Romney and Ryan: Higher Military Spending, Lower Taxes — Fiscal Hawks?

Can you be called a “fiscal hawk” or a “deficit hawk” if you are pushing for higher military spending along with a built-in floor that stipulates “core defense spending” must be maintained at 4% of GDP? Can you be called a fiscal or deficit hawk if you advocate for lower, across-the-board tax cuts at a time when the federal government is running trillion-dollar-plus deficits?

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I agree with George H.W. Bush: Who the hell is Grover Norquist?

Grover Norquist, the “tax pledge” guy, called former president George H.W. Bush a liar this morning on This Week. “When George Herbert Walker Bush ran for president, he promised the American people he wouldn’t raise their taxes,” said Norquist. “He lied to them. He broke his commitment to them and they threw him out of office four years later.” For some history here, Bush famously said “read my lips – no new taxes” during his run for president in 1988.

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Paul Ryan as Running Mate, Mistake or Deceptively Clever?

Paul RyanIt’s been a week since Mitt Romney announced Paul Ryan as his running mate, and in this past week we’ve seen Ryan running away from the two big things that he is known for. If it wasn’t for the “Ryan budget” or his love-affair with Ayn Rand, Paul Ryan would just be another congressman. And if that was the case, it’s probably safe to say he would not have been on Romney’s VP short-list. So why is Paul Ryan running away from the very things that got him on that list to begin with? Did Mitt Romney make a mistake or is this a deceptively clever plan to win the White House?

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Republicans Ready For Another Debt Ceiling Fight While Voting To Increase Debt

Republicans would have you believe that the economy, the deficit and even much of our long-term debt is on the shoulders of President Obama. Republicans in the House, particularly Tea Party Republicans, threatened to ruin the credit worthiness of the United States (although many would not acknowledge it) in last summer’s debt ceiling showdown. In fact, just days after they reached an agreement to increase the debt ceiling, Standard & Poor’s downgraded the credit rating of the U.S. government bond for the first time ever.

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Tax Cuts, Especially For The Rich, Have No Significant Impact On Economic Growth

I have some news for Republicans and other fellow Americans who believe tax cuts for the rich will help the economy. If you think the rich are “job creators” and that their wealth will trickle down to the rest of us then you took the bait and swallowed it whole. The rich, along with their bought politicians, have you hook, line, and sinker. How much more evidence do you need that tax cuts, especially tax cuts for the rich, do not have any significant impact on economic growth? I don’t care what prominent Republican politicians and right-wing pundits are saying, it is entirely possible they are wrong. It’s also entirely possible they might not have your interests in mind when it comes to tax policy.

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