Alan Simpson Lashes Out At GOP 'Madness'
Former Sen. Alan Simpson (R-Wyo.) lashed out at members of his party on Sunday, slamming them for their unwillingness to compromise on proposed tax in...
Former Sen. Alan Simpson (R-Wyo.) lashed out at members of his party on Sunday, slamming them for their unwillingness to compromise on proposed tax in...
Dean Baker | Posted 05.14.2012
When we hear Erskine Bowles and his friends rant about the deficit this week, we should remember that once again they are distracting the public from the country's real problems. And this crew is at the center of those problems; it is not the solution.
The Huffington Post | Luke Johnson | Posted 05.04.2012
JP Morgan Chase CEO Jamie Dimon on Thursday backed the Simpson-Bowles proposal, which cuts entitlements, other spending and raises taxes to reduce the...
Posted 04.30.2012
Bloomberg View: Erskine Bowles, a true Southern gentleman and co-chairman of President Barack Obama’s erstwhile budget-deficit commission, came...
Richard (RJ) Eskow | Posted 03.29.2012
As soon as one pitch ends, another begins. So this ain't over, folks, because every good medicine-show pitchman knows: You gotta keep on offering the crowd that "grand bargain" until you wear 'em down and they buy it.
AP | ANDREW TAYLOR | Posted 03.29.2012
WASHINGTON — The House voted decisively late Wednesday to reject a bipartisan budget mixing tax increases with spending cuts to wring $4 trillio...
Dean Baker | Posted 05.05.2012
Parents often find it useful to tell their children about non-existent creatures to instill habits of good behavior. It seems that many political leaders are going the same route.
Charles Kolb | Posted 03.07.2012
Many observers question whether today's business leaders have a heart when it comes to their role in the country's growing income disparity. A more appropriate question might be to ask whether they have a head.
Bill George | Posted 01.22.2012
The fate of the fiscal stability of the United States was sealed on the weekend of December 4-5, 2010.
Daniel Marans | Posted 01.04.2012
A proposal to increase the Medicare eligibility age, which the Super Committee is considering, would drive up health care costs to the point where they would consume almost half of the Social Security check of a middle-class retiree.
Meredith Bagby | Posted 01.03.2012
Thus far, the Committee has been largely secretive about negotiations. What we do know comes from leaks and this week's first public hearings.
Richard (RJ) Eskow | Posted 11.13.2011
We're seeing the demonization of the victim everywhere. It's in the public hatred for underwater homeowners and now reaches to the highest halls of power in both parties, where we told that helping struggling homeowners would be "rewarding the undeseverving."
Merton Bernstein | Posted 11.06.2011
Senator Rubio's recent speech on Social Security was political fun and games. If we take it as serious analysis and policy prescription, millions of Americans and the economy would pay a terrible price.
Spencer Green | Posted 09.30.2011
"We're sorry to have to make this adjustment," said MPAA spokesperson Morton Isherwhile. "But, in recent months it has become clear that the United States' content is only appropriate for very limited audiences."
Richard (RJ) Eskow | Posted 08.22.2011
The inevitable result of austerity economics would be a plan to hand the next generation a nation with crumbling infrastructure, collapsing government services, and bleak economic prospects. It's an all-out assault on the future of the young.
James Sunshine | Posted 08.03.2011
Former Federal Reserve chairman Alan Greenspan is afraid, but not of unemployment, nor a stagnating economy. He's scared of the federal debt. "We a...
HuffingtonPost.com | Ryan Grim | Posted 07.06.2011
WASHINGTON -- Alan Simpson’s cold relationship with AARP is no secret, but the former Republican Senator from Wyoming took it to a new level Friday....
HuffingtonPost.com | Ryan Grim | Posted 07.03.2011
WASHINGTON -- Senate Democrats are furious at their lead budget negotiator for crafting a blueprint that they think moves the party too far to the rig...
Richard (RJ) Eskow | Posted 06.13.2011
The president's speech marked a brilliant return to what might be called his "holographic" style. Like a hologram, his speech was evocative and shimmered with light. But like a hologram, what you see depends on where you stand.
Lanny Davis | Posted 06.13.2011
Both American political parties must know that you cannot seriously reduce the debt and balance budgets without taking on Social Security, Medicare and other entitlements head-on, as does Simpson-Bowles.
Gary Shapiro | Posted 06.07.2011
Why do unions oppose repatriation, a proposal to allow a lower tax rate for a defined time period for U.S. companies seeking to bring money earned overseas back into the country, as a solution to stimulate the economy?
Richard (RJ) Eskow | Posted 05.25.2011
The American people aren't afraid of tough choices as part of the budget debate, but they know the difference between play-acting and the real thing. And they're still waiting for somebody to talk to them like one adult to another.
Richard (RJ) Eskow | Posted 05.25.2011
Every Orwellian campaign needs a compliant press, and the Social Security Slashers led by Pete Peterson have been particularly lucky (or effective) in this area.
Eric Laursen | Posted 05.25.2011
Ted Nugent, the "Motor City Madman" of '70s hard rock, has a plan to fix Social Security: eliminate it. And make workers under 45 pay to wind it up. With enemies like this, does Social Security even need friends?
Will Marshall | Posted 05.25.2011
President Obama's new budget is a highly tactical exercise in fiscal minimalism. But sooner rather than later, he'll have to step up and lead on entitlement reform.
Posted 05.27.2012