Blog Archives

CBO: 2013 Estimated Federal Deficit At $642B, Half What Obama Inherited

May 15, 2013

The Congressional Budget Office (CBO) released a report on Tuesday showing a rapidly shrinking federal budget deficit. The CBO estimates [...]

Quote: Mark Blyth – Government Budget Is Not The Same As Family Budget

April 14, 2013

“The whole idea that the government is like a family — completely fallacious.” – Mark Blyth

Military-Industrial Complex: 2011 U.S. Defense Spending More Than Next 13 Nations Combined

January 27, 2013

In President Eisenhower’s 1961 farewell address he warned the country about the peril of the “military-industrial complex” to peace and [...]

House Passes Fiscal Cliff Bill 257-167

January 1, 2013

The House of Representatives passed the Senate fiscal cliff bill by 90 votes, and it has not gone unnoticed by [...]

Senate Approves Fiscal Cliff Deal 89-8

January 1, 2013

In the early hours of the new year, the U.S. Senate voted and approved the fiscal cliff deal 89 to [...]

A Fiscal Cliff Deal? – Not Before We Jump

December 31, 2012

We are all jumping off the cliff at midnight. — Apparently there will be no vote tonight on a deal [...]

The “Fiscal Cliff” Tells Us Two Things About Republicans

December 28, 2012

All the dire language about the fiscal cliff tells us two things about Republicans. 1. Republicans say the economy is [...]

Speaker John Boehner Says We Have A Spending Problem

December 13, 2012

Speaker John Boehner and pretty much the entire Republican Party and even some Democrats say we have a spending problem, [...]

McConnell, Republicans, Wrong On The Debt Ceiling

December 11, 2012

Last week, Senate Minority Leader Mitch McConnell either showed his lack of understanding of the debt ceiling, or he showed [...]

Republican “Car-Crashing” Logic On Economic Growth And Increased Revenue

December 4, 2012

Republican logic on how to grow the economy and increase federal tax revenue, in three simple steps: 1. Cut taxes. [...]

The ‘Fiscal Cliff’ That Isn’t

November 11, 2012

On today’s Up on MSNBC, Chris Hayes said if the debt and deficit were really a major concern in Washington, we [...]

What’s More Important, The Economy Or The Deficit?

November 4, 2012

I know some will say this is a false choice, but I ask, what is more important, the economy or [...]