While the "Chicken Little" Conservatives' shrieking alarms over Medicare's immediate solvency are overblown, the Federal government must address the added strain all of these new enrollees will place on this program.
When people in Washington use the word "bipartisan," they're usually talking about a backroom deal. Why don't progressives and tea partiers get together and show them some real bipartisanship?
No, I am not suggesting that the soon-to-be Republican Majority House Whip change parties. It is clear, however, that Dems desperately need someone to speak for them with Cantor's unabashed, in-your-face style.
Protecting the assets of the super rich seems to be the primary goal of the Senate Republicans and President Obama in this lame duck session of Congress.
Any weakening of Social Security (which could happen if a proposed payroll tax 'holiday' passes) would devastate communities of color who are heavily reliant on Social Security's retirement, disability, and survivor's benefits.
The women clash on why the tax-deal was a "capitulation," on longer-term deficits, on whether Wikileaks was about speech or security. But they applaud a tax overhaul push in 2011 and Edwards' courage with cancer.
Although much has gone wrong during this year's wrangling over state and federal budget deficits, 2010 may go down as the year that America finally shined a light into the dark budget corners where billions are spent on government subsidies.
Tea Party acolytes had among their core message two principles: First, Congress should move quickly to end out of control deficit spending. Second, Congress should stop lying to the American people. Well, so much for that election.
Hard choices are needed to restore our nation's fiscal health. But across-the-board pay and hiring freezes avoid tough strategic decisions. The real question is not what can we cut, but how can we best save money.
One common theme that runs through deficit proposals is the need to make substantial cuts in Pentagon spending. But there will be another obstacle before real savings can be reaped: pork barrel politics.
By: Zachary Kolodin, Roosevelt Campus Network As President Obama's Fiscal Responsibility Commission releases its recommendations, we'll continue to h...
While the Deficit Commission's report may be bold, it isn't bold enough. Eliminating waste won't do it. We need to cut what government does, not just what it spends trying to do it.
Under Clinton, we went from a $290 billion deficit in 1992 to a $239 billion surplus in 2000 while creating over 20 million private sector jobs. That's no coincidence; job creation and deficit reduction are inextricably linked.
Many of us have long advocated a green economy where jobs were generated in sectors like alternative energy and recycling. It was our hope that this economy could be both environmentally friendly and offer opportunities for rising living standards. Well, we've now got a green economy and there's plenty of recycling, but it's not exactly what most of us had in mind. In this new green economy, the Wall Street gang recycles their money -- it flows from taxpayers to Wall Street and then back to politicians who ensure that the flow continues and increases. Anyone got a problem with that?
On Friday, President Obama spent four hours in Afghanistan, assuring the troops that they're winning the war against the Taliban. Unfortunately, that wasn't his only disconnect from reality. In a week in which the latest unemployment numbers proved that hopes of a recovery are wishful thinking, in which Congress refused to extend emergency unemployment benefits for 2 million of the long-term unemployed, and in which nearly 27 million Americans are out of work or underemployed, the conversation in Washington is all about the deficit and extending tax cuts for the nation's wealthiest two percent. And the White House promoted and enabled this disconnect when, months ago, it set up a Deficit Commission instead of a Jobs Commission. Welcome to the fierce lack of urgency of maybe some day but not now.
With 9.8% of us jobless, Congress is debating tax cuts for the rich and cutting back on programs for the rest of us. Maybe we should move the Congress out of DC so they can see for themselves what is happening to America.