Budget

CNN business correspondent Christine Romans claimed Monday that "any serious budget expert's analysis" concludes that taxes must increase. During CNN's coverage of President Obama's address concerning his deficit reduction plan, Romans asked not if, but when Republicans should get on board with his proposals. "So at what point do Republicans say, okay, we agree that taxes have to go up, and…

It will be interesting to see if a quote noted at the end of Jim Kuhnhenn's early Associated Press report about the President Obama's proposed tax increases (saved here for future reference, fair use and discussion purposes) makes the cut in later revisions. I'll bet not, because it sends both the arrogance and ignorance meters well into the red. This post will look at the first and third…

On Friday's NBC Today, correspondent Tom Costello described how "Nearly one in six Americans is living in poverty. 16 million are children. That's 3 million more than three years ago." However, nowhere in his report on the growing problem did he mention the Obama administration's failed economic policies as a cause. Instead, Costello lamented over possible cuts to government welfare programs…

The August Monthly Treasury Statement released by the government today reveals that Uncle Sam ran a $134.2 billion deficit in August. That figure was $44.7 billion, or 48%, higher than the $90.5 billion deficit seen in August 2010. The year-over-year deficit increase occurred because outlays increased by 19% to over $303 billion, while receipts went up by 3% to $169 billion. Gee, that wasn't…

CBS's Early Show on Monday devoted two segments and a news brief to the Obama "jobs bill," but in none of the three stories did they allow a single Republican to speak. Correspondent Bill Plante filed a report that was almost all Obama soundbites -- and to make the sound of a sales job complete, it even included a clip of a TV ad from the Democratic National Committee to help push the $447…

It certainly wasn't a Paul Krugman moment, but is the tenth anniversary of the biggest attack on our mainland a good time to say, "Fifty years from now, we might even look at 9/11 as simply the beginning of the decline of America?" That's what Fareed Zakaria said Sunday on the CNN program bearing his name (video follows with transcript and commentary):

It's not often that you see a member of the liberal media elite concede an important point to conservatives. It's even rarer when the person doing it is Obama cheerleader Chris Matthews. But that's just what happened  during last night’s “Hardball” when the former Tip O’Neill aide dared to state the obvious fact that Social Security is remarkably similar to a Ponzi scheme—a truth that has…

The New York Times vs. fiscal discipline, once again. Monica Davey reported emotional anecdotes from Michigan Wednesday against attempts by the state to rein in costs: “Families Feel Sharp Edge of State Budget Cuts.” Here in Michigan, more than 11,000 families received letters last week notifying them that in October they will lose the cash assistance they have been provided for years. Next…

America was in a post-stock market bubble bursting recession, had just suffered its worst mainland attack in its history, and New York Times columnist Tom Friedman believes ten years later all would have been made right if the President of the United States on September 12, 2001, had raised taxes. This is what Friedman, in his most recent blame all the troubles of the world on George W. Bush…

Exactly what country does New York Times columnist Paul Krugman actually reside in? Before you answer, consider the following sentence from his article Monday:

It appears one should never say in Christiane Amanpour's presence Barack Obama isn't ideologically flexible. When former Congressional Budget Office director Douglas Holtz-Eakin did so on ABC's "This Week" Sunday, the host pushed back, "Do you think that’s true that he hasn’t shown flexibility since he's, he’s sort of come completely to the Republican tenor of the debate?" (video follows with…

If it's Sunday, New York Times columnist Paul Krugman must be "saying something really stupid or outrageous." On ABC's "This Week," the Nobel laureate told host Christiane Amanpour, "If Obama called for endorsing motherhood, the Republicans in the House would oppose it" (video follows with transcript and commentary):

CNN's Piers Morgan hosted New York Magazine columnist Frank Rich for a conservative-bashing session on Thursday. Morgan took the opportunity to ask his liberal guest if the Tea Party can even govern. "But can they actually govern? Or does the rather intransigent streak that they bring to all that policy-making, is that always going to be the problem?" Morgan asked. Rich responded that the…

Charles Krauthammer on Fox News's "Special Report" Friday offered Republicans a 2012 campaign slogan to defeat Barack Obama. "President Zero: zero economic expansion, zero jobs, zero ideas on how to cure the economy" (video follows with transcript and commentary):