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Obama Tax Cuts

WATCH: Obama Says Tax Cut Deal Imperfect, But Still Worth It

Posted 05.25.2011 | Politics

Darlene Superville, Associated Press WASHINGTON - President Barack Obama calls his tax-cut agreement with Republicans far from perfect but a good d...

God Bless Bernie Sanders

Jacob Heilbrunn | Posted 05.25.2011 | Politics
Jacob Heilbrunn

Sometimes it's worth taking a stand. Sanders didn't just do that. In pointing to the gross disparities in wealth in the United States, he did something else. He told the truth. The contrast with President Obama could hardly have been starker.

President NAFTA Backs President SHAFTA

Jeff Cohen | Posted 05.25.2011 | Politics
Jeff Cohen

Following a long period of White House lecturing and name-calling aimed at the activists who put him in the Oval Office, Obama has again shafted his base and broken a promise.

Ryan Grim

Obama-Republican Deal Could Mean Tax Hike For One In Three Workers

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

WASHINGTON - The tax deal reached between President Obama and congressional Republicans could mean a higher tax bill for roughly one in three workers ...

Democrats Need to Back Obama

Mark Penn | Posted 05.25.2011 | Politics
Mark Penn

Democrats in Congress, by their actions, are labeling themselves the "pro-spending" and "pro-tax party" and distancing themselves from the president in all the wrong ways. He is not triangulating -- they are doing it for him.

You Gotta Know When to Hold 'Em and Know When to Fold 'Em -- Obama Doesn't

Miles Mogulescu | Posted 05.25.2011 | Politics
Miles Mogulescu

Since the midterm election, Obama has displayed his worst characteristics as a poker-player and negotiator, telegraphing his bottom line to the opposition and folding his hand long before the final cards are dealt.

Obama Tax Cut Deal Projected To Cost More Than Stimulus

AP/The Huffington Post | STEPHEN OHLEMACHER | Posted 05.25.2011 | Politics

WASHINGTON — President Barack Obama is predicting congressional approval of the tax-cutting compromise he has reached with Republican leaders, b...

The Effort to Claim That Economists Support Obama's Capitulation on Tax Cuts for the Wealthy

William K. Black | Posted 05.25.2011 | Business
William K. Black

You know the Obama administration is desperate when it creates a web page citing economists who support its capitulation on taxes. And what do you know, these economists are all "wealth managers" or from major banks.

Howard Fineman On The Tax-Cut Revolt Among House Dems (VIDEO)

Huff TV | Posted 05.25.2011 | Politics
Huff TV

HuffPost's Howard Fineman appeared on MSNBC's "Countdown" Thursday night to discuss the revolt among House Democrats against the White House over Pres...

The Untold Story of the Tax Deal

Carl Pope | Posted 05.25.2011 | Politics
Carl Pope

Senate Democrats actually had the votes they needed to pass unemployment extenders and middle-class tax cuts -- if they had used the Senate rules as if they wanted to win.

America's Hostage Crisis: Day 3,500 -- And Counting

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

When President Obama said this week that he was forced to negotiate with hostage-takers, it seemed as if this bitter tax fight had just emerged. In reality, the hostage takers laid their "trap" a decade ago.

Dan Froomkin

Obama's Huge Would-Be Gift To The Scions Of The Super-Rich

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- Millionaires and billionaires would reap big rewards if President Obama's tax cut deal becomes law, but thanks to the agreement's estate...

Obama Cites Bailed-Out Bank Donor as Reason to Back Bush Tax Cuts

David Sirota | Posted 05.25.2011 | Politics
David Sirota

I just received a press release from the White House citing a pro-tax cut memo from Morgan Stanley as reason for Congress to pass the Bush tax cuts. Let's step back and chronicle just how audacious this really is.

Amanda Terkel

Pelosi Won't Hold Vote On Obama-GOP Tax Deal

HuffingtonPost.com | Amanda Terkel | Posted 05.25.2011 | Politics

WASHINGTON -- House Speaker Nancy Pelosi (D-Calif.) is unlikely to bring up President Obama's tax cut deal to the floor for a vote in its current form...

Progressives and Liberal Democrats Blowing Hot Air Obama's on Tax Cut Deal

Earl Ofari Hutchinson | Posted 05.25.2011 | Politics
Earl Ofari Hutchinson

It's odious to give money to those who don't need it, will hoard it, and not create one job, or save one foreclosed home, or help sustain one small business.

Sam Stein

House Democrats Reject Obama Tax Cut Deal

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

Ryan Grim and Arthur Delaney contributed to this report. WASHINGTON -- In a meeting on Thursday morning, the House Democratic caucus rejected the pre...

Merry Xmas Paris Hilton... and Your Little Dog Too...

Karen Dolan | Posted 05.25.2011 | Politics
Karen Dolan

We want you to be the President for the 98% of us who need you. That's what we want you to do. "Isn't it wonderful to be in a city of misplaced prior...

Sam Stein

Liberal Group Uses Obama's Words Against Him In New Ad

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

WASHINGTON -- Even as it gets members of its party in line on the Hill, the Obama White House continues to take veritable punches from some of its mos...

Why the Obama Tax Deal Confirms the Republican Worldview

Robert Reich | Posted 05.25.2011 | Politics
Robert Reich

Obama's new tax compromise is not only bad economics; it's also disastrous from the standpoint of educating the public about what has happened to this country over the past three decades and what needs to happen in the future.

Obama Agrees to Extend Republicans' Custody of His Balls

Andy Borowitz | Posted 05.25.2011 | Comedy
Andy Borowitz

Mr. Obama said that extending Republican custody of his balls through 2012 "was like the Holy Grail for them, but I'm keeping my eyes on the North Star," adding, "I have no idea what any of that means."

Leverage

Rep. Earl Blumenauer | Posted 05.25.2011 | Politics
Rep. Earl Blumenauer

By refusing to stare down Republicans on issues that are supported by the American people like assistance for the unemployed and not extending tax cuts for the most well off, the president is losing his leverage.

Method in the Madness

Eric London | Posted 05.25.2011 | Politics
Eric London

The White House has made the clear-eyed calculation that the unemployed don't care a hill of beans about philosophical fights inside the Beltway. They care about results.

Barney Frank: I Won't Vote For Tax Cut Deal

The Huffington Post | Nick Wing | Posted 05.25.2011 | Politics

Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, announced Wednesday that he would vote against the White House's rece...

Dan Froomkin

While Whacking Critics, Obama Gets Facts Wrong

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- While arguing at Tuesday's press conference that his progressive critics are being sanctimonious and overly pure, President Obama flatly...

Arthur Delaney

Unemployment Extension Possible Without A Deal On Tax Cuts?

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

WASHINGTON -- Iowa Republican Sen. Chuck Grassley said Wednesday morning that even without a deal on tax cuts for the rich, the Senate would have appr...