Posts Tagged tax cuts

By Jos Truitt • 13 years ago

The attack on Medicare and Medicaid: morally bankrupt politics

The Republican’s 10-year budget proposal, introduced Tuesday by Representative Paul Ryan, revolves around privatizing Medicare and Medicaid. Rep. Ryan is publicly equating Medicaid with welfare, which for decades now has been painted as a bad thing. These programs provide care to the elderly, poor, and people with disabilities, acting as a health care safety net for the most vulnerable. Republicans are saying it’s these people who must pay for current financial struggles, and I wouldn’t be surprised to see the Democrats agree.

Some pundits have been quick to praise this proposal, with David Brooks calling it courageous, serious, and gutsy. Paul Krugman has compared pundit’s praise for the proposal to their group-think support for the erroneous ...

The Republican’s 10-year budget proposal, introduced Tuesday by Representative Paul Ryan, revolves around privatizing Medicare and Medicaid. Rep. Ryan is publicly equating Medicaid with welfare, which for decades now has been painted as a bad ...
By Vanessa • 13 years ago

Obama extends tax cuts to the wealthy

There’s a good chance you’ve already heard as it’s all over the news — President Obama has struck a deal with the GOP to extend the Bush tax cuts to the wealthy for two years. After one of President Obama’s biggest goals in his campaign and throughout his president has been to end the tax cuts on the wealthy implemented during the Bush era that has no doubt contributed to the shrinking middle class, this is a huge disappointment for the Left.

Let this serve as an open thread — was this actually a compromise for the unemployment insurance extension? Should he have called the Republicans’ bluff and let the tax cuts expire? ...

There’s a good chance you’ve already heard as it’s all over the news — President Obama has struck a deal with the GOP to extend the Bush tax cuts to the wealthy for ...