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Tag Archives: deficit
Why Is This So Damn Difficult?
This is so simple it’s ridiculous. The three major causes of the dramatic increases in debt and deficit are: 1) The Bush, now Obama, tax cuts. 2) The wars in Iraq and Afghanistan. 3) The financial collapse caused by Wall … Continue reading
Posted in Afghanistan, budget, economy, Iraq, Medicare, Obama, Politics, Social Security, Taxes, Unemployment, Wall Street
Tagged $2.2 trillion, Afghanistan, American Society of Civil Engineers, Austan Goolsbee, Bush tax cuts, businesses, certainty, customers, debt, deficit, demand, financial transaction tax, free trade agreements, infrastructure, Iraq, jobs, Medicare, patent process, President Obama, Social Security, Wall Street
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The Deficit Reduction Dog and Pony Show, Cont’d
Further proof that the deficit reduction talk in DC is just a dog and pony show: “In a Wednesday news conference, the president especially pounded a depreciation provision for corporate jets, mentioning it six times. “I think it’s only fair … Continue reading
Posted in Deficit, economy, Obama, Politics, Taxes
Tagged Bush tax cuts, corporate jets, deficit, dog and pony show, hedge fund managers, president, press conference
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Vote to Repeal Health Care Reform Not Meaningless At All
My first inclination is to call the Republican vote to repeal health care reform yesterday meaningless, since it’s unlikely to even come up for a vote in the Senate and faces a certain presidential veto even if it did, but … Continue reading
Heckuva Job, Mr. President
Good call, Mr. President. You’ve hit on the reason for the $1.3 trillion deficit. Nothing to do with the crooks savvy businessmen on Wall Street or wars that never end or tax cuts for the top 2 percent. It’s the … Continue reading
Posted in budget, Congress, economy, Obama, Politics, Republicans, Taxes, Wall Street
Tagged Agricultural Inspector, Air Traffic Controllers, Bush tax cuts, deficit, Republicans, Social Security, wage freeze, Wall Street, wars
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Making Sense of the Tax Cut Extension Contradictions
A couple of things don’t make sense in this debate over letting the tax cuts for the top 2% expire. Don’t make sense on the surface, that is. Dig a little deeper and it becomes perfectly clear. Why is there … Continue reading
Posted in Congress, Democrats, economy, lobbyists, Obama, Politics, Republicans, special interests
Tagged Congress, corporate interests, deficit, Democrats, job creation, millionaires, organized labor, President Obama, Republicans, tax cuts, top 2%, unions
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Kyl: No Need to Pay For Tax Cuts
Given their history, why anybody would give one ounce of credibility to any Republican and their faux concern about deficits is beyond me. But for those few amnesiacs who did, John Kyl should have cleared that up yesterday with this: … Continue reading
Posted in budget, Congress, Conservatives, economy, George W. Bush, Politics, Republicans
Tagged Bush, deficit, Eric Cantor, hypocrites, income inequality, Jon Kyl, Judd Gregg, private sector jobs, tax cuts, unemployment benefits
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One Vote
One vote. That’s all more than 2 million Americans needed to have their unemployment benefits extended. One vote. That’s all that was needed to prevent the unprecedented action by Congress of failing to extend benefits when unemployment is anywhere near … Continue reading
Posted in Congress, Democrats, economy, Politics, Republicans, Unemployment
Tagged Ben Nelson, deficit, Democrats, extension, fool, Harry Reid, idiot, Olympia Snowe, Senate, Susan Collins, unemployment benefits
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The Real Cost of Killing the Tax Extenders Bill
The confederation of hypocrites and liars in the United States Senate, aka the Republican caucus plus Ben Nelson, voted today for the third time to kill the “tax extenders” bill which would have extended unemployment benefits, several tax credits, and … Continue reading
Posted in budget, Congress, Conservatives, economy, George W. Bush, Politics, Republicans
Tagged 2001, 2003, Arizona, Ben Nelson, Bush tax cuts, Colorado, cost, deficit, George Voinovich, hypocrites, John Kyl, liars, Medicare funding, Medicare Part D, New Mexico, Pennsylvania, Republican caucus, state budget cutbacks, Susan Collins, tax extenders bill, unemployment benefits, United States Senate
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Senate Turns Down Extension of Unemployment Benefits
The Republicrats in the Senate gave a big middle finger to the long-term unemployed yesterday, as 12 Democrats joined all the Republicans in voting down the extension of unemployment benefits, citing their hypocritical concerns about increasing the deficit as the … Continue reading
Posted in budget, Congress, Democrats, economy, Politics, Republicans
Tagged Afghanistan, allure, Ben Nelson, defense spending, deficit, Diane Feinstein, drug test, funding, Iraq, John Linder, Orrin Hatch, Pentagon, Senate, too generous, unemployed, unemployment benefits
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