Thursday, January 19, 2012
It's a Wingnut World After All
Saturday, September 17, 2011
Our Economic Broken Record - Republicans Oppose Everything
In a Friday memo to all House Republicans, GOP leaders came out against nearly all the major proposals in Obama's $447 billion job-creation plan, including his middle-class tax cuts and his approach to federal spending on transportation and school construction.
The Republican leaders said cutting payroll taxes through 2012 would lead to a tax increase in 2013 -- an argument that didn't deter Republicans from a much bigger, 10-year tax cut in 2001 that was extended last December but is set to expire on Dec. 31, 2012.
"There may be significant unforeseen downsides to large temporary tax cuts immediately followed by large tax increases," they wrote in their memo. "We are creating significant new uncertainty in an already uncertain economy."
President Obama on Monday will call for a new minimum tax rate for individuals making more than $1 million a year to ensure that they pay at least the same percentage of their earnings as middle-income taxpayers, according to administration officials.
With a special joint Congressional committee starting work to reach a bipartisan budget deal by late November, the proposal adds a new and populist feature to Mr. Obama’s effort to raise the political pressure on Republicans to agree to higher revenues from the wealthy in return for Democrats’ support of future cuts from Medicare and Medicaid.
Mr. Obama, in a bit of political salesmanship, will call his proposal the “Buffett Rule,” in a reference to Warren E. Buffett, the billionaire investor who has complained repeatedly that the richest Americans generally pay a smaller share of their income in federal taxes than do middle-income workers, because investment gains are taxed at a lower rate than wages.
Mr. Obama will not specify a rate or other details, and it is unclear how much revenue his plan would raise. But his idea of a millionaires’ minimum tax will be prominent in the broad plan for long-term deficit reduction that he will outline at the White House on Monday.
Wednesday, May 11, 2011
Republicans Fee-Fees Hurted By Big Meaniehead Dems
Nearly a dozen House Republican freshmen held a press conference outside the Capitol Tuesday morning to "wipe the slate clean," and "hit the reset button."
"Yeah, I mean there's been -- again, this is a both-sides issue," said Rep. Adam Kinzinger (R-IL) when asked if GOP candidates and the NRCC had engaged in 'MediScare' tactics last year. "To say that one side is blameless in trying to use issues to win votes is just dishonest."
On Tuesday, Kinzinger and 41 of his colleagues sent a letter to President Obama, asking him to rein in Democratic attacks on GOP members who voted for the House budget, which includes a plan to privatize Medicare and cap spending on the program.
"We ask that you stand above partisanship, condemn the disingenuous attacks and work with this Congress to reform spending on entitlement programs," the letter reads.
Republicans already voted for Ryan's shit sandwich of a budget and continue to feel the ramifications of it daily, no matter how they try to argue the contrary. The fact that they are crying about Democratic attacks mean that they are working. They've hit a nerve. The House GOP is already feeling the heat from their constituents on their regressive plan, and the last thing they want is for the Dems to continue to hold the spotlight on them on this issue.
Paul Krugman had a good post about this very subject on his blog, noting what I've said many times before - that facts have a well-established liberal bias:
Today was another VSP day at the Washington Post, with both the editorial page and the fact-checker tut-tutting at Democrats who insist on describing the Republican plan to dismantle Medicare as a plan to dismantle Medicare.
Because it is, you know, a plan to dismantle Medicare. When you transform a program that pays seniors’ medical bills into a program that gives them a voucher that almost certainly isn’t enough to buy adequate insurance, you can call the new scheme Medicare, but it isn’t the same program.
Anyway, Republicans are proposing to destroy Medicare; saying that clearly isn’t scare tactics, it’s simply pointing out the truth.
Friday, May 6, 2011
The GOP: Objectively Anti-Consumer Protection
Nearly every Republican senator is vowing to block any presidential nominee to head the new Consumer Financial Protection Bureau (CFPB) unless major changes are made to the agency.
In a letter sent to the president Thursday, 44 GOP senators said that any pick to become the first director of the CFPB, regardless of political affiliation, will be unacceptable unless the bureau is significatly altered to reduce its "unfettered authority."
[...]
"The CFPB as created by the deeply-flawed Dodd-Frank Act is set to be one of the least accountable and most powerful agencies in Washington," said Senate Republican Leader Mitch McConnell (R-Ky.). "The reforms outlined are necessary before we will consider any nominee to head this agency.”
"This about accountability," added Sen. Richard Shelby (R-Ala.), the ranking member of the Senate Banking Committee. "The bureau, as currently structured, lacks any semblance of the checks and balances inherent in the Constitution."
Specifically, the lawmakers are demanding the top of the CFPB be changed so that instead of being run by a single director, it is headed by a board of directors. They also want the CFPB's budget to fall under the jurisdiction of Congressional appropriators — currently the CFPB is set up to receive its budget from the Federal Reserve. And finally, they want other regulators to be able to block CFPB regulations if they deem it could endanger the safety and soundess of banks.
Saturday, June 5, 2010
Never Enough
Senate Republicans have a hard time making up their minds when it comes to the proper length and/or volume of documents necessary to do their jobs:
Senate Judiciary ranking member Jeff Sessions (R-Ala.) called the number of documents released inadequate and reiterated his concern that the committee will not have enough time to pore over the information before Kagan’s hearings.
“The batch of documents received today represent less than a third of the 160,000 pages of material we have been told exist from Elena Kagan’s time as a senior policy aide to President Clinton. We are now a mere 23 days away from the hearing and the committee still has yet to receive over 100,000 pages of documents,” Sessions said in a statement.
What Sen. Sessions is really after is the Goldilocks level of data: the Healthcare bill was too much, the 45,000 pages on Kagan are not enough, but 160,000 pages would be just right. Maybe Sen. Sessions is hoping that in those additional 115,000 pages, he will find the answers to burning questions like whether or not Kagan is a lesbian, or why she deigns to cross her legs. Because we absolutely have to get to the bottom of that.
I Think He's Gonna Be Sad
I think it's today, yeah:
House Minority Leader John Boehner (R-Ohio) is demanding that Paul McCartney apologize for expressing his gratitude that America again has a president "who knows what a library is," Human Events' Connie Hair reports.
"Like millions of other Americans, I have always had a good impression of Paul McCartney and thought of him as a classy guy, but I was surprised and disappointed by the lack of grace and respect he displayed at the White House," Boehner said in a statement. "I hope he'll apologize to the American people for his conduct which demeaned him, the White House and President Obama."
And I expect that Boehner will apologize to the American people for his hideous spray tan and his pervasive infantile behavior. So there. At least Boehner calls for conservative celebrities to apologize when they say much worse things. Seriously. Cry more.
