Michael Tomasky on GOP Deficit Hypocrisy at Release of Obama’s Budget. After criticizing the new ‘Teen Titans’ cover, Janelle Asselin was name-called and threatened with rape. The worst part? No one is surprised. You’ve seen this scenario before, and you’ll see it again (until more of us do something). Woman writes about something traditionally regarded as a male-orientated industry or area of interest; if she’s conveying love, she’s doing it “for attention” (so what?) Or “fake” (whatever that means); if she criticizes, she’s insulting, whining, moaning, on her period; if she says anything at all, her argument or point is made invisible because her damn biology is getting in the way.
This latest incident involves Janelle Asselin, who was a DC Comics editor of something called “Batman,” a line editor at Newsrama, and so on. The “Incident” After Asselin thoroughly demolished the cover of the superhero series “Teen Titans,” she received quite… unfriendly responses to her critique. The Rise of Rape Threats We all knew this would happen. Budget showdown: Ryan vs. Obama vs. current policy. In the previous post, I compared the tax rates under President Obama’s 2013 budget and Mitt Romney’s budget promises. But how about President Obama’s 2013 budget and the budget proposed by Paul Ryan and the House GOP? Right now, revenues are 15.4 percent of GDP, and projected to rise, if current policies are simply extended, to 18.3 percent of GDP in 2022.
Obama’s budget envisions revenues rising to 20.1 percent of GDP by then. In the Congressional Budget Office’s score (pdf) of Ryan’s budget, they projected revenues rising to 18.5 percent of GDP over the same time period. Or let’s take debt. If current policies are extended, CBO projects public debt will rise to 94.2 percent of GDP by 2022. Spending, however, is a different story. There are a few caveats to this. For another, many of Ryan’s harshest cost controls don’t kick in till well after 2022. Note also that Ryan will be bringing out his 2013 budget in the coming weeks.
Five things you missed in Obama’s budget. Obama's Budget: Full of Tech and Science. President Obama released his proposed 2013 budget Monday, and it gives us a glimpse into the president's hefty tech and science wish list. This includes wireless broadband, science and tech education, protection from cyber attacks, intellectual property rights and technology in government. Follow along as Mashable digs up the details on the 2013 budget proposal. Overall Research & Development Obama's proposed budget calls for $140.8 billion in overall research and development projects, aiming that money towards areas "most likely to directly contribute to the creation of transformational technologies that can create the businesses and jobs of the future.
" The specifics? Investment in non-defense research will be increased by 5 percent from this year. $13.1 billion will be divided between the National Science Foundation, the Department of Energy's Office of Science and the National Institute of Standards and Technology. Wireless Broadband Intellectual Property Rights Cybersecurity Your Take.
Obama unveils $3.8 trillion budget - Feb. 13. President Obama's 2013 budget. NEW YORK (CNNMoney) -- President Obama unveiled a $3.8 trillion budget request Monday that hikes taxes on the rich, spends new money on infrastructure and education, but does little to reform the entitlement programs that pose the biggest long-term threat to the federal budget. "We built this budget around the idea that our country has always done best when everyone gets a fair shot, everyone does their fair share and everyone plays by the same rules," Obama said in his budget message. But the budget forecasts a deficit for fiscal year 2012 that will top $1.3 trillion, before falling in 2013 to $901 billion, or 5.5% of gross domestic product.
The deficit projections, which have hovered near $1 trillion for each year of the Obama presidency, mean that Obama will not satisfy his 2009 promise to halve the deficit by the end of his first term. That means many programs will see their funding cut. Military spending will be reduced. 'Dirty Harry' weighs in on deficit. Obama's Tough Budget Proposal. Photo by MANDEL NGAN/AFP/Getty Images.
As substantive public policy, the Fiscal Year 2013 budget proposal the White House will unveil today is a completely meaningless nonstarter. But as a move in the never-ending Washington chess game it counts for something. In particular, based on the previews that have been offered, the proposal seems like a major step backward for the administration's traditional strategy of entering negotiations with a low bid in the hopes that this will brand them as "reasonable. " The key point here is the way the proposal treats spending cuts that have already been agreed to by Congress and the administration.
To understand why this matters, we must return to the Great Debt Ceiling Charade of 2011. For somewhat obscure reasons, both the Obama administration and the congressional GOP leadership decided that the must-pass debt ceiling bill of 2011 was a good vehicle in which to undertake long-term budget reform. Obama's budget meant as challenge - David Rogers. He ran on hope, governed through despair and now, with his election-year budget, President Barack Obama is trying to light the old spark, fleshing out a political narrative for America that can inspire with its romance but also seem borderline delusional to his critics given the debt accumulated by Washington. An $8 billion community college job-training initiative, which Obama will address at a Virginia campus Monday morning, is part of the picture, together with major investments in roads, energy and manufacturing — all part of the president’s promise to construct an economy “built to last.”
Continue Reading President Obama's budget remarks But even as Obama is speaking, the budget rollout in Washington will show a fourth year of $1 trillion-plus deficits and a 2013 shortfall of $901 billion — nearly twice the share of GDP that Obama predicted four years ago. “It’s a complete political document,” Ryan told POLITICO later. Obama To Draw Contrast With GOP In Budget. In his 10 year budget, set to be released to the public late Monday morning, Obama will advocate a series of tax and spending policies that emphasize near-term economic growth, long term investments in education and research, an enduring social safety net, and over a trillion dollars in new revenue over 10 years taken from wealthy individuals and corporations, based on tax reforms that enshrine the so-called "Buffett rule.
" The document is intended to stand as a moderately progressive alternative to the infamous budget House Republicans adopted overwhelmingly last spring -- and are set to readopt with some tweaks later this year. That budget calls for reducing taxes on high-income Americans, and for filling the revenue hole by slashing or phasing out key support programs -- most notably Medicare. Neither the GOP budget nor Obama's counteroffer will -- or are even intended to -- become law. A similar story played out last year. House Republicans are already broadcasting their next move.