Here is another reason Republicans are sadly our best hope for protecting Social Security. The powerful conservative group Americans For Tax Reform, founded by Grover Norquist, called chained-CPI a middle class tax increase. Supporting it would be a violation of the tax pledge most Congressional Republicans have signed. From Americans For Tax Reform: On the [...]

During the debt ceiling fight President Obama wanted Republicans to agree to tax increases but they refused to. Obama couldn’t even get them to agree to a tax increase trigger to improve the chances of a super committee reaching a deal. Eventually Obama offered a sequester with large defense cuts and the GOP decided that [...]

It seems many on the left, like Paul Krugman, are quite happy with President Obama’s deficit speech. I will even admit to it being much better than what I feared, but that is only because some truly terrible trial balloons managed to set expectations incredibly low to begin with. The important point of the speech [...]