“Pay for Delay” to Stay: More Proof Congress Doesn’t Care About the Deficit

By: Monday December 13, 2010 3:49 pm

Our long-term deficit problem is due basically to the incredibly high cost of health care if we fixed that we won’t have a long term deficit problem. The reason our health care costs so much is that Congress allows providers to engage in practices that rip off the public and the government. A great example [...]

In Tax Deal with GOP, Obama Didn’t Win as Many Concessions as Advertised

By: Friday December 10, 2010 1:59 pm

President Obama seems remarkably proud of himself for the many “concessions” he won from Sen. Mitch McConnell (R-KY) as part of their deal to extend all the Bush tax cuts for two years. The administration has really tried to spin the “success” of this deal by claiming Obama got $238 billion in spending while the [...]

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 [...]

Government’s Vestigial Organ Voices Opposition to McConnell-Obama Tax Deal

By: Thursday December 9, 2010 12:40 pm

The House Democratic caucus voted today to reject the Obama-McConnell tax deal. From Sam Stein: In a meeting on Thursday morning, the House Democratic caucus rejected the president’s proposed deal on the Bush tax cuts but did not fully submarine the possibility of its passage, multiple sources tell The Huffington Post. Members, by voice vote, [...]