In the coming days and weeks we'll be hearing a lot of misinformation about the Trustees Report from the Social Security Administration. It's time to separate the myths from the realities:
Myth: "Social Security and Medicare have a cost problem."more »
President Obama's 2011 income tax documents showed on Friday that he paid a significantly higher rate than the significantly richer Mitt Romney, highlighting the titanic level of tax shirking committed by far too many 1 percenters.
President Obama paid 20.5 percent on earnings of $789,674. more »
So a corporate Democratic lobbyist named Hillary Rosen made a gaffe about Ann Romney's resumé. So what? The reality is that Moms of all ages have been wounded by an obsolete and misguided consensus among Washington elites - a consensus that is too often mislabeled as 'centrism.' more »
In 2010 the men's magazine Esquire enlisted Lawrence O'Donnell, along with a panel of Republicans and economically centrist Democrats, to duplicate the anti-Social Security efforts of the Simpson/Bowles Deficit Commission. more »
As a favor to struggling Americans, U.S. Rep. Paul Ryan, R-Wis., proposed a federal budget last week ravaging programs for the poor, elderly, disabled, young, veterans, jobless, students and other vulnerable people. Ryan did it, he said, because these programs, food stamps, health insurance, Pell grants, veteran’s hospitals and the like are demeaning.
By now most people have heard some of the worst things about the Republican budget proposal - commonly called the "Ryan plan" and unironically described by the GOP as "the Path to Prosperity": That it decimates programs for middle class and lower-income Americans while giving even greater tax breaks to the rich - more »
Can't stop, won't stop. House Minority Whip Steny Hoyer is determined to advance his own career at the expense of middle-class Americans - so much so that he's ignoring political common sense and the desires of most Americans, including most Republicans. more »
There's a new "Medicare" proposal - sorta. It's really the same old bait-and-switch we've seen a dozen times. Still, you gotta hand it to 'em: Republican Sens. Tom Coburn and Richard Burr have taken the usual right-wing think-tank-designed buzzwords, deceptive packaging, and sleights of hand, and have taken them to new heights.
It was the best of times, it was the worst of times. It was the year of protecting Social Security, and the year of cutting Social Security. It was the age of defending Medicare, and the age of ending Medicare. more »
In the iconic Christmas film, “It’s a Wonderful Life,” an angel offers the beleaguered main character, George Bailey, the stark choice between a hometown named for a cruel banker or one created by and for the middle class.
The banker’s town, Pottersville, is filled with bars, gambling dens and despair. more »
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