Budget

It would appear that the Apparatchik Press -- er, the Associated Press -- thinks that part of its job is to soften the impact of embarrassing admissions made by Obama administration members. Take the wire service's Thursday afternoon AP report by Jim Kuhnhenn on Council of Economic Advisers' chair Christine Romer's observations about the stimulus package. Romer said (in AP's words) that "the…

As I pointed out Monday night (at NewsBusters; at BizzyBlog), Associated Press reporter Martin Crutsinger, in his Saturday morning report on the federal government's full-year fiscal results, conveniently "forgot" about a major accounting change that enabled President Obama's Treasury Department to report a final "deficit" of "only" $1.417 trillion. That's hundreds of billion of dollars lower…

Though its $1.4 trillion red-ink result was mostly known well ahead of its final issuance, the Treasury Department either conveniently got its year-end accounting work done in time for a Friday afternoon release of the final Monthly Treasury Statement, or held it until that time. Last year's report was released on Wednesday, October 15. The final statement shows receipts of $2.105 trillion, "…

Back on October 7, when the Congressional Budget Office reported that the federal deficit had ballooned to a massive $1.4 trillion during President Obama’s first year on the job, Katie Couric’s CBS Evening News did not tell viewers. But Couric finally caught up to the bad news after the Obama White House put out its final numbers on Friday afternoon.Couric disclosed the news in a brief item that…

Eight months after President Obama signed a stimulus package worth $787 billion, less than half the funds have been spent and nearly half of Americans want the remainder to be repealed. Of course, that hasn't stopped the mainstream media from pushing for more. Recall that before the first bill was even signed, Reuters hailed a statement from billionaire George Soros warning that it wouldn't…

Wednesday’s CBS Evening News With Katie Couric and Thursday’s Early show completely ignored any mention of the fact that the deficit has risen to a staggering $1.4 trillion, triple what it was a year ago. The Early Show, however, did find time to report the incredibly important news that Levi Johnston will be posing for Playgirl. Just one year ago, on October 7, 2008, Katie Couric made sure to…

Following the talking points of the Democratic Party, at the top of Thursday’s CBS Early Show, co-host Maggie Rodriguez declared a win for health care legislation being pushed by Montana Senator Max Baucus: “President Obama’s health care plan gets a green light from the Congressional Budget Office, as a key bill not only pays for itself, but actually saves billions.”Rodriguez later introduced a…

It isn't often that one can see two decades of history re-written in under ten minutes.  But such was the occasion on this morning's episode of Morning Joe. Max Blumenthal, author of "Republican Gomorrah: Inside the Movement that Shattered the Party," spent his time on the show demonstrating the combined power of cognitive dissonance, wanton ignorance, and a willingness to re-write historical…

In the news today, the President and Oprah attempt to snag the Olympics from Rio, a Congressman yells something dumb on the floor of the House (not a Republican!), and double standards abound.  Meanwhile, back on the Hill, there's a humble bill involving the entire health care system of the United States making its way through the Senate.  Lawrence O'Donnell is not usually so honest and brazen…

Here's more "civility" from the Left. In a Chicago Tribune article today that appears to open as an attempt at humor but quickly devolves into nastiness, NPR-dependent radio host and author Garrison Keillor, among other things, attacks social conservatives, blames them and not those who have brought legal actions for years-long fights over keeping religious symbols right where they are, and --…

UPDATE AT END OF POST: 2006 video of Sen. Barack Obama applauding the death of Social Security reform. Contrary to what the Left and their media minions told Americans in 2005 when President George W. Bush wanted to reform Social Security, the nation's largest entitlement program is now projected to run deficits for at least the next two years.In an article on the subject published Sunday, the…

Somebody really needs to find the Associated Press's Martin Crutsinger some OCD therapy. It seems that he has a not-magnificent obsession with the two major theaters of the War on Terror (yeah, I still call it that), and that he seemingly won't be able to conquer it without outside intervention. In his report on August's federal budget deficit, the AP reporter continued to cite the wars in Iraq…

In a Sunday "uh-oh" review of 2010's electoral landscape as it applies to nationwide congressional races, the Associated Press's Beth Fouhy insulted GOP voters while effectively implying that they are the only ones who oppose ObamaCare, "reckless spending, and high debt." The foundation of Fouhy's piece is a fear that Democrats may be in peril of losing their House majority in 2010. Funny, when…

The September 7 edition of Time magazine features a brief article up front on "A Brief History of the U.S. Deficit." Writer Claire Suddath claims that the quadrupling of the deficit under Obama is somehow a good news/bad news story: The good news is that the Obama Administration has scaled back its estimate of this year's budget deficit to an estimated $1.58 trillion (down from $1.84 trillion in…