Budget

It appears there's nothing MSNBC's Mika Brzezinski loves more than deficits as far as the eye can see. On Tuesday's Morning Joe, the perilously liberal co-host proudly displayed her Valentine's Day gift - Barack Obama's debt exploding budget proposal with lipstick kisses all over it (video follows with transcribed highlights and commentary):

MSNBC's Andrea Mitchell Reports on Monday featured the Acting Director of the Office of Management and Budget (OMB) to bizarrely state that Barack Obama had introduced a "balanced budget." Unfortunately for Jeffery Zients and the liberal cable network, it is hard to hide the fact that the President’s proposal actually projects a budget deficit of $1.33 trillion for the fiscal year 2012,…

Despite the fact that the national debt has topped $15 trillion, the three network morning shows on Monday managed to only provide a total of 47 seconds to the Obama administration's newly released budget plan. NBC's Today gave the most time to the news – a whole 26 seconds – but also completely glossed over criticism of the plan, with news anchor Natalie Morales declaring: "President Obama…

Time magazine's Mark Halperin on Thursday admitted that if Republicans were in control of the Senate, which has now gone over a thousand days without passing a budget, the liberal New York Times wouldn’t be giving them the same free pass that it is giving the current Democrats in the Senate.  Morning Joe host Joe Scarborough pondered, “What would the New York Times editorial page say about a…

Let's think about the kind of mess that we're in. Federal 2010 Medicare and Medicaid expenditures totaled $800 billion. The projected annual growth of both programs is about 7 percent. Social Security expenditures are more than $700 billion a year. According to the 2009 Social Security and Medicare trustees reports, by 2030, 49 percent of federal revenues will go for Social Security and…

Oh joy. Today at the Associated Press, aka the Administration's Press, in response to the Congressional Budget Office's release today of an awful 10-year baseline outlook, Andrew Taylor made sure that his first paragraph was only about the projected "dip" in the fiscal 2012 deficit, and dedicated his second paragraph to the bad things that will happen if "the Bush tax cuts" are extended and…

A report carried at CBS News in St. Louis from Jim Anderson of the Illinois Radio Network (IRN), which appears to be a private entity, tells readers that a research study (summary; PDF of relevant chapter) published by the Institute of Government and Public Affairs (IGPA) at the University of Illinois has identified "a combination of tough policies (which) could bring the state into fiscal…

The ignorance of HBO's Bill Maher was oozing from every nook and cranny of his being Friday night. After telling his Real Time audience that the national debt has only gone up by $1.5 trillion under Obama, the host during the Overtime segment actually said, "Mitt Romney we found out made $27 million, only paid 11 percent in taxes” (video follows with transcribed highlights and commentary,…

In today's "How Can Someone So Dumb Have His Own Nationally Televised Show" segment, HBO's Bill Maher said Friday the federal debt has only increased by $1.5 trillion since Barack Obama took office (video follows with transcribed highlights and commentary):

In two items about today's report on economic growth from the federal government's Bureau of Economic Analysis today, Martin Crutsinger claimed that today's lower-than-expected annualized growth of 2.8% during the fourth quarter of 2011 (vs. expectations of 3% or higher) was hurt because of big "cuts" in government spending, especially federal spending -- supposedly the biggest cuts in 40 years…

On Tuesday's CBS This Morning, Erica Hill played up the "overwhelming majority" that apparently support raising taxes on the rich, and urged Rep. Paul Ryan to consider supporting such a tax hike: "68% of people support raising...taxes on incomes of $250,000 and higher. Is that something that you could, perhaps, at least have a conversation about?" [audio available here; video below the jump…

The more one listens to Newsweek’s Andrew Sullivan, the more one has to conclude that he either knows absolutely nothing about the economy or he’s lying through his teeth. Appearing on CNN’s Anderson Cooper 360 Wednesday evening, Sullivan actually said tax “revenues currently are at 50 year lows” (video follows with transcribed highlights and commentary):

As NewsBusters reported Sunday, Newsweek's most recent cover astonishingly asked, "Why Are Obama's Critics So Dumb?" This critic of the President analyzed the contents of so-called conservative Andrew Sullivan's piece and has come to the conclusion that it is he and the unashamedly liberal magazine he writes for that are lacking in intellectual capacity and/or integrity. All one needs is…

The lack of current events knowledge demonstrated by today's anchors and political commentators is often breathtaking. On Sunday's Meet the Press, host David Gregory actually told Senate Majority Leader Harry Reid (D-Nev.), "Democrats haven't put together a budget in a year." Actually, it's been almost three years (video follows with transcript and commentary):