President Obama has always wanted a grand bargain to cut Social Security benefits. As long as he is in office it is a real concern, but every day it seems less and less likely Republicans would ever agree to work with him.
|By: Jon Walker Friday March 22, 2013 9:42 am|
The rather painless vote on a no strings attached temporary increase in the debt limit back in January and the easy passage of a continuing resolution this week made it seem as if the age of manufactured budget crises might finally be over. But apparently Speaker John Boehner is not ready to give up on [...]
|By: Jon Walker Wednesday March 20, 2013 8:41 am|
One of the best pieces of news I have seen in awhile is that Sen. Dick Durbin (D-IL) is not very optimistic about a grand bargain being reached. He currently puts the odds at less than 50 percent. From The Hill: The odds of a grand bargain deficit-reduction deal are less than 50-50, Senate Majority [...]
|By: Jon Walker Thursday December 13, 2012 11:26 am|
According to Sen. Dick Durbin (D-IL), one of Obama’s closest allies in the Senate, raising the Medicare age from 65 to 67 is no longer on the table. From the Wall Street Journal: A top Senate Democrat said he was told that President Barack Obama is no longer open to an increase in the Medicare eligibility age [...]
|By: Jon Walker Tuesday November 27, 2012 12:46 pm|
It appears the Democrats don’t intend to make Social Security directly part of any near term deal regarding the fiscal cliff. Top Democrats figures in the looming negotiations have stated that they don’t think changes to Social Security should be party of any pending deal, but something that should be dealt with on its own [...]
|By: Jon Walker Wednesday June 29, 2011 7:36 am|
There is no liberal plan that Sen. Joe Lieberman won’t try to scuttle. Now he is pushing cuts in Medicare as a way to reduce the deficit on the backs of elderly Americans. Hell of a guy, isn’t he?
|By: Jon Walker Tuesday April 19, 2011 12:12 pm|
It seems President Obama has succeed in shifting the deficit debate dramatically to the right. The right-of-center plan Obama laid out that relies on two parts spending cuts for every one part new tax revenue has already been declared the left extreme in the debate by top senate Democrats. From ABC News: Senator Dick Durbin, [...]
|By: Jane Hamsher Tuesday November 30, 2010 9:39 am|
Nancy Pelosi dug her heels in last night and told her caucus that the President wants no extension of the Bush tax cuts beyond the $250,000 threshold. She’s also signaled that she’ll put it up for a vote on the suspension calendar, which means Republicans can’t make amendments or the motion to recommit. But it also means she’ll have to get 290 votes in order to pass it, and there’s no way she can bring enough Republicans on board to do that.
So it’s a purely symbolic vote that will fail. But she’s asking members to take it anyway, because she says that’s what the President wants.
|By: Jane Hamsher Monday September 27, 2010 11:33 am|
As Lynn Sweet reports, Rahm Emanuel himself has been totally mute on the subject of running for mayor. The campaign in the press has been waged entirely by David Axelrod, Dick Durbin and others. And today, Barack Obama himself enters the fray. When asked by Matt Lauer if he would endorse Rahm in the Chicago [...]
|By: Jane Hamsher Wednesday July 7, 2010 9:02 am|
To the surprise of — well, absolutely nobody I guess — Harry Reid is rolling in drug money. Tim Carney reports that “no incumbent is receiving as much air support from the drug industry as is Reid, who championed a health care bill that pads drug company profits”: Right after [PhRMA head Billy] Tauzin’s July [...]