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CR Deal: Just Kicking The Fiscal Cliff Down The Road?
Originally posted at Capital Gains and Games.
Let me start by stating for the record that, while it would have been extremely entertaining to have a government shutdown a month before the 2012 election, the deal for a six-month continuing resolution kind of/sort of announced yesterday by Senate Majority Leader Harry Reid (D-NV) and House Speaker John Boehner (R-OH) and blessed later in the day by the White House is a good thing for the economy, financial markets, investors, business, and the country as a whole.
It may not be good for the tea party, but I'm more that okay with that.
Having said that, there are several points that need to be raised.
House Votes Today: Dem Plan To Cut Middle Class Taxes vs. GOP Plan To Raise Them
Today the House is expected to vote on what to do about the expiring Bush tax cuts.
Progressive Breakfast
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security.
MORNING MESSAGE: Prosperity Economics v. Austerity Economics
Progressive Breakfast
Each morning, Bill Scher and Terrance Heath serve up what progressives need to effect change on the kitchen-table issues families face: jobs, health care, green energy, financial reform, affordable education and retirement security.
MORNING MESSAGE: Prosperity Economics v. Austerity Economics
Will Jobs Filibuster Be Reported As Emergency It Is?
If a filibuster happens in the forest and no one is told about it, did it really happen?
The GOP is said to be ready to filibuster the bill extending jobless benefits today. Will this be reported as the national emergency that it is? Will this be reported as a filibuster? Will this even be reported?
Filibuster Reform ... But
“But.” Everything you read about the filibuster talks about how important the filibuster is, allowing a minority to retain some power over abuse by a majority… and then it says, “But.”
For example, the Camden, N.J., Courier Post editorial today, "Alter filibuster rules in Senate," reads:
Wow! (Some) News Outlets Actually Tell Public About This Filibuster!
Republicans filibustered an appeals court nominee today. This is, of course, not surprising. What is surprising is that news outlets are telling the public!
Romney Endorses A Carbon Tax & Ending Oil Subsidies?
The key comment was made by Shawn McCoy, a spokesman for Romney’s Iowa campaign, who, while explaining how Romney is anti-renewable energy, told The Des Moines Register that the candidate would "allow the wind credit to expire, end the stimulus boondoggles*, and create a level playing field on whic
"Prosperity Economics" Instead Of Right-Wing Austerity Economics
With the elite conventional political wisdom so congealed around the idea that the federal government is broke, that our top priority must be to "cut the spending" without discussing the merits of the government spending we are told we must be eager to cut, and that we have to break the promises of economic security we have made to seniors and people who are struggling on the economic ladder, i
“Prosperity Economics” Provides Economic Blueprint for Long-Term Growth
The following media statement was released today in support of the new economic vision, "Prosperity Economics." The full report is available at ProsperityForAmerica.org.
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