Budget

Yesterday, Uncle Sam's Monthly Treasury Statement for August officially confirmed the Congressional Budget Office's Monday estimate of how horrid it would be. The August deficit, driven by $369.393 billion in spending, the highest such single-month total in U.S. history, was $190.533 billion, the largest August deficit ever reported. Naturally, Daniel Wagner at the Associated Press failed to…

Whoever wrote the Associated Press's brief dispatch yesterday on the results of the government's auction of 10-year Treasury notes seemed to be stunned and on the defensive about its result. The item, entitled "Weak Demand at Auction of 10-Year U.S. Treasury Debt," began as follows: "U.S. Treasury prices dived Wednesday after an auction of 10-year notes drew very weak demand, signaling a lack…

Bob Woodward singled out congressional Republicans as the main party to blame for the 2011 debt ceiling showdown during an interview on Wednesday's CBS This Morning and minimized President Obama and Senate Democrats's responsibility regarding the looming fiscal cliff: "The Republicans are like a brick wall, and it's very difficult to deal with them." Woodward also bemoaned that the press…

ABC's Diane Sawyer, in a Nightline interview with the Washington Post's Bob Woodward Monday, aggressively defended President Obama from any blame for last summer's debt ceiling crisis. "Barack Obama was hostage to events outside his control" due to a "Republican Congress newly dominated by the Tea Party" (video follows with transcript and commentary):

David Gregory teased Sunday's Meet the Press by highlighting a clip of himself pushing Republican presidential nominee Mitt Romney to upset conservatives in getting a budget deal, presumably by agreeing to raise taxes. “We go behind the scenes and on the record with Governor Romney less than two months before the election to press him on how he will turn around the economy and solve the nation’…

So much for budget and Medicare reform. On Saturday, New York Times congressional correspondent Jonathan Weisman sounded pretty confident that Paul Ryan's budget plan would sink Republican prospects in Congress in November, forwarding confident-sounding Democrats set to bash Ryan's proposals, even naming individual races, in "Ryan's Budget Proposal Is Pitting G.O.P. Troops Against Top of the…

Republican vice presidential nominee Paul Ryan is a Catholic – but not a good enough Catholic in the eyes of the media. Writers, bloggers, and talking heads have hammered Ryan for his supposed “dissent” from Catholic teaching. Journalists have falsely claimed that the bishops “rebuked” Ryan and called his budget “un-Christian.” Writers who usually scorn the Church and its hierarchy fretted…

On Friday's NBC Nightly News, Brian Williams touted the stimulus spending that went to renovating the reflecting pool between the Washington Monument and the Lincoln Memorial in Washington, DC: "Tourists in Washington this holiday weekend will find water in the Lincoln Memorial reflecting pool for the first time in two years. It was actually stimulus funding that paid for the major renovation…

Ezra Klein, the "former" head of the Journolist news coordination conspiracy (given the evidence of coordination seen during the Republican convention, it's hard to believe it hasn't continued in some form), rolled out a graphic yesterday at the Washington Post which he touted as "the one graph you need to see before watching" the Republican convention. To show would be to give it more…

Scott Horsley's report on Wednesday's All Things Considered could have mistaken for a three-and-half minute ad from a pro-Obama super PAC. Horsley played up how "Mr. Obama often tempers his speeches with a dose of modesty about what government can and can't do" and how the President "pushes back strongly against the anti-government rhetoric of his GOP opponents." The NPR correspondent also…

Thursday's New York Times front page included a report by Michael Cooper (pictured) and Dalia Sussman on a new CBS News/Quinnipiac University/New York Times poll of likely voters in the crucial states of Florida, Ohio, and Wisconsin after Romney's choice as running mate Medicare reformer Rep. Paul Ryan of Wisconsin: "In Poll, Obama Is Given Trust Over Medicare." Showing how the same findings…

Yesterday, James Taranto at the Wall Street Journal's Best of the Web had this to say about the title of an Associated Press report ("Obama Defends Tenor of His Campaign, Slams Romney") covering President Obama's four-question "press conference" -- "The writer of this Associated Press headline is either witty or clueless." The underlying writeup by Jim Kuhnhenn and Charles Babington wasn't…

As NewsBusters reported, New York Times columnist Paul Krugman on Sunday called Newsweek's cover story "Hit the Road, Barack" unethical. Niall Ferguson, the author of the piece, responded at the Daily Beast writing, "I suggest Krugman reads a wee bit more carefully before his conscience next starts blogging":

The Media Research Center is out with its latest edition of Notable Quotables, our bi-weekly compilation of the latest outrageous quotes in the liberal media. There's no subtlety in the latest batch of quotes, as liberal journalists greeted newly-minted GOP vice presidential candidate Paul Ryan by screeching about how he will supposedly “slash” the federal budget, slamming him as a “zombie-eyed…