by Robert Borosage | Jul 15, 2011 | Blog
Conservatives say they are prepared to blow up the economy by not lifting the debt limit if that is what it takes to avoid raising taxes on the rich – even to avoid closing loopholes that have hedge fund billionaires paying a lower tax rate than their chauffeurs. Tax...
by Robert Borosage | Jul 14, 2011 | Blog
“.. Washington doesn’t have a revenue problem, it has a spending problem,” says House Majority Leader Eric Cantor (R-Va.). All Republican legislators have been taught to chant this tired Republican “talking point” as if it were the Hare Krishna mantra. To borrow one...
by Robert Borosage | Jul 13, 2011 | Blog
Conservative Republicans hold as an article of faith that cutting government spending creates jobs, even in the midst of a recession. House Majority Leader Eric Cantor, the conservative zealot who has personally blown up the debt ceiling talks twice over the mere hint...
by Robert Borosage | Jul 6, 2011 | Blog
Republicans won't take "Yes" for an answer in the debt ceiling negotiations. As conservative columnist David Brooks writes in the New York Times, this should be the "mother of all no brainers." Republicans have achieved everything they might have imagined at the...
by Robert Borosage | Jul 1, 2011 | Blog
We now have sorry news of the foul deal that the White House is pushing in the debt ceiling talks. About $1.5 trillion in spending cuts -- including $200-300 billion from Medicare and Medicaid -- in exchange for $130 billion in loophole closings -- corporate jets,...