Posts tagged ‘Spending cuts’

March 15, 2013

What’s truly wrong with the Ryan Budget

Paul RyanBy , The Washington Post

The tax plan embedded in the House Republican budget would cut taxes by $5.7 trillion over the next decade, with the benefits flowing disproportionately to very wealthy households, according to a new analysis by the nonpartisan Tax Policy Center.

Taxpayers earning more than $1 million a year would benefit the most from the GOP tax plan, the analysis shows, reaping an average $400,000 tax break that would send their after-tax income soaring by nearly 20 percent.

Meanwhile, taxpayers earning between $40,000 and $50,000 a year —

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February 28, 2013

The next time Speaker Boehner chastises Senate…

Boehner McConnellHouse Speaker John Boehner has made many a headline laying blame for the sequester upon everybody elses’ shoulders but his own. He insisted the President was responsible for the massive spending cut set to go into effect March 1st. He’s touted his own accomplishments pushing through 2 sequester replacement bills in the House, forgetting to mention the obvious one-sided nature of both those pieces of legislation. And throughout most of this week he has thrown the entire weight of the sequestration onto the Senate who has not even considered the House bills and have come up with none of its own, despite a $110 billion Democratic replacement plan already released.

February 24, 2013

The Sequester Blame Game Comes to A Head

A not entirely new development in the sequester blame game reemerged this weekend in the form of Bob Woodward putting a damper on the Democrats’ Speaker Boehner sequestration powerpoint, trump card. This not wholly unexpected wrinkle shifts the sequester’s inception back on the White House.

February 22, 2013

How this is absolutely not Obama’s sequester

Boehner SequesterIn the often times twisted blame game of the hyperpartisan, gridlocked politics we’ve all grown to bemoan and loath, the Republican Party has talked themselves into many a reality altering claim aimed at absolving themselves of any resposibility for this nations problems. From blaming President Obama and Democrats for the Great Recession to the debt ceiling debacle of 2011, the GOP are now attempting to lay the entire idea of the sequestration on the White House’s doorstep.

February 14, 2013

Dems’ Sequester Replacement Meets with Predictable Response

Republican Health Care SolutionsSenate Democrats will soon release a bill to counter massive cuts from the looming sequestration. In short the bill will institute a minimum tax rate for millionaires and eliminate some tax subsidies, specifically those subsidizing crop insurance for large farms, a program the CBO says will cost upwards of $90 billion over the next decade.

Predictably, the Senate’s much criticized minority leader Mitch McConnell, has come out against the proposed bill saying,

February 1, 2013

TAXES! How does the U.S. measure up?

Tax returnsTaxes are always a political hot potato but over the last few years they have been the searing topic of choice as the Bush Tax Cuts’ expiration was debated by many a political pundit, each and every one of them apparent “experts”. Screams and wails about how much individual or “job creator” taxes will rise or fall should one or the other candidate wins. Constant complaints emanate from the Republican Party and the likes of Grover Norquist that taxes are too high, how any increase will destroy the economy and only lower taxes will save us all despite the large temporary cuts which have been in effect for more than a decade.

January 17, 2013

Daily Scoop: GW’s Interior Secretary’s New Bathroom Cost WHAT?

KempthorneAs we watch the congressional Republicans demand sacrificial spending cuts for not hobbling the U.S. economy over raising the debt ceiling, the cost taxpayers paid for George Bush’s Interior Secretary’s personal bathroom has come to light.Dirk  Kempthorne, former Idaho governor, served as the Bush Administration’s Secretary of the Interior from 2006 to 2008. It took six years but the bill for his personal restroom renovations has finally been released and it cost taxpayers a whopping $222,000, more than many houses cost.

October 25, 2012

Daily Scoop: Romney’s “Free Government Money 101″ [video]

In what could become Mitt Romney’s J.D. Hayworth moment this ABC News video utterly contradicts the Republican presidential candidates calls to severely cut government spending. As with J.D. Hayworth – John McCain’s Tea Party challenger in 2010 who was caught in “Free Government Money” informercial which contributed to his election loss - this video may be the metaphorical topper to the ex-governor’s campaign of flip-flopping. Depending on the coverage it receives, Mitt may have essentially shot himself in the foot.

Feel free to reblog, retweet and spread this video around the web to any of those who may still be on the fence during this important election.

September 17, 2012

Boehner’s Misconception of Governance & other Political Missteps

A few events over the intervening week held sway enough to make me ponder aloud, “Does John Boehner truly understand American governance?”; “Are the embassy attacks about US policy?” and “Does President Obama flagrantly advocate abortion?

      Election years are crazy enough with the monkey poo fights that erupt across the political ad-osphere but the complete abandon of facts this time around has sent this season into a tailspin of opportunistic malfeasance as its players seek to rouse emotion at the expense of rationality.

June 8, 2012

Wisconsin Recall: Glimpse of the Darkside or Wake-up Call?

After the Tuesday Wisconsin recall many a political pundit assessed the results of this Midwestern state’s impact on the presidential elections. Is Wisconsin a representative microcosm of American politics from which national contests can be accurately gauged? Or did the entire effort speak more to significant political divides within the US and the ease in which we are swayed by rhetoric and the money spent perpetuating it?  

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