Spending

Cutting Tax Break For Wealthy Would Fund Long-Term Jobless Benefits
Limiting one tax break for the rich would more than pay for extending unemployment benefits for 1.3 million long-term jobless Americans. Read more...
Tea Party Has It Backwards On Falling Federal Deficits
Basic math continues to pose an insurmountable challenge for the Tea Party faithful. Read more...
5 Charts Show The U.S. Has No Debt Crisis
Back in March, House Speaker John Boehner admitted, "We have no immediate debt crisis." These five charts show why he's right. Read more...
Deficits Are Rapidly Shrinking, Spending Is Flat Under Obama
Simply put, there is no crisis to justify the additional spending cuts Republicans are now trying to extort. As it turns out, federal spending has hardly budged and deficits have plummeted since Barack Obama first took the oath of office in January 2009. Read more...
Boehner Admits U.S. Has No Immediate Debt Crisis
House Speaker John Boehner in March admitted that "we have no immediate debt crisis." Now he's claiming otherwise. Read more...

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Speaker Boehner, Go F@*k Yourself
In December, House Speaker John Boehner told Senate Majority Leader Harry Reid to "go f@*k yourself." It's long past time for Speaker Boehner to look in the mirror and say the same thing. Here's why... Read more...
House Speaker John Boehner is peddling a new deception. Pretending to ignore inflation, population growth and the expansion of the American economy, Boehner is now claiming federal tax revenue is at a record high. Read more...
When it comes to the unprecedented Republican debt ceiling hostage-taking that precipitated Washington's "cliffhanger," PBS Frontline missed the forest for the trees altogether. Read more...
President Obama made a statement this afternoon calling on Congress to pass temporary measures to stave off impending deep budget cuts, aka the "sequester." His request was preceded by a reminder that he has submitted ideas for how to responsibly Read more...
Nobel Prize-winning economist and New York Times columnist Paul Krugman argues that saving money is not the path to economic recovery. Instead, he tells Bill, we should put aside our excessive focus on the deficit, try to overcome political recalcitrance, and spend money to put America back to work. Krugman offers specific solutions to not only end what he calls a “vast, unnecessary catastrophe,” but to do it more quickly than some imagine possible. His latest book, End This Depression Now!, is both a warning of the fiscal perils ahead and a prescription to safely avoid them. Read more...