Budget

Syndicated columnist Charles Krauthammer on Friday said one of those truly memorable lines he comes up with from time to time. Speaking about Barack Obama's decision to give his jobs creation plan before a joint session of Congress next week, Krauthammer told the host of PBS's "Inside Washington," "The same way the Federal Reserve is debasing our real currency he’s debasing the currency of…

CBS's Bill Plante hyped the supposedly "testy confrontation" between President Obama and Speaker Boehner on Thursday's Early Show over scheduling a presidential address to Congress: "This may prove that there is no argument too petty in today's Washington." By contrast, on Wednesday's CBS Evening News, Norah O'Donnell placed more blame on Obama for giving Boehner only a "15-minute heads-up…

Two weeks ago (at NewsBusters; at BizzyBlog), yours truly pointed out how establishment press coverage of the bankruptcy of Massachusetts-based Evergreen Solar had emphasized its Bay State assistance, and only rarely brought up how it benefitted by being able to sell solar panels it otherwise would probably not have bothered to produce to projects benefitting from American Recovery and…

In his Wednesday report on federal disaster aid in a time of vast national debt, New York Times congressional reporter Carl Hulse treated liberal Democrats as the epitome of Washington wisdom and moderation: “Emphasis on Federal Austerity Changes Dynamics of Disaster Relief.” While self-described socialist Bernie Sanders was only termed an “independent,” Hulse managed to put an ideological…

The New York Times is still stirring up news based on an op-ed published in the paper two weeks by billionaire Warren “Tax Me More” Buffett, “Stop Coddling the Super-Rich,” pleading for the government to raise the effective tax rate on wealthy investors like him. Buffett’s op-ed went viral among liberals online, and has spread to Europe, according to Wednesday’s Business section story from…

At the top of Wednesday's NBC Today, co-host Matt Lauer warned: "Record flooding in the wake of Irene leading to new evacuations and dramatic rescues across the Northeast....As FEMA's disaster fund runs dangerously low." Moments later he announced the agency was "running into a serious money crunch because of Irene and in-fighting in Washington." In a later report, correspondent Tom Costello…

Poor President Obama. There's only so much he can do to lift the economy. He's tried so much already, yet somehow it just hasn't worked. Now his options are limited by those darned Republican demands for "fiscal austerity" and a "tight debt ceiling" (of "only" $2.4 trillion) which was only raised by enough to get him through his reelection effort (in 14-1/2 months). This is the utter garbage…

If only George W. Bush had ordered home delivery of some pizzas during Katrina. On Meet the Press, David Gregory relayed how, before the tropical storm arrived on Saturday, Newark Mayor Cory Booker delivered a few pizzas to a shelter, then Gregory marveled at the “contrast...between President Bush regretting he had a flyover of the storm zone and here's Mayor Booker personally delivering pizzas…

George Will and Donna Brazile had a telling exchange on ABC's "This Week" Sunday. After Will listed all the excuses President Obama makes for the poor economy, Brazile said, "I thought you were going to mention media" leading Will to smartly retort, "They're not his problem" (video follows with transcript and commentary):

It often amazes that liberals in this country revere New York Times columnist Paul Krugman as being an expert economist. Take for example Friday's intellectually challenged piece entitled "Bernanke's Perry Problem" in which the Nobel laureate accused prominent Republicans such as the Texas governor and Wisconsin Congressman Paul Ryan of preventing the Federal Reserve chairman from enacting…

The New York Times maintained its strange hostility toward center-right French president (and former Bush ally) Nicolas Sarkozy in Steven Erlanger Tuesday’s story from Paris, “Sarkozy Seen as Baiting Socialists With Budget Role.” Erlanger implied that Sarkozy’s standard political appeals for deficits and balanced budgets (i.e. “the right’s obsession”) were somehow unfair to the opposition…

One of the greatest perversions of statism is the use of taxpayer money to push for ever more government spending and more government intervention. A casual listener to the far-left end of the FM dial, National Public Radio, will quickly conclude that NPR is one of America's leading offenders in this perversion. Let's just take one show, the August 22 evening newscast "All Things Considered…

To borrow from a certain president's former preacher, the "chickens are coming home to roost" in Social Security's disability program. It's nearly bankrupt, and set to run out of cash by 2017. In the Associated Press's writeup ("Social Security disability on verge of insolvency") of the situation occasioned by a congressional report repeating the obvious, Stephen Ohlemacher surprisingly and…

The opening sentence of Charles Babington's "objective report" about the possible extension of what was billed late last year as a "temporary payroll tax cut" reads like a Democratic National Committee press release: "News flash: Congressional Republicans want to raise your taxes." It doesn't get any better until the final paragraph. Babington's babble is otherwise a long-winded, chidish…