The Centrist Cop-Out. McCain erupts: Conservatives are lying to America - The Plum Line. Posted at 03:13 PM ET, 07/27/2011 Jul 27, 2011 07:13 PM EDT TheWashingtonPost So the debt limit debate has come to this: John McCain, who you may recall was the GOP’s 2008 standard bearer, is now openly accusing conservatives of actively misleading America with their completely unrealistic demands, which he labeled “deceiving” and “bizarro.”
In a seminal moment in this debate, here’s some video of McCain on the Senate floor today, unleashing an angry tirade at conservatives who are still holding out for a balanced budget amendment as part of any compromise on the debt ceiling. McCain accused them of “deceiving” America into believing such a thing can pass the Senate: Getting to Crazy. During Bush Presidency, Current GOP Leaders Voted 19 Times To Increase Debt Limit By $4 Trillion. By Travis Waldron on April 14, 2011 at 11:49 am "During Bush Presidency, Current GOP Leaders Voted 19 Times To Increase Debt Limit By $4 Trillion" After pushing the government to brink of shutdown last week, Republican Congressional leaders are now preparing to push America to the edge of default by refusing to increase the nation’s debt limit without first getting Democrats to concede to large spending cuts.
But while the four Republicans in Congressional leadership positions are attempting to hold the increase hostage now, they combined to vote for a debt limit increase 19 times during the presidency of George W. Bush. Losing the Future: House Republican Budget Cuts Would Strangle Innovation. SOURCE: AP/J.
Scott Applewhite On the day after his State of the Union address, President Barack Obama visits Manitowoc, WI, where he tours Orion Energy Systems, a company that makes high-efficiency lighting and renewable solar technology for businesses. The Republicans' proposed House “continuing resolution” (or spending bill) for the remainder of fiscal year 2011 would slash clean-tech and energy investments by nearly 30 percent. By Daniel J. Weiss and Kate Gordon | February 14, 2011 View specific program cuts in the House Republicans’ proposed spending bill (.xls) Rep. Weiner Calls Out Republicans For Hypocrisy On Medicare. Budget compromise will cut education and science research, but not defense - National Political Buzz. Ryanplan2010.pdf (application/pdf Object) From the Poor to the Rich. On Tuesday, Paul Ryan, the chair of the House Budget Committee, released a 2012 Republican budget proposal that eviscerates America’s safety net and support structure for the elderly, poor, and disabled to finance massive corporate subsidies and tax cuts for the wealthy.
Ryan’s budget would restructure the government as we know it, and is the most honest reflection of the Republican vision for America’s future: a country where the most disadvantaged are given little help or support, while the wealthiest laugh all the way to the bank. Ryan’s budget claims savings of $6 trillion over the next decade. Many of these savings are unspecified or based on faulty assumptions, but if we did assume reasonable claims, it’s important to keep in mind that the cuts finance enormous giveaways to wealthy Americans. The major cuts in Ryan’s budget come to Medicare and Medicaid. Medicaid will see even more draconian cuts. Ryan’s budget relies on some absurd economic assumptions. Ravi N. Reid blames possible shutdown on Tea Party's 'extreme social agenda' - Updated 2011-04-08 2:32 PM House Speaker John Boehner of Ohio emerges from his office on Capitol Hill in Washington on Friday to respond to criticism by Senate Majority Leader Harry Reid of Nevada on the budget impasse.
By J. Scott Applewhite, AP Update at 11:21 a.m. ET: Senate Majority Harry Reid, speaking on the Senate floor, said an agreement had been reached on spending cuts, but that the issue of women's health, a reference to the dispute over funding Planned Parenthood, was the sticking point. Reid said "now the Tea Party among others, they are the biggest push, is trying to push its extreme social agenda, issues that have nothing to do with funding the bill. " More from our colleagues at On Politics and The Oval. Earlier post: Only hours before a possible government shutdown, House Speaker John Boehner indicated no agreement had been reached, saying that Senate Democrats should do "the responsible thing" and pass the House budget bill. See photos of: Harry Reid, John Boehner.
We Don't Need to Shut Down the Government: Tax the Wealthy and Deadbeat Corporations to Close Budget Gaps. April 7, 2011 | Like this article?
Join our email list: Stay up to date with the latest headlines via email. Before any government shutdown–or drastic state and federal budget cuts –we should reverse huge tax cuts for the wealthy and deadbeat corporations. When you hear politicians lament that “we’re broke,” consider this fact: If corporations and households with $1 million income paid at the same levels they did in 1961, the Treasury would collect an additional $716 billion a year – or $7 trillion over a decade. Our communities are facing mammoth state and federal budget cuts because Congress has, in large part, failed to sufficiently tax America's millionaires and billionaires or prevent aggressive tax avoidance by multinational companies.
There are two primary explanations behind our current budget “squeeze.” Second, we’ve dramatically reduced taxes on the super-rich and global corporations. That’s how a profitable company like General Electric aggressively avoids taxes.