The ABC, CBS and NBC evening newscasts on Tuesday delivered short items on how this year's budget deficit will be $296 billion, down substantially from the administration's predication of $423 billion, but while ABC anchor Kate Snow and CBS anchor Bob Schieffer stuck to how economic growth fueled increased tax revenue, NBC anchor Brian Williams decided to relay, without naming any names, a conspiracy theory: “Many economists and administration critics say the White House has deliberately inflated its own deficit projections in the past few years to score political points when the actual numbers came in lower." Of the three anchors, only CBS's Schieffer noted the role of tax cuts, citing how President Bush “gave the credit to his tax cuts, saying they stimulated the economy and boosted the amount of money coming into the Treasury." (Transcripts follow)
Somebody's got it wrong. In explaining the lower-than-projected deficit, President Bush today gave credit to his tax cuts.
In a chock-filled first half-hour of Today, the family of one the soldiers murdered in Iraq shared their grief and pride, Andrea Mitchell got it all wrong about conservative discontent, and White House spokesman Dan Bartlett declined to rise to Matt Lauer's bait.
New York Times reporter Robert Pear tapped out another article for Thursday’s editions highlighting "conservatives" versus opponents who are merely "Democrats." In fact, Pear used "fiscal conservative" today more times than the New York Times has used the term "fiscal liberal" in 25 years.
It must have been a dream come true for the folks at NBC, as well as all those associated with the long-time comedy variety show “Saturday Night Live.” Last night, NBC welcomed former vice president Al Gore to open the show posing as America’s president addressing the American people five years after having "overwhelmingly" won in 2000 (hat tip to Expose the Left with video link to follow). In reality, despite the obvious left-leaning bias, this was a good piece of comedy, with Gore doing a very fine job. Some of the highlights:
- “In the last 6 years we have been able to stop global warming. No one could have predicted the negative results of this. Glaciers that once were melting are now on the attack.”
- “Right now, in the 2nd week of May 2006, we are facing perhaps the worst gas crisis in history. We have way too much gasoline. Gas is down to $0.19 a gallon and the oil companies are hurting. I know that I am partly to blame by insisting that cars run on trash. I am therefore proposing a federal bailout to our oil companies because - hey if it were the other way around, you know the oil companies would help us.”
- “On a positive note, we worked hard to save Welfare, fix Social Security and of course provide the free universal health care we all enjoy today. But all this came at a high cost. As I speak, the gigantic national budget surplus is down to a perilously low $11 trillion dollars.”
- “There are some of you that want to spend our money on some made-up war. To you I say: what part of ‘lockbox’ don't you understand?”
- “There have been some setbacks. Unfortunately, the confirmation process for Supreme Court Justice Michael Moore was bitter and divisive. However, I could not be more proud of how the House and Senate pulled together to confirm the nomination of Chief Justice George Clooney.”
What follows is a full transcript of this sketch courtesy of Crooks and Liars, and a video link courtesy of Expose the Left.
The Washington Post reported on Wednesday's front page that House and Senate Republicans reached agreement on extending "President Bush's deep cuts to tax rates on dividends and capital gains," but the chart they used on the front page was a Democratic talking point. It shows that people with a 2005 income between $10,000 and $50,000 would receive nearly zero, while people making over $100,000 would have much larger returns.
On Friday's Countdown show, MSNBC's Keith Olbermann plugged the Rolling Stone cover story by historian Sean Wilentz which argued that George W. Bush may be the worst President ever, citing the opinions of over 400 historians. As he introduced his interview with Wilentz, Olbermann sympathetically referred to the recently fired CIA employee who leaked classified information on the agency's use of secret prisons in Europe in the War on Terrorism, calling her a "whistleblower," and asked the question: "President Bush, whose administration is now firing, perhaps prosecuting whistleblowers, is he simply the worst?"
While introducing the segment, Olbermann listed several of Wilentz's attacks against Bush without challenging their validity, including accusations of "fabricated evidence" of WMD, a "retro fiscal policy" of "massive tax cuts" for the wealthy that "racked up monstrous deficits," and a criticism citing an unnamed Republican strategist who claimed that the Republican Party is "the first religious party in U.S. history." Olbermann, who perennially makes comparisons between George Orwell's novel 1984 and the Bush administration, managed to work in yet another reference to Orwell as he ended the interview mocking the administration's use of the term "pre-9/11 thinking," charging that Bush would accuse Wilentz and the other historians of being "guilty of pre-9/11 thinking, as George Orwell might have said." (Transcript follows)
On to promote his new children's book Billy Crystal couldn't resist taking a shot at the President on this morning's Today show. Crystal, opening to an illustration of a grandfather in his book let this zinger fly: "So we try to make them, [the] guy look like an everyman but look at this, if you can get in close, doesn't he look like President Bush?"
Lauer: "He does. He really does."
Crystal: "Just telling this little baby you have a $9 trillion dollar debt you can't pay off. Isn't that nice?"
In a conversation about gas mileage, Charles Gibson showed he does have some understanding of how when a pie gets bigger, predictions done with static scoring, instead of dynamic scoring, are wildly inaccurate. Unfortunately, he doesn’t apply the same common sense to the affect of tax cuts on the federal deficit.
In a little half-hour online chat Friday at Washingtonpost.com, WashPost columnist/reporter David Broder complained about the "fiscal profligacy" of the federal government, but specifically against the Bush tax cuts. He sounded the familiar refrain that Americans should be having to "sacrifice" more for the war, even as his questioners pointed out tax cuts are popular.
Washington Post reporter Thomas B. Edsall hits the front page today with a story headlined "Grants Flow to Bush Allies On Social Issues." Edsall reports that a bevy of tiny crisis pregnancy centers and abstinence groups have seen their budgets double and triple through federal grants from groups established as part of President Bush's faith-based initiatives.