by Robert Borosage | Feb 14, 2011 | Blog
With the submission today of the President’s proposed budget for next year (FY 2012), Washington descends further into the furious debate about less. How much less will government do? The president pledges to freeze domestic spending for five years, reducing it to a...
by Bill Scher | Feb 13, 2011 | Blog
Call me crazy, but I'm pretty sure the American people didn't vote last November for fewer jobs, teachers and cops and more sickness, pollution and hunger. In fact, I'm sure the crazy one in this story is the House Republican caucus, which late Friday night proposed,...
by Dave Johnson | Feb 13, 2011 | Blog, Economy, Financial Reform
The new Congress was elected by promising things to voters, but now in office they are doing different things. It is as if they said what they needed to say to get votes, but had a plan to do something else all along. The big question on everyone's mind: where is the...
by Robert Borosage | Feb 13, 2011 | Blog, Economy
There were three of us on Warren Olney’s "To the Point" public radio program, one of the more enlightened shows on NPR. But the program, addressing the coming debate on spending cuts, quickly descended into Beltway babble. Stephen Moore, the gleeful right-wing...
by Sam Pizzigati | Feb 13, 2011 | Blog
It’s federal budget time, and they’re talking 1950s on Capitol Hill. Well, sometimes we can move forward by turning the political clock back. But we have to know exactly where to stop. Last week, in a speech at the U.S. Chamber of Commerce, President Obama pledged...
by Bill Scher | Feb 11, 2011 | Blog
Today, the House is expected to approve a Republican resolution that would effectively cut all federal government "non-security" spending by nearly 20%. Their political objective is contrast Republican budget slashing to the President's support of a "spending binge" –...