by Bill Scher | Jan 7, 2011 | Blog
Instead of the House Republicans breaking their own proposed "CutGo" rule to offset the cost of all spending increases, they have chosen to carve a multi-billion dollar loophole, specifically exempting the $143 billion 10-year cost of repealing health care reform. By...
by Bill Scher | Jan 7, 2011 | Blog
The House Republican leadership is scrambling to defend the obliteration of its own budget rules, as it prepares to pass repeal of health reform without offsetting the $143 billion 10-year cost, let alone the $1 trillion 20-year cost. Incoming House Majority Whip Eric...
by Bill Scher | Jan 7, 2011 | Blog
The Congressional Budget Office today released its preliminary analysis of the Republican health reform repeal bill, and the 10-year increase to the deficit is higher than previously assumed: $230 billion instead of $143 billion. That's because the 10-year window now...
by Terrance Heath | Jan 7, 2011 | Blog
"Though this nation has proudly thought of itself as an ethnic melting pot, in things racial we have always been and continue to be, in too many ways, essentially a nation of cowards." - Eric Holder, United States Attorney General Ed. Note: The second half...
by Robert Borosage | Jan 7, 2011 | Blog
Bill Daley is an experienced corporate lobbyist, a skilled strategist, and a smart operator. That’s presumably why he was hired. But it is bizarre to say that “few Americans can boast the breadth of experience that Bill brings to the job,” as the president did. Or to...
by Richard Eskow | Jan 7, 2011 | Blog, Financial Reform
Wall Street is widely despised by an American public that lives with the consequences of bank behavior every day. The President and the party were once widely trusted by the public to rein in the banks and save the economy, but that reputation's been tarnished by the...