The AP has put out a fact check of President Obama’s claim last night that everything in his jobs program is paid for: resident Barack Obama’s promise Thursday that everything in his jobs plan will be paid for rests on highly iffy propositions. It will only be paid for if a committee he can’t control […]
With the deal announced to raise the debt ceiling and instill trillions in cuts during a recession, it is time to declare the that the right owns the economy. So just how bad is this deal? Here’s Paul Krugman’s take: For the deal itself, given the available information, is a disaster, and not just for […]
Yesterday John Boehner said there would be no debt ceiling increase without cutting trillions in spending: “Without significant spending cuts and changes to the way we spend the American people’s money, there will be no debt limit increase,” Mr. Boehner told members of New York’s business and finance community. “And cuts should be greater than […]
Colin Powell is wanting answers: Ex-secretary of state Colin Powell called on the CIA and Pentagon to explain how he was given unreliable information which proved key to the US case for invading Iraq, the Guardian reported Wednesday. Powell’s landmark speech to the United Nations on February 5, 2003, cited intelligence about Iraq leader Saddam […]
That’s what the McCain campaign has been doing and the proof is in their ads. The AP has done a study on this: MADISON, Wis. – Nearly every TV ad Republican John McCain ran last week was negative, compared to just 34 percent of those by Democrat Barack Obama, according to an analysis released Wednesday. […]
McCain wants to give more tax breaks to corporate America, but what about the corporations that pay nothing in taxes? Two-thirds of U.S. corporations paid no federal income taxes between 1998 and 2005, according to a new report from Congress. The study by the Government Accountability Office, expected to be released Tuesday, said about 68 […]