Taxes

CNN touted results from its newly-released poll Thursday showing Americans favor a balance of spending cuts and tax increases in the debt ceiling debate, as well as raising the debt ceiling. What the network completely failed to report -- although NewsBusters reported it -- was that Americans also favored two conservative positions – passage of a balanced budget amendment, along with spending…

CBS's John Blackstone apparently couldn't find many opponents of imposing sales taxes on online retailers for his report on Thursday's Early Show, as all but one of his sound bites came from proponents. Blackstone also warned that "states that are already suffering under huge budget deficits will lose more than $11 billion in uncollected sales taxes next year." The correspondent first…

MSNBC once again repeated the liberal line that returning to the higher pre-Bush tax rates is somehow not raising taxes. "If you just go back to normal tax standards, it's not a break of the [no tax hike] pledge that many of them signed" said Mika Brzezinski on Thursday's Morning Joe.

Although President Obama and the Democrats have stridently insisted that increased tax revenues be part of a debt ceiling deal, CNN is content to choose sides and paint only the conservative Republicans as stubborn extremists for opposing the revenue increases. Anchor Kyra Phillips asked Thursday morning if Republicans would listen to the warning of Sen. John McCain (R-Ariz.) to the House GOP…

Chief New York Times economics writer David Leonhardt celebrated the return of Obama the “fiscal conservative” in his Wednesday column, “Negotiating Election Headwinds.” Maybe it’s not the economy, stupid. White House officials have begun to entertain the idea that they can run for re-election without being able to point to a strengthening economy. For one thing, they may not have a choice…

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…

On Wednesday's NBC Today, chief White House correspondent Chuck Todd promoted the latest NBC News/Wall Street Journal poll, declaring that when it came to raising the nation's debt ceiling, "...it was a landslide as far as what the public preferred. 58% preferring the President's vision on that front versus 36% [for the Republican proposal]." Todd went on to conclude that "most of this poll…

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-…

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…

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…