Budget

New York Times chief economics writer David Leonhardt argued against the deficit-reducing House Republican budget written by Rep. Paul Ryan in his Wednesday front-page Business Day column “A Lopsided Proposal for Medicare.” Instead, Leonhardt called for higher taxes on "affluent Americans"(his reasoning: All wealthy countries do it). It’s one of his favorite arguments for redistributing the…

On Tuesday's NBC Nightly News, a report on the Republican 2012 budget proposal included a sound bite from Democratic Florida Congresswoman Debbie Wasserman Schultz, who decried the plan and ranted: "Medicare would become little more than a discount card. This plan would literally be a death trap for some seniors." Capitol Hill correspondent Kelly O'Donnell setup the outrageous quote by…

As the budget stalemate in Washington continues, Democrats are ratcheting up their class-warfare caterwauling. Time to bring out your earplugs and hypocrisy meters: Liberal political strategist Donna Brazile took to Twitter to assail fiscal conservatives for "taking medicine from seniors" and cutting taxes for "the rich and their corporate donors." Do-nothing House Minority Leader Nancy…

The ambitious, cost-trimming House Republican budget proposal put forward by Rep. Paul Ryan “is not going to become law anytime soon, if ever,” New York Times reporter Jackie Calmes assured us in her Wednesday “news analysis,” “A Conservative Vision, With Bipartisan Risks.” Yet it still “poses huge political risks for Republican candidates for Congress and for the White House in 2012.” A front-…

While questioning Rep. Jason Chaffetz (R-Utah) over the budget battle on Monday's "In the Arena," CNN's Eliot Spitzer switched gears and attacked Republicans for cutting taxes for the rich while cutting benefits for the poor. Spitzer and Chaffetz sparred over the ongoing budget battle and spending cuts, and Spitzer was certainly not lacking in Democrat talking points. "You are driving the…

In a softball interview with New York Senator Chuck Schumer on NBC's Today on Wednesday, co-host Matt Lauer recited Democratic talking points on the budget fight perfectly: "[For] the Tea Party and others on the far right....does it seem to you, Senator, that this is less about a fiscal debate or an economic policy debate and they are making an ideological stand here?" [Audio available here…

Covering the budget debate on Capitol Hill and the conflict in Libya, Andrea Mitchell spun two serious policy issues as examples of race-baiting. On the April 5 edition of “Andrea Mitchell Reports,” the MSNBC anchor lamented that Rep. Paul Ryan’s (R-Wis.) proposed 2012 budget would ravage black and Hispanic communities. “Representative Paul Ryan’s 2012 budget, released today, includes…

With the looming possibility of a government shutdown and today's Republican 2012 budget proposal, you can expect the media to be hard at work amplifying the complaints of liberal Democrats that conservative-proposed budget cuts are extreme. Even newspaper sections or online features generally disconnected from politics are picking up on the meme. Take the Chicago Tribune's The Seeker blog, a…

Respectable economist turned partisan New York Times columnist Paul Krugman weighed in at his nytimes.com blog Tuesday morning on the ambitious budget proposal for Fiscal Year '12, released by the chairman of the House Budget Committee, the formerly flim-flam-sauce-drenched Rep. Paul Ryan. In his post, headlined “The Threat Within,” Krugman at least held off the childish insults this time,…

On Tuesday's NBC Today, co-host Meredith Vieira grilled Republican National Committee Chairman Reince Priebus on GOP criticism of the massive spending of the Obama administration: "...sixth consecutive month of job growth, unemployment numbers lowest in two years, it certainly appears that there is a recovery. So doesn't that throw a real monkey wrench into your argument?" Priebus pointed…

Although a government shutdown hasn't occurred yet, ABC's Good Morning America has already begun showcasing the possible dire impacts of such a budget impasse.  Reporter Jake Tapper highlighted White House worries about "figuring out what this will mean in terms of parks that are closed, museums that are closed, veterans that are not able to get assistance for their benefits..."…

Rep. Paul Ryan, chairman of the House Budget Committee, is slated to release the Republican budget for FY2012 today. He took to the Wall Street Journal to offer some details and tout the need for budget reform. Ryan also created the very slick video you'll see below the break to outline the nation's fiscal situation. Check it out and let us know what you think.

Do you believe Rep. Paul Ryan when he says we only have a few years left to get our fiscal house in order, or we're going to face European-type austerity? How about the co-chairmen of the bipartisan deficit commission, Alan Simpson and Erskine Bowles, who have essentially issued the same warning? Have you taken a hard look at President Obama's 10-year budget with a view to whether it would…

On Monday's Morning Edition, NPR's David Schaper slanted towards a professor and his allies in academia who object to a recent open records request into his e-mails from the Wisconsin GOP, playing five sound bites from them versus only two from a non-Republican source who thought their concerns were overblown. One of the professor's allies labeled the request a "contemporary version of…