John Holbo explains how to sniff out a deficit fraud: Via the Corner, a spot of TV talking head with Eric Cantor. “Everything is on the table,” he said. “As Republicans, we’re not going to go for tax increases. I think the administration gets that. But we’ve also put everything on the table as far [...]
Reagan Staffer: Toomey Amendment "Looks Like It Was Drafted By a Couple of Interns on the Back of a Napkin"
Former Reagan policy analyst Bruce Bartlett weighs in on Pat Toomey’s “balanced budget amendment”: In short, this is quite possibly the stupidest constitutional amendment I think I have ever seen. It looks like it was drafted by a couple of interns on the back of a napkin. Every senator cosponsoring this POS should be ashamed [...]
This must be some of that brave hucksterism hawkery on the deficit that so impressed the Express Times editorial board: Some Republican Senate candidates have suggested that extending the Bush tax cuts — which are scheduled to expire at the end of the year — will actually be good for the country’s bottom line, as [...]
It has been clear since the Reagan administration that conservatives don’t actually care about the deficit. They only care about protecting rich people from paying their fair share of taxes, which are now at record lows. That is why they passed the $640 billion Bush tax cuts for the rich without offsetting them. Predictably, they [...]
I’ve already established in this space that Charlie Dent is not serious at all about the deficit. He offers only gimmicks that sound plausible to the uninformed, but in no way approach the scale of the problem. It is common knowledge that if we do not slow the growth of Medicare, it will consume the [...]
Atul Gawande on the next front in the health care fight. Dr. Gawande wrote what is widely regarded as the most consequential article for this year’s health care debate. Required reading for understanding America’s health care cost problem. If you haven’t read it, consider this your homework for the weekend. In the next Census, prisoners [...]
Charlie Dent lies about the Affordable Care Act again, telling Morning Call reporter Colby Itkowitz it will “blow the deficit much greater.” (English?) In reality, the Congressional Budget Office says the law will cut the deficit by $130 billion over the next decade. That’s the second time this week we’ve been treated to the Morning [...]