Tag: ‘Republicans’

Who Won the Election Again?

By :: November 20th, 2014

Pardon me for being confused. Two weeks ago, voters turned the Senate and several state houses over to Republicans and increased the GOP majority in the House. Now, in a new Wall Street Journal-NBC News poll, (firewall) Americans have firmly embraced—a Democratic agenda. They want more government spending on roads and Ebola, They want to […]

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Will Obama’s Executive Action on Immigration Kill Tax Reform? Hint: You Can’t Kill Something That’s Already Dead

By :: November 18th, 2014

The latest narrative making the rounds in Washington is that President Obama will kill prospects for tax reform in 2015 if he grants legal status to undocumented immigrants though an executive order. House Speaker John Boehner (R-OH) and others claim that this step will so poison the well of trust between Democrats and Republicans that […]

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The Illogic of the McConnell Debt Limit Rule

By :: October 23rd, 2013

In the aftermath of the recent government shutdown and the painful negotiations that brought the country perilously close to defaulting on government debt, policy experts are searching for a way to avoid a replay of this crisis. After all, the recent congressional agreement only delays the next potential shutdown till January 15 and lifts the […]

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Is Obamacare the GOP’s White Whale?

By :: September 17th, 2013

 “The White Whale swam before him as the monomaniac incarnation of all those malicious agencies which some deep men feel eating in them…All that most maddens and torments; all that stirs up in the lee of things;…all that cracks the sinews and cakes the brain; all evil…visibly personified …and made practically assailable in Moby Dick” […]

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Bowles-Simpson II: A New Plan to Avoid the Sequester

By :: February 19th, 2013

With 10 days to go until the dreaded sequester—the automatic across-the-board spending cuts that most lawmakers profess to hate—the Washington drama machine is starting to get in gear. Today, President Obama stood in front a group of uniformed first responders and warned darkly of layoffs if the spending cuts kick in. At the same time, […]

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What the Dueling Senate Bills on Expiring Tax Cuts Would Mean for Taxpayers

By :: July 25th, 2012

As early as today, the Senate is likely to vote on the first of two competing efforts to temporarily extend tax cuts passed between 2001 and 2010. Neither the Democratic nor Republican measures will pass in the hyper-partisan Senate, but it is instructive to see how the measures stack up. The short summary: The Democrats would increase […]

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Five Reasons Why the Deficit Super Committee Failed

By :: November 21st, 2011

To the surprise of few, Congress’ super committee is on the brink of failure–unable to agree on $1.2 trillion in budget savings as required by last summer’s debt limit deal. But the panel was doomed from the start. Here are five reasons why: The parties could not bridge their theological differences. Mainstream Democrats believe government should play an important role in the […]

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Mission Impossible: Cutting the Corporate Tax Rate to 25 Percent

By :: November 2nd, 2011

It has been an article of faith among most congressional Republicans and many Democrats that the corporate tax rate should be cut from today’s top level of 35 percent to 25 percent—or even less. And backers of the idea breezily suggest this could be paid for by scaling back some corporate tax breaks. But a new […]

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The Coming Payroll Tax Role Reversal

By :: August 18th, 2011

In a couple of weeks, President Obama will ask Congress to extend this year’s payroll tax cut. It will surely become a classic Washington double-reverse rhetorical moment. I can’t wait to hear Obama lift some of House Speaker John Boehner’s (R-OH) best lines about the folly of raising taxes in the midst of an economic […]

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Why Obama Punted on Deficit Reduction

By :: February 22nd, 2011

The latest Republican talking point is that President Obama is “punting” on his fiscal responsibilities by not proposing deep cuts in Medicare and Social Security. It is true that Obama’s 2012 budget was exceedingly timid when it came to deficit reduction. But Obama’s GOP critics ooze hypocrisy when they accuse him of fiscal irresponsibility. This, […]

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