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Tag Archives: Deficits

Who wants to cut federal spending?

Once again, the Air Force has recommended retiring the A-10 (“Warthog”) support airplane, which would save us taxpayers $4 billion. That’s quite a chunk of change, and given that everyone keeps talking about how we need to cut spending and reduce the deficit, you would think it would be a slam dunk to kill an […]

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Better and Better

The Congressional Budget Office has issued an updated accounting report on the Affordable Care Act, and there is good news. We already know some of the good news — more people will be covered by Obamacare than expected. But I just want to remind people how significant that is — the whole point of health […]

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Health Education

© Jen Sorensen What is going to happen as people realize that all the lies they have been fed about Obamacare aren’t true? Indeed, the only complaints about the ACA that are actually true is that a single payer system would have been far simpler, easier to implement, and cost less. But of course the […]

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Welfare Reform

Nicholas Kristof has a must-read editorial in the NY Times. Kristof looks at the conservative mantra that government assistance reduces initiative, causes dependence, and increases the deficit — and agrees! He helpfully suggests five public welfare programs are wasteful and have turned us into a nation of “takers”. They should be eliminated as quickly as […]

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It is only Pork if it benefits someone else

Conservative Chief Justice of the Supreme Court John Roberts has issued a report that warns that the US court system is being damaged by the sequestration budget. According to Roberts, the cuts to the federal court system’s budget “pose a genuine threat to public safety”. So, Republicans will not let the government raise any new […]

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So much for budget restraint

Just a few days after the budget bill that included canceling emergency unemployment benefits but increased spending on the already bloated military, our government has added injury to insult by passing a new National Defense Authorization Act which unbelievably gives $30 billion more to the military than was was allocated just a few days ago. […]

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It depends on what you mean by “everything”

New York magazine reports on a story in the Wall Street Journal (which is unfortunately protected behind a pay-wall). Republican Congressman Doug Collins states that “Congress should do everything in its power to tackle deficits.” Except that deficits are, by definition, the difference between revenue and spending, so a reporter asks him whether Republicans should […]

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It isn’t Pork when I benefit

Sadly and predictably, the entire contingent of House Republicans from Colorado asked (practically begged) the federal government for emergency funding in the wake of massive flooding in Colorado, but they all voted against emergency relief for Superstorm Sandy victims on the East Coast just a few months ago. The same Republicans also signed a letter […]

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Negotiating with Terrorists?

House Republicans say “This is the line in the sand.” House Speaker John Boehner has given in to the radical fringe of his party who say they will shut down the government unless Democrats agree to repeal healthcare reform. So here is the choice they are demanding: If Obamacare is repealed, people will die. If […]

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All In The Family

© Barry Deutsch I’ve often commented about the idiocy of comparing the federal budget to a typical family budget. But I had to post this comic because of the last panel. Indeed, some politicians are proposing exactly that — to steal our elders’ Social Security insurance money. Who would ever suggest such a thing?

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Dialog

© Jack Ohman So what is the GOP doing? Repairing the economy? Reducing the deficit? Well, Actually No. Rand Paul introduces his “Life at Conception” act, which declares that life begins at conception, making abortion murder (so should that be punishable by the death penalty?). And failed VP candidate Paul Ryan introduces a budget that […]

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Both Sides of His Mouth

The Republicans seem to be spending more time trying to avoid blame for the sequester than on, you know, trying to actually passing a budget. They are mainly doing this by trying to claim that the sequester was Obama’s idea. However, Paul Ryan, the recent Republican candidate for vice president, has been strongly promoting the […]

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Can the Party of No Ever Say Yes?

Or are they just going to keep cutting off their noses to spite their faces? Ezra Klein sums up the current sequester situation well. Republicans have five goals/demands: Reduce the deficit. Cut entitlement spending. Protect or increase defense spending. Get rid of unnecessary deductions and loopholes in the tax code. Lower tax rates. Now, I […]

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Going Platinum

© Ruben Bolling I’m not totally sure if the originators of the idea of the US minting a trillion dollar coin were serious, but a former head of the US mint claims that the idea would work and would be totally legal. Then for an added twist of irony, Fox News once again shows that […]

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Battles in the Class War

Paul Krugman on the Fiscal Cliff deal: The centrist fantasy of a Grand Bargain on the budget never had a chance. Even if some kind of bargain had supposedly been reached, key players would soon have reneged on the deal — probably the next time a Republican occupied the White House. For the reality is […]

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