National Debt

A search at the Associated Press's national website on Warren Buffett's last name at about 5 p.m. ET returned two recent items which are still present there. Each item (here and here) mentions the Obama Fan of Omaha's idea to "impose a minimum tax of 30 percent on income between $1 million and $10 million, and a 35 percent rate for income above that." Neither mentions the pathetically small…

On Thursday's CBS This Morning, new White House correspondent and former Fox News journalist Major Garrett bucked the "militantly non-partisan" label he gave himself over a year ago when he hyped the President's supposed populist stand in the fiscal cliff negotiations with top leaders in Congress: "President Obama is adamant about protecting existing income tax rates for middle-income earners…

Norah O'Donnell and Charlie Rose tossed softball questions at Democratic Senator Amy Klobuchar on Wednesday's CBS This Morning on the looming fiscal cliff, just two days after they hounded Republican Senator Bob Corker on the same issue. Rose casually mentioned to Senator Klobuchar how "the President believes you can't get there by deduction. You have to raise [tax] rates. Is that your view?" O…

In an interview with CBS News anchor Scott Pelley last week, Goldman Sachs chairman and CEO Lloyd Blankfein immediately brought up a highly sensitive subject that liberals in the media and highest levels of government refuse to acknowledge: entitlement spending on Social Security, Medicare, and Medicaid are unsustainable at their current rate and need significant reform to ensure those programs…

Throughout the liberal media's ceaseless coverage of the impending fiscal cliff debacle, they have fixated on hiking taxes on the "rich," even though doing so would come nowhere close to solving America's fiscal woes. Whatever short term gain in revenue from tax hikes will not last the federal government for very long, and another credit downgrade is inevitable if entitlement reform continues…

This morning the Obama administration's "National Economic Council & Council of Economic Advisers" jointly released "The Middle-Class Tax Cuts' Impact on Consumer Spending & Retailers." Among the howlers in this non-economic political document: "Independent Economic Analysis Clearly Demonstrates Why We Need to Extend the 2001/2003/2010 Tax Cuts for the Middle-class." But not everyone…

This Thanksgiving, a record high of 42.2 million Americans will use food stamps to curtail the cost of a big meal. At a whopping expense of $72 billion to the taxpayer per year, according to the Congressional Budget Office. The Supplemental Nutrition Assistance Program (SNAP) has grown by 70 percent since 2007, an increase of over 15 million more people. Despite acknowledging all of this,…

During Friday’s broadcasts of the PBS's NewsHour and NPR’s All Things Considered, liberals continued with their narrative about the fiscal cliff, and how it’s not all that bad.  Previously, Mark Shields and E.J. Dionne agreed with New York Times-style Republican David Brooks that they would go off the cliff.   The Washington Post's E.J. Dionne equated it with the “will of the people.” But now…

Schlockumentary filmmaker Michael Moore had some straight talk for Barack Obama Monday. In a letter to the President published at the perilously liberal Huffington Post, Moore advised Obama to "DRIVE THE RICH RIGHT OFF THEIR FISCAL CLIFF" while putting an end to "the s***ting on the poor."

On November 14, the Hill reported that "Senate Democrats, feeling confident from their net gain of two seats in last week’s election, say any deficit-reduction package negotiated in the coming weeks must include stimulus measures." Alexander Bolton's writeup quoted Senator Chuck Schumer publicly asserting that "We have to do something because the economy is not growing fast enough in the first…

Nuns on the Bus tour leader Sister Simone Campbell appeared on MSNBC's The Cycle on Thursday afternoon to discuss her ministry, which predictably led to her left-wing agenda becoming the focal point of the conversation. The only host to take issue with her talking points was token conservative S.E. Cupp, who was armed with facts and figures that the good sister could not rebut except by…

NBC Tonight Show host Jay Leno took a swipe at his own sister network and the President Thursday. During his opening monologue, Leno said, "The economy is so bad MSNBC had to lay off 300 Obama spokesmen" (video follows with transcript and commentary):

In what was a transparent attempt to scrutinize how conservative a black actress can really be, the ladies of The View invited Stacey Dash on the program to substitute for Elisabeth Hasselbeck. Immediately following her summary of what was to come, Whoopi Goldberg inquired how Dash was doing after the vicious attacks she had endured on Twitter for simply endorsing Mitt Romney. Without…

Earlier today (at NewsBusters; at BizzyBlog), I noted how several reports from the Associated Press, aka the Administration's Press (here, here, and here) buried the major news about President Obama's opening demand to Congress over resolving the "fiscal cliff" of tax hikes scheduled to take effect on January 1. His demand for $1.6 trillion in tax increases over the next ten years is twice what…