Economy

Friday afternoon, the White House quietly released its annual report to Congress on White House staff salaries. Among the employees is the infamous director of progressive media and online response, Jesse Lee, who is paid $72,500 a year to provide White House sanctioned responses to any negative press it receives. The position, which was previously part of the privately-funded DNC's rapid…

In another effort to engage the online community once bubbling with support for President Barack Obama, Obama will participate in a Twitter town hall today at 2 pm EDT to answer questions on jobs and the economy posed by Twitter users with the hashtag #askobama. The questions Obama answers will be handpicked by Twitter staffers and pre-selected Twitter users, who will be tracking the…

On Friday, at its Political Hotsheet, Corbett B. Daly at CBS News, who joined the network in late May after leaving Reuters, appeared to virtually celebrate what he believes was the latest of Mitt Romney's flip-flops. Though it's clear that Mr. Romney has flip-flopped in the past on a number of matters, it's hard to see how Daly or any of the other flip-flop scorekeepers has a case -- at…

If you believe every word uttered by hysterical news anchors and political commentators lately, you would think the world ends August 2nd if the debt ceiling isn't raised. Not only isn't this true, it's another indication of the press's total ignorance about our nation's budget and/or their willingness to lie to the American people in order to get taxes raised. Let's start our truth dig by…

With the deadline for raising the debt ceiling looming less than a month away, there are mixed feelings about raising the debt ceiling among debt-conscious politicians who are hesitant to give more spending power to the government. The Treasury Department has given August 2 as the estimated date on which the U.S. will no longer be able to meet fiscal obligations if the debt ceiling is not…

There are times when the idiocy oozing from the mouths of America's television commentators sickens me. Consider Fareed Zakaria, who after telling NPR Friday, "CNN is getting smarter," actually said on the program bearing his name two days later that allowing the Bush tax cuts to expire "would provide the federal government with $3.9 trillion in revenues over the next decade and basically…

As he normally does on "Inside Washington," PBS's Mark Shields Friday was waxing moronic about Republican plans to balance the budget. Not pleased by the fictional account on display, syndicated columnist Charles Krauthammer challenged his fellow panelist saying, "Democrats have not even produced a budget for 2012. What’s their budget?" (video follows with transcript and commentary):

As NewsBusters previously noted, ABC's "This Week" began its Independence Day weekend program disparaging the Founding Fathers as guys who didn't let women vote and allowed slavery. What followed was a Roundtable discussion about the Constitution which got quite interesting when the host brought up ObamaCare and George Will marvelously asked the group, "Does Congress have the constitutional…

Weekend coverage emanating from Minnesota via Reuters and the Associated Press is doing its level best to run interference for Democratic Governor Mark Dayton, who has chosen to shut down the government rather than sign a budget which does not include tax increases.

On Thursday's CBS Evening News and Friday's Early Show, CBS glossed over President Obama's aim to break a campaign promise with a proposal to raise taxes on people who make less than $250,000 a year. Both Chip Reid and Bill Plante noted that "the White House is also insisting on...a limit on deductions for people...making more than $200,000 a year," but didn't reference the Democrat's 2008 tax…

Conservative Congressman Joe Walsh of Illinois twice called out the media for protecting President Obama on Thursday night's In the Arena, and told host Eliot Spitzer to his face that "you're doing a much better job of making [Obama's] case than he did." Before the interview began, CNN excoriated the verbal war on Capitol Hill that ensued after Obama's criticism of Republicans in his press…

On Thursday's NBC Nightly News, anchor Brian Williams praised China's high-speed rail system and lamented that United States had not done the same: "China is rocketing ahead of the U.S. with high-speed rail. And it has a lot of people wondering how long we can keep chugging along the same old track." Touting the completion of a new rail line between Beijing and Shanghai, Williams proclaimed…

On the July 1 edition of "Martin Bashir," the MSNBC anchor after which the show is named made a statement that reveals a great deal about his worldview. [Video after break]

With a month to go before the next supposedly "drop dead date" regarding the nation's debt ceiling, liberal media members are out in force with hysterical claims about the world ending if Congress isn't free to spend more money it doesn't have. Ever the faithful shill, New York Times columnist Paul Krugman did his part Friday cautioning that any spending cuts at this time "would destroy…