The only way that Senator Toomey's plan could avoid raising taxes on people with incomes below $200,000 would be if he designed it in such a way that it lost significant revenue overall and, thus, added significantly to the deficit.
Senators Claire McCaskill (D-MO) and Patrick Toomey (R-PA) announced they will introduce a bill that would ban earmarks by law. This is just another example of congresspersons doing something for publicity's sake and not to promote good government.
A super committee agreement that locked in unaffordably low tax rates and made it more difficult to raise additional revenues in the future would set back the cause of deficit reduction.
With less than two weeks to go before its November 23 deadline for $1.2 trillion in deficit cuts, the twelve members of the bipartisan "Super Committee" have agreed to freeze time on November 22, so November 23 never happens.
"I'm sure the Super Committee will arrive at some explanation for utter failure that is ludicrous enough to be acceptable to all Americans."
What would be the value of holding U.S. government obligations with Toomey playing Russian roulette with the economy? His proposal is not only mean-spirited, it is also unworkable.
by Sarah Laskow, Media Consortium blogger A chill is coming to Washington. A wave of climate change deniers were elected to office this week, and co...
It's been easy for the Republicans to spend the last two years demonizing and obstructing the president. Well now the GOP has a share of the power, and they can no longer just sit back and throw rocks.
A three or four point swing or pollster miscalculation in either direction moves projected results from continued Democratic control of the House to an 80-seat Republican victory that it could take decades for Democrats to overcome.
There are a number of reasons why Republicans will win next Tuesday, likely taking back the House (if not the Senate) and doing very well at the state...
The economic meltdown that short-sighted "free market" policies brought upon us has now given the rich and powerful the opening to push their advantage more aggressively than ever.
The Inquisitions were infamous for their intolerance and hostility to science. Six centuries later, we still have wannabe inquisitors among us, and they are growing their ranks through the support of like-minded candidates.
A Walmart employee sent me a link to a website called "Walmart Community Votes," which allegedly exists to help inform employees about political candi...
If Pat Toomey is elected to the United States Senate, he will no doubt do everything in his power to ensure that the "terror gap" endures, as well as working to weaken the few federal gun laws on the books.
TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S RADIO REPORT: Is Be...