The deficit is now down 60 percent as a percent of gross domestic product. It is down more than the deficit hawks Alan Simpson and Erskine Bowles asked for. This rapid reduction is seriously hurting the economy and jobs, but demands for cuts continue. It is time for Congress and the President to “pivot” to [...]
Read Post
Simpson and Bowles, those two hired pitchmen for budget-cutting hysteria, are still hawking an economy-killing product called “austerity economics,” a product that’s designed to benefit their wealthy patrons at everybody else’s expense. This philosophy provides some (very thin) intellectual cover for the Republicans’ lunatic bloodbath of spending cuts. Of course, Simpson and Bowles and austerity’s other [...]
Read Post
The Senate Heath, Education, Labor and Pensions Committee will vote Thursday on President Obama’s nomination of Thomas Perez, currently head of the Justice Department’s Civil Rights Division, to head the Department of Labor. There are a majority of Democrats on this committee, so Republicans will not be able to obstruct this nomination from making it [...]
Read Post
Senate Republican obstruction of President Obama’s nominee for secretary of labor, Thomas Perez, got a strong rebuke from a coalition of Latino organizations that held a march and rally on Wednesday to call for an end to the filibuster threats to his nomination. “We are here to put forward our full support for Tom Perez [...]
Read Post
Yesterday I wrote about how obstructionist Republican tactics are hollowing out our government, hobbling its agencies, and diminishing its responsiveness to the needs and concerns of ordinary Americans. Nowhere is this more apparent than in our court system, where Republican obstructionism may have far-reaching, disastrous consequences for public policy. And, again, that’s just fine with [...]
Read Post
Yesterday, in response to recent IRS admissions, President Obama called the enhanced investigation of conservative groups seeking tax-exempt status “intolerable and inexcusable.” And, Attorney General Eric Holder announced a criminal investigation into the allegations against the IRS. But both of them are missing the point.
The scandal here is not that political groups were targeted by the IRS, it's the fact that political groups are being subsidized by John Q. Taxpayer. Groups that are politically motivated, and not really “social welfare” organizations, shouldn't receive preferential tax treatment in the first place – regardless of their political affiliation.
Read Post
Deficit projections have already by $200 billion for this year alone, so why do Republicans keep lunging for ever-more radical spending cuts like they were corn dogs at a barbecue? That’s more in deficit reduction than President Obama’s proposed cut to Social Security would “save” in ten. So why hasn’t he withdrawn the proposal? It [...]
Read Post
On Thursday, House Republicans have scheduled a vote on a bill to repeal the Affordable Care Act. Haven’t they already done that, you ask? Yes, they have, in one form or another, 36 times since it has been enacted. This week’s vote would make 37. It’s gotten to the point that today the director of [...]
Read Post
David does a nice job unpacking the dreadful Politico gossip item in his post below. But as a long time Village observer from afar, I thought I might add a little more context. The first observation is that apparently Sally Quinn has officially passed the baton to Vandehei and Allen. How do I know this? Well, take the first sentence.
Read Post
A continuing seriesRead the full seriesTell your member of Congress Washington remains focused on a “deficit problem” when there is no deficit problem. According to the Congressional Budget Office (CBO) the 2013 budget deficit will be down 60 percent as a share of gross domestic product from President Bush’s fiscal year 2009 deficit (from 10% [...]
Read Post