America that need to be dealt with. Instead Obama seems to be signalling that much of his second term is also going to be consumed with his desire to get a balanced deal to reduce the deficit, and in Washington “balanced deficit reduction” is basically the code word for cutting entitlements.

Americans Support Tax Increase But Not Spending Cuts

By: Thursday December 13, 2012 12:56 pm

When it comes to deficit reduction the American people strongly support increasing taxes on the rich, but they don’t support most of the common spending cuts currently being considered in Washington. According to a new Pew Research poll, raising taxes on those making over $250,000 a year is the most popular deficit reduction idea, while [...]