Posts Tagged ‘cuts



03
Aug
12

This and That

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09
Jul
12

Catching Up

President Barack Obama has interview prep in the Oval Office, July 9, 2012. (Official White House Photo by Pete Souza)

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Steve Benen: ….. President Obama spoke from the East Room of the White House this afternoon, making his case for extending a middle-class tax break. As was the case with Obama’s moves on immigration and marriage equality, it’s fair to say the president’s proposal is … clever.

…. Obama reminded the public of the taxes he’s already cut – “I wanted to repeat that because sometimes there’s a little misinformation out there and folks get confused about it,” he said – and highlighted the fact that trickle-down economics hasn’t worked. Obama added that the policy might look a lot different if the nation was still running a surplus.

But the meat of the pitch was making the case for extending lower tax rates for another year for those making under $250,000.

….Obama and his team don’t seem afraid of this fight in the slightest. On the contrary, they feel like they have the stronger hand — if Republicans give in and approve the president’s plan, Obama gets the political benefit; if Republicans are intransigent and fight for the rich, Obama gets the political benefit.

Full post here

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Tuesday: The President travels to Cedar Rapids, Iowa to deliver remarks at a campaign event and will return to Washington, DC in the evening.

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Hiya everyone, how was today on a 0-10 scale?

09
Jul
12

This and That

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Carnegie Mellon University (Flickr)

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Sandusky, Ohio (Flickr)

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Chat away😉

09
Jul
12

Rise and Shine

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Greg Sargent: …. Today Obama will try to go on offense on what Dems hope will be a defining issue of the campaign: Taxes on the rich. He will announce in a Rose Garden speech that he wants Congress to extend the Bush tax cuts for those under $250,000.

Republicans are already bashing the move as a threatened tax hike on “small businesses.” (They said the same thing about proposed tax hikes on those over $1 million; they’ll make this claim no matter what the cutoff is.) But this is a fight the Obama camp wants. It goes directly to the way the Obama team hopes swing voters will perceive this election: As a battle over which side really has the middle class’s interests at heart.

Obama has said the single greatest obstacle to bipartisan compromise on how to move the country forward is the GOP refusal to entertain even a penny more in taxes from the rich, and has called on voters to break that “stalemate.” This move is designed to highlight the cause of this stalemate — to deepen this contrast with Republicans, by putting them in the position of opposing the middle class tax cut extension unless it’s paired with an extension of tax cuts for the rich, revealing whose interests the GOP is protecting.

More here

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Paul Krugman: Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know both how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.

But that was 44 years ago. And the contrast between George Romney and his son Mitt — a contrast both in their business careers and in their willingness to come clean about their financial affairs — dramatically illustrates how America has changed.

More here

Thanks Dotster, I missed this yesterday

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Cagle

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11:50: President Obama delivers a statement calling on Congress to extend the Bush tax cuts for lower and middle-income taxpayers

12:30: Press Briefing by Press Secretary Jay Carney

2:00: The President is interviewed by regional television outlets

4:15: Attends a campaign event at the Mandarin Oriental Hotel, Washington, DC (Closed Press)

5:20: Attends a campaign event at the Mandarin Oriental Hotel, Washington, DC (Closed Press)

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Morning everyone😉

20
Jun
12

Rise and Shine

President Barack Obama returns to the White House from the Los Cabos G-20 Summit, June 20

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Sensible people, of course, ignore polls at this point ….. so, I’m sure most of the media will ignore this one:

Bloomberg: Barack Obama has opened a significant lead over Mitt Romney in a Bloomberg National Poll … Obama leads Romney 53% to 40% among likely voters …

The survey shows Romney has yet to repair the damage done to his image during the Republican primary. Thirty-nine percent of Americans view him favorably, about the same as when he announced his presidential candidacy last June, while 48% see him unfavorably – a 17% point jump during a nomination fight dominated by attacks ads. A majority of likely voters, 55%, view him as more out of touch with average Americans compared with 36% who say the president is more out of touch….

……. Beyond Romney’s low favorability ratings, the poll reflects perceived weaknesses for the Republican challenger both in style and substance. Only 31 percent of likely voters say they’d want to sit next to Romney on a long airplane flight, compared with 57 percent who prefer Obama as a seat mate.

Full article here

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Washington Post: The seven Bain Capital founders believed they were so destined to make millions that the young men posed for a photo on the grand marble staircase of Boston’s Copley Place with $10 and $20 bills popping out of their shirt collars, tucked behind their eyeglasses and clutched in their teeth.

… At the 1984 photo shoot, Romney and his partners were celebrating not only their new company but also the ethos of their era …. years later, as Romney pursued the presidency, the photo surfaced on the front page of the Boston Globe, part of the newspaper’s 2007 biographical series about Romney…

“I was stunned when I saw it,” said Graham, who was not in the picture. “I was upset. I thought it was tacky. I thought it was inappropriate. They must’ve done it in a moment of giddiness.”

…. Robert Shrum, a longtime Democratic strategist … called it “an iconic image of what could be perceived of greed or a total focus only on the bottom line and making a buck. That’s why it’s so powerful. It’s iconic.”

… The founders came to Bain from different backgrounds, yet they were a homogenous group. Each was white and male, and by 1994, a decade after the company started, there were still no black or Hispanic employees among the 40 professionals and eight support staff members, the Boston Globe reported at the time.

Full article here

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Washington Post: Republicans’ emerging problem with Latino voters looks even worse when you factor in the electoral college.

A look at Latino population trends in swing and key red states shows just how ominous the GOP’s future could be if it doesn’t do something about its current struggles with Latino voters.

We noted yesterday that nationwide population and minority voting trends paint a haunting picture for the GOP. But the problem is particularly acute because of the states where Latino growth has been strongest — particularly several key swing states and red states that Democrats are hoping to put in play in the coming elections…..

More here

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Cagle

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Washington Post: The tax reform plan that House Republicans have advanced would sharply cut taxes for the wealthiest Americans and could leave middle-class households facing much larger tax bills, according to a new analysis set to be released Wednesday.

The report, prepared by Senate Democrats and reviewed by nonpartisan tax experts, marks the first attempt to quantify the trade-offs inherent in the GOP tax package, which would replace the current tax structure with two brackets — 25 percent and 10 percent — and cut the top rate from 35 percent.

…. The net result: Married couples in that income range would pay an additional $2,700 annually to the Internal Revenue Service, on top of the tax increases that are scheduled to hit every American household when the George W. Bush-era cuts expire at the end of the year.

Households earning more than $1 million a year, meanwhile, could see a net tax cut of about $300,000 annually.

Full article here

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Denver Post: First lady Michelle Obama will speak in Colorado today as part of an outreach campaign aimed at grassroots supporters.

…. she will start the two-stop state tour at Arapahoe High School in Centennial at 10:30 a.m. and will then travel to the Creative Arts Building at the Colorado State Fairgrounds in Pueblo around 1:40 p.m.

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Thanks Jovie

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Morning everyone😉

10
Apr
12

evening all

At a campaign event at the Westin Diplomat Hotel in Hollywood, Fla

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Westin Diplomat Hotel, Hollywood, Florida

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Christopher Charles Tuck II, 7 years old of Westchester, New York, at at campaign event attended by President Obama in Hollywood, Florida

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People watch from the Westin Diplomat Hotel for President Obama to leave after a campaign event

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Members of the Secret Service keep watch along the beach front where President Obama was holding a campaign fundraising event in Golden Beach, Florida

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27
Feb
12

evening all

First Lady Michelle Obama and Dr. Jill Biden talk outside the State Dining Room before addressing the National Governors Association annual meeting at the White House, Feb. 27, 2012. (Official White House Photo by Lawrence Jackson)

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Tuesday: PBO will deliver remarks at the United Auto Workers conference in Washington, DC.

Wednesday: PBO and the First Lady will host a dinner at the White House to honor Armed Forces, who served in Iraq, and their families.

Thursday: PBO will travel to Nashua, New Hampshire, and deliver remarks on the economy. In the evening, the President will attend campaign events in New York City.

Friday: PBO will travel to the Walter Reed National Military Medical Center in Bethesda, Maryland, to visit with wounded service members.

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Toronto Star: When Mitt Romney regaled a Michigan audience this week with childhood memories of a landmark moment in Detroit history, it was a rare instance of emotional candour.

And, perhaps, an even rarer example of time travel.

Romney recalled he was “probably 4 or something like that” the day of the Golden Jubilee, when three-quarters of a million people gathered to celebrate the 50th anniversary of the American automobile.

“My dad had a job being the grandmaster. They painted Woodward Ave. with gold paint,” Romney told a rapt Tea Party audience in the village of Milford Thursday night, reliving a moment of American industrial glory.

The Golden Jubilee described so vividly by Romney …. took place June 1, 1946 – fully nine months before Romney was born…..

More here

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Slate: …. In January, workers in the manufacturing sector worked an average of 41.9 hours per week. That same figure was reached for a few months during the winter of 1997-1998, but the last time it was actually higher than that was July of 1945 when America’s factories were working overtime to fight and win World War II….

We’re at the point, in other words, where just to sustain current levels of output American factories are going to need to start adding workers.

More here

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Change You Can Believe In:

Yahoo: Five months after the military’s ban on openly gay service expired, a photo of a young gay Marine’s homecoming kiss has gone viral. Nearly 15,000 people have liked the picture on Facebook, which was posted in a group for gay Marines on Saturday.

The Marine, Brandon Morgan, posted a response on his Facebook wall according to the JoeMyGod blog. “To everyone who has responded in a positive way. My partner and I want to say thank you. Dalan, the giant in the photo, can’t believe how many shares and likes we have gotten on this. We didn’t do this to get famous,or something like that we did this cause after 3 deployments and four years knowing each other, we finally told each other how we felt,” Morgan wrote.

More here

Thanks Bob and Lisa

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ThinkProgress: An article in The Hill today describing the results of a new poll inaccurately reports that voters want “a lower tax bill” for wealthy individuals and businesses. If anything, the poll shows the opposite.

In tax policy, it’s critical to distinguish between marginal tax rates and effective tax rates … The Hill article fails to sort out this very basic distinction, then proceeds to make a number of apples-to-oranges comparisons that paint a misleading picture of what wealthy people and corporations are paying in taxes now and what people want them to pay.

….. Having repeatedly confused marginal and effective rates, the article misinterprets the poll results to conclude that people want “a lower tax bill” for individuals and corporations….

….Here’s a better explanation: Voters understand what The Hill does not – that wealthy people and corporations actually pay taxes at much lower rates than the top marginal rates on the books. And when asked what they think the “most appropriate” rates should be, a majority of people cite rates that are higher than what the wealthy and corporations are actually paying now.

More here

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Washington Post (Editorial): At a time of record debts and deficits, the two leading Republican presidential candidates are proposing a path on taxes and spending likely to add trillions more. That’s the sobering conclusion of the nonpartisan Committee for a Responsible Federal Budget (CRFB), whose board includes six Republican former lawmakers with expertise in budget issues, three Republican former heads of the Congressional Budget Office, and two former Office of Management and Budget directors under Republican presidents.

Full article here

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NY Mag: Of the various expressions of right-wing hysteria that have flowered over the past three years –  goldbuggery, birtherism, death panels at home and imaginary apology tours by President Obama abroad – perhaps the strain that has taken deepest root within mainstream Republican circles is the terror that the achievements of the Obama administration may be irreversible, and that the time remaining to stop permanent nightfall is dwindling away.

… The GOP has reason to be scared. Obama’s election was the vindication of a prediction made several years before…. that demographic and political trends were converging in such a way as to form a ­natural-majority coalition for Democrats.

… if they lose their bid to unseat Obama, they will have mortgaged their future for nothing at all. And over the last several months, it has appeared increasingly likely that the party’s great all-or-nothing bet may land, ultimately, on nothing. In which case, the Republicans will have turned an unfavorable outlook into a truly bleak one in a fit of panic. The deepest effect of Obama’s election upon the Republicans’ psyche has been to make them truly fear, for the first time since before Ronald Reagan, that the future is against them.

Full article here

Thanks Loriah

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The Week

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Anti-Romney Robocall From “Democrats For Santorum”:

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Yikes, I can’t remember who posted this today – whoever you are, thank you!

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Nick Anderson

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Thanks Symmetry!!!

14
Feb
12

afternoon all

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Greg Sargent: Despite birth control controversy, Obama suffers no erosion among Catholics

Since the birth control controversy broke, it has been an article of faith among even some neutral commentators that the battle would cause Obama to lose crucial support among Catholic swing voters.

But Gallup has performed a new analysis of its tracking data that should complicate this assertion: It finds that Obama has suffered no meaningful downturn in recent days among that consistuency, even among church-going Catholics.

More here

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TPM

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Later this afternoon, President Obama hosts another round of interviews with television stations – today’s lineup: KLAS, Las Vegas; WAGA, Atlanta; WFLA, Tampa; and WBTV, Charlotte, N.C.

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Steve Benen

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Ezra Klein

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President Barack Obama meets with Chinese Vice President Xi Jinping in the Oval Office

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12
Jan
12

catching up

This can never be posted enough, right? Read Steve Benen on the video here

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White House Live

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McClatchy

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I forgot to post this yesterday:

New York Times editorial: Where the Iowa caucuses illuminated the dark essence of social conservatism, the New Hampshire primary was a journey into the dingy, cramped quarters of the right wing’s economic policies.

The Republicans ritually denounced President Obama as hostile to capitalism, disdainful of individual enterprise and lacking in ideas for reviving the economy. All they had to offer were economic ideas that not only are inadequate for that purpose but were instrumental in creating the nation’s current economic problems.

…. The solution is policies that promote growth and help the middle class, not what the Republican hopefuls want. Mr. Obama said it well on Monday night: “We can’t go back to this brand of you’re-on-your-own economics.” You couldn’t tell that by listening to Mr. Romney prattle about a merit-based economy and call for lowering taxes and cutting spending.

…. The answer is not more of the same failed policies. The solution is to revive the successful ones, along with policies to stimulate the economy and stop foreclosures. Mr. Obama understands this. The Republican hopefuls are deluding themselves and trying to delude the voters.

Full editorial here

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Washington Post

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Link

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Steve Benen: Herman Cain argued yesterday about the Republican field, “Look, these candidates have broken the Reagan’s rule from the beginning. Reagan’s 13th commandment, you know? Don’t go negative against another Republican, but they did it anyway!” I think he meant “11th”.

😆

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OFA: Get the scoop – including exclusive updates and sneak peeks – on Runway to Win, a project by fashion designers in support of Obama 2012.

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New York Times (July 2011)

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CNN: Foreclosure filings and repossessions fell to their lowest level since 2007 last year.

Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million, according to RealtyTrac, the online marketer of foreclosed properties.

One in every 69 homes had at least one foreclosure filing during the year, while 804,000 homes were repossessed. That’s a significant improvement from the peaks reached in 2010 – when 1.05 million homes were repossessed – and the lowest levels seen since 2007.

More here

Thanks Creolechild

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Yes, I saw a pig fly today – GOPolitico (Donovan Slack) actually did some half decent journalism:

Michelle Obama was raring to help her husband promote his signature health care plan during the summer of 2009. But, according to the latest book about the first couple, “the West Wing never really took the first lady up on her offer.”

“She did a few events, but they were small and drew little coverage,” New York Times reporter Jodi Kantor wrote in “The Obamas.” …. “Her support for the initiative became a mostly private matter, the subject of long conversations between the Obamas.”

But a review of news clippings during the period covered by that chapter in the book – May through August 2009 – found that Michelle Obama was very public about her support and received extensive coverage. The Washington Post, The Boston Globe and ABC News, among others, reported on her efforts.

Kantor’s own newspaper declared in July 2009 that she had become “one of the Obama administration’s most visible surrogates on health care.”

Kantor says that she stands by her core assertions but believes her language could have been clearer. “As Robert Gibbs told me on the record, the White House was concerned about putting the first lady in the line of fire. But given the NYT story you mentioned, I could have been more precise about the media coverage,” she told POLITICO in a statement.

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You can read the full DOJ memo here (it’s a PDF)

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ThinkProgress

One of the facts from K_Creations:

Thanks Criquet

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Thanks Creolechild

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Link

05
Jan
12

afternoon all

Iowa Democratic Party

Last week at Firebaggerlake:

😳

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USA Today: President Obama announced a new military strategy on Thursday that will cut the Pentagon budget by hundreds of billions of dollars over the next decade.

Speaking from the Pentagon, Obama said the plan is “smart, strategic” and sets priorities.

…. The new military strategy includes $487 billion in cuts over the next decade. An additional $500 billion in cuts could be coming if Congress follows through on plans for deeper reductions. The announcement comes weeks after the U.S. officially ended the Iraq War and after a decade of increased defense spending in the aftermath of the Sept. 11, 2001, attacks on the United States.

More here

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President Barack Obama and Defense Secretary Leon Panetta after the president spoke on the Defense Strategic Review at the Pentagon

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Washington Post

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Dana Milbank: If this is Mitt Romney’s idea of a victory rally, one shudders to think what would have happened if he had lost the Iowa caucuses. The day after his impossibly thin eight-vote victory …. he flew here for a town hall meeting at Manchester Central High School, where he was to bask in the endorsement of his 2008 arch rival, John McCain.

But the senator grimaced when he was introduced, and as Romney delivered his own stump speech, an increasingly impatient McCain pulled up his sleeve and checked his watch. McCain gave his endorsement address without mentioning Romney’s Iowa win until the end. “By the way, we forgot to congratulate him on his landslide victory last night,” he said, laughing. Romney ignored him.

….. Romney continued to wrestle with words when he took the stage … “What a, uh, big night we had last night, or what a big morning we had, uh, last morning, this morning, in, uh, Iowa,” he began…..

Full article here

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Randall Enos

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Ah, the Firebaggers just keep on embarrassing themselves …. from Firebaggerlake:

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Raw Story

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Washington Monthly: What If Obama Loses? … there’s a widespread assumption that extreme positions taken in the (GOP) primaries will fade in the general election as candidates “move to the center,” and will disappear entirely once the serious business of governing begins. Surely President Newt Gingrich would not get rid of child labor laws. Surely President Perry would not seek to eliminate three cabinet departments.

We don’t think that this year, with this GOP, those assumptions are warranted. And so we asked a distinguished group of reporters and scholars to think through the hitherto unthinkable: What if one of these people actually wins?

Full post here

Thanks BWD

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Chart of the Century:

Steve Benen (thanks Meta)




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