Spending

Why a balanced budget amendment won't work

Regular readers will recall a previous piece I blogged where Thomas E. Mann and Norman J. Ornstein explained why Republicans are to blame for our current Congressional gridlock in Washington. They now have a follow up article looking at possible solutions to the gridlock. It should be read in full. They propose solutions such as … Continue Reading →

Republicans vote to rob the poor, to give to the rich

It’s official. Senate Republicans joined their House GOPers to vote for Paul Ryan’s Roadmap to Middleclass Ruin, or as they call it — the Ryan budget. Let’s review how that plan works: Among it’s most contentious features, the plan would phase out the existing Medicare program and replace it with a subsidized private insurance system … Continue Reading →

Romney forgets the facts in campaign speeches - Updated

The Associated Press fact checks the GOP’s apparent candidate and finds Mitt Romney is lying in his campaign speeches. Romney often repeats the Republican trope alleging President Obama has increased our debt more than all the previous presidents combined. Not true, in fact, “the debt has gone up by about half under Obama. Under Ronald … Continue Reading →

Senator Rick Jones proposes fair sacrifice

Not often I find myself agreeing with a Republican politician but good for Sen. Rick Jones for proposing a bill to have “retired legislators pay just as much for health insurance as other public employees.” More than 220 retired state legislators, 14 current representatives and 36 senators grandfathered into a closed retirement health insurance system … Continue Reading →

A failure of government spending

One of the Republican’s most successful false flag campaigns has been in promoting the notion that President Obama has presided over an explosion of government spending. Of course, nothing could be farther from the truth. This chart showing combined levels of government purchases of goods and services for the last ten years tells the real … Continue Reading →

Republicans balance their budget with the cruelest cuts

House Republicans are working overtime to wriggle out of their sworn budget deal made back when brought us to the brink of default last August. The deal included mandatory cuts to our bloated defense budget if the Republicans couldn’t agree to raising revenue with a tiny tax bump for the very wealthy. Well, they still … Continue Reading →

Your future under Romney economics

Mitt Romney makes a lot of vague and carefully worded, poll tested promises on the campaign trail. But this is your reality under Romney’s economic plan: WASHINGTON (AP) — Reducing government deficits Mitt Romney’s way would mean less money for health care for the poor and disabled and big cuts to nuts-and-bolts functions such as … Continue Reading →

Mitt Romney's blame game

Romney is waging a game of Liar’s Poker in this campaign, and by that I mean he shamelessly lies about President Obama’s record while maintaining a bland poker face. Take for instance Mitt’s fairly recent bogus talking point claiming Obama’s policies have caused a huge unemployment spike for women. Of course, the actual unemployment statistics … Continue Reading →

The Republican double-counting standard

A former Bush official, who led Bush’s social security privatization effort and now works for the Koch-funded Mercatus Center, made a splash with a new study reported by the Washington Post. He claims Obamacare actually increases the deficit rather than reducing it, as the CBO reported. Anti-Obamacare zealots were quick to seize on his study … Continue Reading →