iOS app Android app

Grand Bargain

The New Deal

Chris Weigant | Posted 01.28.2013 | Politics
Chris Weigant

There's going to be pain all around in whatever deal is struck. Most Americans are going to be directly impacted in one way or another by whatever bargain is made between President Obama and congressional Republicans.

Dilemma Threatens To Derail Ryan Ambitions

National Journal | Posted 11.25.2012 | Politics

Fresh from the campaign trail and mulling his options for the future, former vice presidential candidate Paul Ryan will play a pivotal role in negotia...

Two Thoughts on Navigating the "Fiscal Cliff"

Grover Norquist | Posted 01.21.2013 | Politics
Grover Norquist

First, we can and should demand that the negotiations between Congress and the White House be done in front of C-SPAN cameras. Second, once a "deal" is agreed to, it should be written down in legislative language and put online for every American to read.

A Grand Bargain?

Jerry Jasinowski | Posted 01.21.2013 | Politics
Jerry Jasinowski

This is all too complicated and controversial to be settled between now and the end of the year. I foresee a two-step process.

The Grand Bargain Needs to Be a Whole Lot Grander

Karen Hinton | Posted 01.20.2013 | Politics
Karen Hinton

The negotiations to avoid the so-called fiscal cliff have been described as a "grand bargain," but from where I sit it seems more like a big bust and a lot of lost opportunities.

The Reagan-O'Neill Myth of Bipartisan Social Security Reform

Daniel Marans | Posted 01.20.2013 | Politics
Daniel Marans

As far as 80s trends go, the resurgent popularity of Ronald Reagan and Tip O'Neill rivals that of skinny jeans and Members Only jackets. But were Reagan and O'Neill really as chummy as some people would have us believe?

A Grand Bargain or a Grand Uprising?

C. Robert Gibson | Posted 01.19.2013 | Politics
C. Robert Gibson

The only difference between Americans and Greeks right now is that the Greeks have turned their streets into war zones to protest the aforementioned injustices, while we're all watching the NFL.

The Grand Senior Swindle

Sarita Gupta | Posted 01.16.2013 | Politics
Sarita Gupta

America's seniors, who have worked so hard to build a strong economy and democracy in their lifetimes, need reliable and robust government in their golden years.

Open Letter to President Obama: Election Mandate to Govern for the Common Good of 99%, Not the Greed of 1%

Michele Swenson | Posted 01.15.2013 | Politics
Michele Swenson

The "Grand Bargain" promoted by Wall St. is in reality the "Great Betrayal" of the people who elected you. You, not Republicans, won a mandate to stand for people.

The Upcoming Mini-Deal on the "Fiscal Cliff"

Robert Reich | Posted 01.16.2013 | Politics
Robert Reich

The path of least resistance is for congressional Republicans and the president to agree to kick the can down the road -- keeping everything as it is (current spending, the Bush tax cut) until a date in the not-too-distant future -- say, March 15.

Dave Jamieson

Federal Workers At Fiscal Cliff: 'You've Got To Look Elsewhere' | Dave Jamieson | Posted 11.16.2012 | Politics

WASHINGTON -- Worried about further pay freezes and pension cuts, the unions representing federal and postal workers have a message for legislators se...

Zach Carter

Progressive Senators Pressure Obama Not To Cut Social Security | Zach Carter | Posted 11.16.2012 | Politics

WASHINGTON -- A group of progressive lawmakers led by Sen. Bernie Sanders (I-Vt.) on Thursday called for protecting Social Security and Medicare benef...

Ensuring That the 'Grand Bargain' Is Genuinely a Bargain

David Coates | Posted 01.15.2013 | Politics
David Coates

This is no time for a newly-reelected Democratic President to compromise with Republican politicians of a ultra-conservative hue, many of whom (including Mitch McConnell, again) have a personal political interest in continued economic stagnation through the Obama second term.

Arthur Delaney

Dem Leaders Have Muddled Message On Social Security | Arthur Delaney | Posted 11.14.2012 | Politics

WASHINGTON -- The Democratic leader of the U.S. Senate repeated Wednesday morning that he opposes including Social Security in budget negotiations to ...

The "Fiscal Cliff" Is a Hoax ... and a Mel Brooks Routine

Richard (RJ) Eskow | Posted 01.13.2013 | Politics
Richard (RJ) Eskow

Here's how the "fiscal cliff" scam's being played: Congressional Republicans are holding the guns to their own heads. Democrats are the town leaders, laying their weapons down. And the American media are the gullible townfolk, carefully writing about the "looming" threat to their sheriff.

The President's Opening Bid on a Grand Bargain (II): Put a Trigger Mechanism in the Legislation

Robert Reich | Posted 01.13.2013 | Politics
Robert Reich

The Congressional Budget Office and most independent economists say it will suck so much demand out of the economy that it will push us back into recession. That's the austerity trap of low growth, high unemployment, and falling government revenues Europe finds itself in. We don't want to go there.

Dan Froomkin

Cliff, Shmiff: Obama Urged Not To Panic | Dan Froomkin | Posted 11.14.2012 | Politics

WASHINGTON -- Republicans and deficit hawks are raising unnecessary alarm over the so-called "fiscal cliff" to pressure President Barack Obama into a ...

Zach Carter

Romney Economic Adviser Calls For Raising Taxes On The Rich | Zach Carter | Posted 11.14.2012 | Politics

Mitt Romney's former economic adviser Glenn Hubbard published an op-ed in the Financial Times Tuesday calling for higher tax rates on the wealthy and ...

Wall Street Uses Third Way to Lead Its Assault on Social Security

William K. Black | Posted 01.13.2013 | Business
William K. Black

The "left" is not divided on the need to oppose austerity and the Great Betrayal. Third Way is not left or center or even right. It is Wall Street on the Potomac.

The President's Opening Bid on a Grand Bargain: Aim High

Robert Reich | Posted 01.12.2013 | Politics
Robert Reich

Assuming the goal in the Grand Bargain is $4 trillion of deficit reduction over the next decade (that's the consensus of the Simpson-Bowles commission, the Congressional Budget Office, and most independent analysts), here's what the President should propose.

Time for the Real Barack Obama to Stand Up

Leighton Woodhouse | Posted 01.12.2013 | Politics
Leighton Woodhouse

One of the important things we may learn during the lame duck session as the White House hammers out a deal with Republicans on the fiscal slope is an answer to the vexing if tiresome question of what "really" motivates President Barack Obama's policies.

Will MSNBC Continue to Shill for the Great Betrayal?

William K. Black | Posted 01.12.2013 | Media
William K. Black

I watched two hours of MSNBC coverage of Obama's Grand Bargain without hearing a single journalist, commentator, or politician recognize the logical incoherence of his embrace of austerity premised on a claim that the austerity of the fiscal cliff was about to throw us into recession.

Why the Grand Bargain Is One-Sided and Totally Unfair

Cenk Uygur | Posted 01.12.2013 | Politics
Cenk Uygur

First of all, let's establish that no one in Washington actually cares about balancing the budget. If they did, they would love this so-called Fiscal Cliff. The Grand Bargain is a Grand Lie. Anyone who argues for it is either a fool or a charlatan.

Election Over: Time for Progressive Dems to Face the Truth

Jeff Faux | Posted 01.09.2013 | Politics
Jeff Faux

Whatever the demographic changes, if the Democratic Party produces another four years like the last four, it can kiss goodbye to the next election and probably several after that.

Monetary Reform Could Expand the 'Fiscal Cliff' Debate

Mike Sandler | Posted 01.09.2013 | Business
Mike Sandler

Two aspects of the current system of money creation cause unnecessary difficulties for the federal government's budget.