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Obama Tax Cuts

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...

Ryan Grim

Tax Cut Deal A Hidden Threat To Social Security

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

WASHINGTON - The tax cut deal that President Obama struck with congressional Republicans contains a provision that could ultimately be the undoing of ...

Obama's 'North Star' Not Enough by Itself

Jeffrey Feldman | Posted 05.25.2011 | Politics
Jeffrey Feldman

What lurks behind Obama's North Star rhetoric is his apparent conviction that only economic improvement, not political battles, are important for gaining back political ground for the Democratic Party.

Bush Tax Cuts Give To The Rich, Oppress The Poor

Sheldon C. Good | Posted 05.25.2011 | Religion
Sheldon C. Good

Our political leaders are considering tax breaks for the wealthiest Americans just as unemployment benefits begin to run out for nearly 2 million people. This is immoral.

Democratic Congressman: I 'May Or May Not' Support Obama's Reelection

The Huffington Post | Nick Wing | Posted 05.25.2011 | Politics

Rep. Michael Capuano (D-Mass.) expressed Tuesday what now seems to be widespread concern over the president's leadership and bargaining skills in the ...

Stewart: Obama's Tax Cut Deal Like Losing Weight With Bacon

Posted 05.25.2011 | Comedy

After much bickering back and forth over the Bush era tax cuts set to expire at the end of this year, President Obama announced this week that a deal ...

Democratic Congressman Asked About Obama Primary Challenge

The Huffington Post | Nick Wing | Posted 05.25.2011 | Politics

Rep. Joe Crowley (D-N.Y.) on Tuesday downplayed the significance that Obama's recent deal on the extension of Bush tax cuts would have on his party's ...

Arthur Delaney

House Dems Rip Obama's Tax Cut Deal

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

WASHINGTON -- House Democrats gathered in the Capitol Tuesday evening to debate the tax-cut deal President Barack Obama struck with Republicans, but a...

Dan Froomkin

Concession On Tax Cuts Sends Obama Fans To New Level Of Despair

HuffingtonPost.com | Dan Froomkin | Posted 05.25.2011 | Politics

WASHINGTON -- Despite his protestations at Tuesday's press conference that he had no choice, President Obama's concession to Republicans on extending ...

Ryan Grim

Senate GOP Leaders Not Releasing Hostages Despite Ransom

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011 | Politics

WASHINGTON -- Senate Republican leaders are not yet willing to release all of their legislative hostages, they said Tuesday, despite President Obama's...

Obama's Press Conference: Passion Misplaced

Leah McElrath | Posted 05.25.2011 | Politics
Leah McElrath

Anyone watching Obama's press conference yesterday had to be struck that he reserved his greatest energy for his attack on Democratic critics. This might be a misstep with more far-reaching repercussions than the compromise on tax-cuts.

Sam Stein

Obama Lashes Out At 'Hostage-Taking' Republicans, Sanctimonious Democrats

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

With Reporting From Ryan Grim WASHINGTON -- Taking the lectern in the James Brady briefing room for an impromptu news conference on Tuesday afternoon...

Little David Axelrods Oversimplify Tax Cut Politics

Brendan Nyhan | Posted 05.25.2011 | Politics
Brendan Nyhan

The president's position on the tax cuts tends to poll well in national surveys of adults. As a result, most liberals think Obama and the Democrats should have the advantage. However, the political reality is more complicated.

Howard Fineman

Obama Channels Reagan, and Risks Becoming Carter

HuffingtonPost.com | Howard Fineman | Posted 05.25.2011 | Politics

By staking his next two years on hundreds of billions of dollars of new or renewed tax cuts, Obama is alienating his own Democratic base in a way that could make him what Carter was: a one-term, ineffective "outsider" president. Back when he was a presidential candidate, Obama expressed surprising admiration for Reagan's game-changing, tax-cutting presidency. Maybe he's just been backed -- or backed himself -- into a Reaganite corner, but after the sweeping tax deal the president just made with Republicans, I'm wondering if he hadn't meant more than we thought at the time.

Obama and the GOP

Jeff Danziger | Posted 05.25.2011 | Politics
Jeff Danziger

2010-12-07-danziger.jpg

Tax 'Deal' Makes It Official: America Has Gone Batshit Crazy

David Sirota | Posted 05.25.2011 | Politics
David Sirota

A Democratic president who won on a promise to rescind the Bush tax cuts is now pushing to extend them. This, despite the fact that to stop them, all Democrats had to do was pass nothing.

Sam Stein

Dean, Ex-Obama Advisers Lament President's Tax-Cut Deal

HuffingtonPost.com | Sam Stein | Posted 05.25.2011 | Politics

WASHINGTON -- Obama's decision to craft a deal with Republicans on the Bush tax cuts may have been, as administration officials insist, the product of...

Arthur Delaney

White House Defends Lopsided Unemployment-For-Tax-Cuts Deal

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Politics

WASHINGTON -- The White House hatched a deal with congressional Republicans Monday to reauthorize rich people's tax cuts for two years in exchange for...

How GOP Dictated Terms Of Obama Tax Cut Compromise

AP/The Huffington Post | CHARLES BABINGTON | Posted 05.25.2011 | Politics

WASHINGTON — Republicans control neither the House nor the Senate – and certainly not the White House. But they largely dictated the terms of Pres...