Economy

It really is a "plan," and don't you forget it. Never mind, as the Washington Examiner's Conn Carroll inconveniently points out, that the document produced by the "Gang of Six" -- Republican Senators Coburn, Chambliss, and Crapo, along with Democratic Senators Conrad, Warner, and Durbin -- is all of five pages. If you take out the white space, it's about 3-1/2. Early this evening, the…

As NewsBusters previously reported, Chris Matthews on Wednesday lied about Ronald Reagan's position on taxes in a "Hardball" segment insinuating the late President would oppose the current Republican stance on the debt ceiling. When Salon editor Joan Walsh said Obama "is actually the Reagan figure here," former RNC chairman Michael Steele bust out laughing (video follows with transcript and…

At least five MSNBC anchors since Tuesday have promoted a cherry-picked House Democratic Caucus video that distorts President Ronald Reagan's position on the debt ceiling, inaccurately asserting that President Barack Obama is more in line with Reagan than the Republicans. If any of the anchors had played the entirety of Reagan's 1987 radio address, instead of giving free air time to the…

"Your World w/ Cavuto" guest host Stuart Varney interviewed NewsBusters senior editor Tim Graham today about the media bias against the conservative Cut, Cap and Balance plan and how the media have boosted the “Gang of Six” plan instead. Guest host Stuart Varney of Fox Business Network will conduct the interview. Video of the nearly 3-minute-long interview follows the page break:

Contessa Brewer doesn't have a law degree.  So perhaps the MSNBC host was unaware of the old cross-examination adage: never ask a question to which you don't know the answer. Arguing with Rep. Mo Brooks today over raising the debt ceiling, Brewer attempted to discredit the Tea Party Republican freshman Member of Congress from Alabama by asking "do you have a degree in economics?" "Yes, ma'…

Last night, nine Republicans and five Democrats broke with their parties on the Cut, Cap, and Balance Act, which would require a balanced budget amendment if the debt ceiling were to be raised. Two of the Republicans who voted against it were presidential hopefuls: Rep. Michele Bachmann (Minn.) and Rep. Ron Paul (Texas), both of whom believe the act doesn't goes far enough. Bachmann instead…

There is an overarching reason we can't move toward a balanced budget, which underscores why we face ongoing stalemates over debt ceilings and continuing resolutions: President Obama doesn't want to balance the budget. I don't say this out of extremism or to be gratuitously controversial or even provocative. It's just that his words and actions lead to the inescapable conclusion that he is…

In a USA Today email I received 20 minutes after Tuesday's closing bell, I was informed that the exceptionally good day occurred because the stock markets were "buoyed by strong earnings reports by IBM, Coke and others." A visit to the email's linked article also partially attributed the rise to "renewed hopes that U.S. lawmakers would be able to break their stalemate and strike a deficit-…

Tucker Carlson on Tuesday said, "Very few people have done more to divide the country than Chris Matthews." Such occurred on Fox's "Hannity" show as the Great American Panel discussed the "Hardball" host's deplorable interview with Congressman Joe Walsh (R-Ill.) earlier in the day (video follows with transcript and commentary):

As NewsBusters previously reported, Chris Matthews had quite a heated debate with Rep. Joe Walsh (R-Ill.) on Tuesday's "Hardball." Amidst a series of ridiculous questions asked of the Congressman, possibly the most absurd was, "If we have a crisis in August [as a result of not raising the debt ceiling], will you resign?" (video follows with transcript and commentary):

If MSNBC's goal is to give air time to the least-attached to reality of the left, then perhaps the network's doing the right thing by reportedly dallying with replacing Cenk Uygur with Al Sharpton. For in the 6 o'clock time slot this evening the Reverend Al actually asserted that Barack Obama sounds more like Ronald Reagan than Tea Party freshmen members of Congress.  I kid you not. Video…

Referencing the sweet reason of the New York Times's "conservative" David Brooks, CNN's Brooke Baldwin urged Sen. Orrin Hatch (R-Utah) to listen to the voice of compromise in the debt ceiling debate. Baldwin pleaded with Hatch that "there are folks out there – including conservatives – saying President Obama has already offered Republican [sic] the deal of their dreams," although Hatch later…

Republican Congressman Joe Walsh didn't put up with Chris Matthews' "bullying" on Tuesday, mocking the liberal MSNBC anchor for his effusive praise of Barack Obama. Over the host's frequent interruptions, the Illinois Representative taunted, "Hey, Chris, your President, who sends a tingle up your leg-" Walsh appeared to discuss the debt ceiling debate and what Republicans are willing to cut…

Reporters have repeatedly portrayed Barack Obama as a deficit hawk committed to "slashing" spending, as MRC Research Director Rich Noyes documented in April ahead of the president's much-anticipated budget speech. While the media touted Obama's budget blueprint, which contained puny cuts, as "deeply painful," CBO Director Doug Elmendorf told Congress the president's framework lacked…