iOS app Android app

Alan Simpson

Social Security Cuts Are Part Of Deficit Plan

AP | ANDREW TAYLOR and TOM RAUM | Posted 05.25.2011 | Politics

WASHINGTON — A painful package of spending cuts and tax increases drew sharp challenges from both the left and right on President Barack Obama's...

Time to Save the Democrats From Themselves -- and All of Us From Deficit Extremism

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Erskine Bowles and Alan Simpson are pushing ideas well outside the norm of mainstream politics for the last 75 years. They want to cut Social Security to decrease the deficit -- a move that's even opposed by most Tea Partiers.

Lucia Graves

Erskine Bowles: Debt Plan 'Will Not Be Some Watered-Down Version Of The 'Chairman's Mark'' | Lucia Graves | Posted 05.25.2011 | Politics

WASHINGTON -- Members of President Obama's deficit commission will vote Friday on a proposal to slash federal spending and rein in the country's debt....

Beware the Fine Print in the Obama Deficit Commission Report

Winslow T. Wheeler | Posted 05.25.2011 | Politics
Winslow T. Wheeler

Reading deficit reduction plans can be tricky. They must be read carefully and completely; it is easy to hide wolves and sheep in the skin of the other by using a few of the devices budget wonks have in their gimmick collections.

Jobs First -- Any Other 'Deficit Plan' Sells America Short

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

The deficit commission is releasing its report today, and its recommendations will be very different from those of the self-described "bipartisan" plans now dominating Washington conversations.

Real Tax Reform: Use It or Lose It

Terry Curtis Fox | Posted 05.25.2011 | Politics
Terry Curtis Fox

Let's tax corporations and extremely wealthy individuals based on whether or not they are putting their capital to productive use.

Deficit Commission Member Rep. Jan Schakowsky Offers a Better Plan

Pearl Korn | Posted 05.25.2011 | Politics
Pearl Korn

The president claims to want credible ideas. He must take a look at the Schakowsky deficit reduction plan alongside the Commission's and decide which one will benefit and speak for middle class America.

Backbone, Please

Robert Kuttner | Posted 05.25.2011 | Politics
Robert Kuttner

The media are infatuated with the idea that excessive partisanship is symmetrical ('If only the Republicans and the Democrats would meet each other halfway, the nation's ills would be solved'). There are two problems with this formulation. Firstly, the Republicans and Democrats aren't playing the same game.

Stupid Politics From a Smart Administration

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

The Democratic Party lost its spine the moment it decided to cash in on corporate political money. If we don't reverse Citizens United and get the money out of our political system, progressive causes don't stand a chance.

Why Hyper-Partisans Have no Credibility on Deficit Reduction

Alex Becker | Posted 05.25.2011 | Politics
Alex Becker

While they differ ideologically, extreme conservatives and extreme liberals share the same basic philosophy about the nature of fiscal policy. It is framed as a false choice between two extremes.

Piggy Bank Morality: Maya MacGuineas and David Brooks

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Social Security doesn't contribute to the deficit. But it can help decrease it, provided you have no moral qualms about raiding a Trust Fund created for people's retirement

The Shock Doctrine Push to Gut Social Security and Middle Class

Dave Johnson | Posted 05.25.2011 | Politics
Dave Johnson

A recent Greenberg Quinlan Rosner Research report showed that an overwhelming 69% of voters agreed that "politicians should keep their hands off Social Security and Medicare" when they address the deficit.

Lucia Graves

Liberal Leaders Meet To Launch Progressive Alternative To Debt Commission's Draft Report | Lucia Graves | Posted 05.25.2011 | Politics

WASHINGTON -- Sen. Bernie Sanders (I-Vt.) met with labor unions, seniors organizations, and liberal members of Congress Thursday afternoon to develop ...

Dan Froomkin

Alan Simpson, Fiscal Commission Co-Chairman, Eager For A Fight | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- Alan Simpson, the notoriously loud-mouthed co-chair of President Obama's fiscal commission, delightedly predicted on Friday morning that...

Sam Stein

Alan Simpson: 'Grover Norquist Will Be Irrelevant In A Year' | Sam Stein | Posted 05.25.2011 | Politics

WASHINGTON -- Say what you will about the actual policy proposals put forth by the chairs of the president's fiscal commission -- both former Senator ...

Lucia Graves

Social Security Advocates Slam Obama's Cautious Response To Debt Commission Co-Chairs' Proposal | Lucia Graves | Posted 05.25.2011 | Politics

WASHINGTON -- President Obama's cautious response to the fiscal commission co-chairs' proposal was "quite frankly, a disappointment," according to Ter...

Obama Wooing "Economic Royalists"

Norman Solomon | Posted 05.25.2011 | Politics
Norman Solomon

The last thing we need is further acquiescence to the economic royalists. What we need is exactly the opposite: leadership to push back against the Republican Party's right-wing ideologues and the forces they represent.

D-Day in the Class War

Joseph A. Palermo | Posted 05.25.2011 | Politics
Joseph A. Palermo

Both "bipartisan" bodies claim that "tough decisions" must be made. Yet their policies are only really tough if you happen to belong to America's struggling working middle class.

Lucia Graves

Rep. Schakowsky, Debt Commission Member, Introduces Proposal That Doesn't Raise Taxes On Middle Class | Lucia Graves | Posted 05.25.2011 | Politics

WASHINGTON -- After rejecting the deficit-reduction recommendations offered by the chairmen of President Obama's debt commission last week, Rep. Jan S...

We Don't Need Your Help "Saving" Social Security

Monique Morrissey | Posted 05.25.2011 | Business
Monique Morrissey

"No more benefit cuts" is actually a middle-ground position, since benefits were already cut back in the last Social Security overhaul in 1983. Under normal circumstances, Democrats should be seeking to reverse the 1983 cuts, not add to them.

The Six Percenters

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

Only 6 percent of Americans think Congress should concentrate on reducing the deficit. 56 percent want it to focus on creating jobs. Guess which set of policies is the center of attention in Washington right now?

Commerce Department & SBA Merger Could Cost Small Business Billions

Lloyd Chapman | Posted 05.25.2011 | Business
Lloyd Chapman

On November 10, the Obama Administration's National Commission on Fiscal Responsibility and Reform shocked the small business community with the preli...

Aqua Buddha, the Number 21 and the Deficit Commission

Dean Baker | Posted 05.25.2011 | Business
Dean Baker

On Alan Simpson and Erskine Bowles' to-do list was a cap of government spending at 21 percent of GDP. One can only assume 21 bears some religious significance for them because it makes no sense to have this rule on policy grounds.

Hey, We're Gonna Balance the Budget! But Seriously, Folks ...

Richard (RJ) Eskow | Posted 05.25.2011 | Politics
Richard (RJ) Eskow

So-called "deficit hawks" like Kent Conrad, Erskine Bowles, and Alan Simpson aren't just unserious. They're radicals. Their positions are an extreme departure from the philosophy of government that's guided American policy for a century.

A Tale of Two Planets

Jacob S. Hacker and Paul Pierson | Posted 05.25.2011 | Politics
Jacob S. Hacker and Paul Pierson

The distance between Planet Washington and Planet Earth has never been greater. On Planet Washington, the Wall Street casino that got us into this mess is open for business while Main Street is shuttered.