As soon as I saw a headline at the Worldnutdaily that said “Expert on military readiness says budget’s burden for benefits will explode,” I knew that “expert” would be Elaine Donnelly. She’s not really an expert on this, of course. Sure, she runs a group called the Center for Military Readiness, but she has no …
Category Archive: Budget and Taxes
Jul 03 2013
Jun 25 2013
I had a conversation with someone after House speaker John Boehner failed to pass the farm bill because of a revolt of the most right-wing legislators in his party. And I said that as much of a schmuck as Boehner is, I feel sorry for him. His job is simply impossible.
Jun 21 2013
The non-partisan Congressional Budget Office has issued a report that should provide serious ammunition for Democrats and moderate Republicans who are pushing the immigration reform bill. The report concludes that passing S. 774 would raise federal revenue and reduce the deficit pretty significantly.
May 24 2013
We’ve already seen the rank hypocrisy of Republican legislators who repeatedly claimed that the stimulus bill didn’t create any jobs while simultaneously asking for stimulus funds for their district because it would create so many jobs. How about a Republican legislator who rails against food stamps “stealing” other people’s money but gets millions in farm …
May 16 2013
Paul Buchheit has an article at Alternet that spells out the core problem underlying our systemic federal debt problem and the way the tax burden has been shifted away from wealthy corporations and toward individual taxpayers. Some of these numbers are pretty astonishing:
May 10 2013
The Chris Christie administration in New Jersey has approved a grant worth over $10 million to an Ultra-Orthodox Jewish rabbinical school to build a new library and other buildings, as part of a larger bill that funds construction projects at the states colleges and universities.
May 07 2013
ThinkProgress links to a new report by the Institute for Policy Studies and the Campaign for America’s Future about a group called Fix the Debt, which is made up of the CEOs of many large and powerful corporations. While demanding fiscal responsibility, they all make far more money both personally and for their companies because …
May 02 2013
If you want a perfect microcosm of what is broken about our political system, look no further than this story about a push in Congress to continue funding the production of a tank that the military says it doesn’t want or need. Why? Because it brings jobs to a key swing state.
Apr 26 2013
A Nevada tax protester named Bret Ogilvie has apparently been using the Kent Hovind strategy to defend himself against criminal charges for tax evasion. A federal district court in Nevada has rejected his claim that paying taxes is a violation of his religious freedom. From the ruling:
Apr 23 2013
A pair of Texas lawmakers who were opposed to federal aid for Hurricane Sandy relief suddenly love the idea of federal aid to help West, Texas recover from a massive explosion at a fertilizer factory. That includes Tea Party favorite Sen. Ted Cruz and the congressman who actually represents West.
Apr 14 2013
Rep. Paul Broun of Georgia may have pulled into the lead in the competition for the title of Dumbest Right Wing Legislator with this argument for why the health care reform bill should not pay for sex change operations (which it doesn’t do, by the way):
Apr 11 2013
To hear the right tell it, the United States is horribly overtaxed. But compared to other industrialized nations, our tax burden is among the lowest in the world. Citizens for Tax Justice looked at taxes collected as a percentage of GDP in the OECD countries and found exactly that.
Mar 30 2013
Sen. Ted Cruz may be new to the senate, but he’s apparently well-schooled in the mythical version of Saint Ronald Reagan. FactCheck takes a look at a recent statement by him that stands history completely on its head in claiming that Reagan reduced spending and debt.
Mar 28 2013
Here’s another study that shows that one of the central ideological arguments of conservatives and Republicans, that tax cuts are the key to spurring job growth, is false. The Center on Budget and Policy Priorities tracked the effects of state tax cuts in the 90s and found that the states that cut taxes had less …
Mar 19 2013
As we “celebrate” the 10th anniversary of the invasion of Iraq, a new report says that the total cost of the war is over $2 trillion when you add together not only the immediate expenses but the ongoing expenses of caring for the veterans who came back with massive physical and psychological injuries. And that’s …