Last night, nine Republicans and five Democrats broke with their parties on the Cut, Cap, and Balance Act, which would require a balanced budget amendment if the debt ceiling were to be raised. Two of the Republicans who voted against it were presidential hopefuls: Rep. Michele Bachmann (Minn.) and Rep. Ron Paul (Texas), both of whom believe the act doesn't goes far enough.
Tucker Carlson on Tuesday said, "Very few people have done more to divide the country than Chris Matthews."
Such occurred on Fox's "Hannity" show as the Great American Panel discussed the "Hardball" host's deplorable interview with Congressman Joe Walsh (R-Ill.) earlier in the day (video follows with transcript and commentary):
As NewsBusters previously reported, Chris Matthews had quite a heated debate with Rep. Joe Walsh (R-Ill.) on Tuesday's "Hardball."
Amidst a series of ridiculous questions asked of the Congressman, possibly the most absurd was, "If we have a crisis in August [as a result of not raising the debt ceiling], will you resign?" (video follows with transcript and commentary):
Referencing the sweet reason of the New York Times's "conservative" David Brooks, CNN's Brooke Baldwin urged Sen. Orrin Hatch (R-Utah) to listen to the voice of compromise in the debt ceiling debate.
Baldwin pleaded with Hatch that "there are folks out there – including conservatives – saying President Obama has already offered Republican [sic] the deal of their dreams," although Hatch later responded that President Obama has yet to outline exactly what the cuts are that are featured in his deal.
Republican Congressman Joe Walsh didn't put up with Chris Matthews' "bullying" on Tuesday, mocking the liberal MSNBC anchor for his effusive praise of Barack Obama. Over the host's frequent interruptions, the Illinois Representative taunted, "Hey, Chris, your President, who sends a tingle up your leg-"
Walsh appeared to discuss the debt ceiling debate and what Republicans are willing to cut. The Congressman jokingly referred to Matthews' famous 2008 remark that an Obama speech created a "thrill going up my leg." A seemingly chagrined Matthews dismissed, "Okay. Here we go. This is where I thought we'd end up."
The anchor resorted to arguing semantics, reminding, "And first of all, tingles is your word."
Reporters have repeatedly portrayed Barack Obama as a deficit hawk committed to "slashing" spending, as MRC Research Director Rich Noyes documented in April ahead of the president's much-anticipated budget speech.
While the media touted Obama's budget blueprint, which contained puny cuts, as "deeply painful," CBO Director Doug Elmendorf told Congress the president's framework lacked sufficient detail to be scored as a credible plan.
Since then, Obama still hasn't revealed a serious plan to cut spending, yet correspondents continue to paint the president as a budget cutter.
While President Barack Obama has not presented a specific alternative to Republican plans for reducing spending in the lead up to a vote on raising the debt ceiling, the White House has issued a formal veto threat to the “Cut, Cap and Balance,” plan that is expected to pass the House of Representatives on Tuesday.
“If the president were presented this bill for signature, he would veto it,” said a statement from the White House Office of Management and Budget (OMB).
Chief New York Times “Caucus” blog writer Michael Shear hosted the latest edition of the paper’s “Caucus” podcast (there's no direct link) Friday, where he, political reporter Jeff Zeleny, and White House reporter Mark Landler agreed that Republican candidate Michele Bachmann was wrong to dismiss concerns about possible financial consequences resulting from a failure to raise the debt ceiling.
About four and a half minutes from the end, Landler took side in the budget-cutting battle, emphasizing how far Obama had come toward the Republican position with “very significant cuts,” and sympathized with the president’s “frustration” over the “unreasonable” “intransigence of the Republicans.”
MSNBC contributor Mike Barnicle perpetuated the liberal line of Republican obstinacy over the debt ceiling on Tuesday's Morning Joe using a poor analogy to home buying. "Did you ever compromise or negotiate on the price with the then owner of the home?" asked Barnicle.
With growing frustration towards President Obama and certain members of congress for their lackadaisical approach in balancing the budget and reducing spending, many people are beginning to think they could do a better job than our country's leaders. Using data collected by the non-partisan Congressional Budget Office, American Public Media and the Woodrow Wilson Center put together an interactive game to do just that, giving control of the economy to the players using actual proposed budget plans.
Check out the game after the break, and let us know what you think of it in the comments.
The OK Corral in Tombstone, Ariz., was where Doc Holliday and Wyatt, Virgil and Morgan Earp fought the Clantons and McLaurys on Oct. 26, 1881. At the end of that 30-second showdown, Virgil and Morgan Earp were wounded, and three cowboys were dead.
President Barack Obama and House Republicans' showdown over the debt and deficit quickly is turning into Washington's OK Corral. And politicians on each side are trying to convince you which are Tombstone law enforcement (the good guys) and who the rogue cowboys (the bad guys) are.
MSNBC's Chris Matthews and Pat Buchanan got into quite a heated debate on Monday's "Hardball."
At issue was the battle of the debt ceiling with Matthews calling Tea Partiers opposed to raising it "crazy protesters" and telling his guest, "You want to join" them (video follows with transcript and commentary):
On his Saturday show Your Money, CNN host Ali Velshi tried to pin the blame for the debt ceiling standoff on one man – the president of Americans for Tax Reform, Grover Norquist. "Are you the reason that we don't have a debt ceiling increase right now?" he boldly asked his guest.
Velshi was referring to Norquist's pledge that entails elected officials who sign it promising to oppose increases in taxes. Velshi termed the pledge one of "remarkable inflexibility." He questioned outright the viability of the pledge. "Why is preserving the inability to increase taxes more important than the overall health of the economy and the danger that it's putting us into right now?" he asked.
According to Chris Matthews, conservative House Republicans who are holding steadfast on resisting a debt ceiling deal that includes tax hikes are like the apocryphal bovine of doom behind the 1871 fire that destroyed much of Chicago (video follows page break):
While the Republican-controlled House of Representatives has voted this year to approve House Budget Chairman Paul Ryan's (R.-Wis.) proposal--that would put the government on a gradual path to a surplus by 2040--and plans to vote on a balanced budget amendment next week that would cap federal spending at 18 percent of GDP, the only budget proposal President Obama's has publicly revealed in 2011 would, according to the Congressional Budget Office, increase the deficit by $26 billion this year, $83 billion next year, and $2.7 trillion over the next decade.
Additionally, although annual budget deficits would decline somewhat between 2013 and 2015 under Obama's proposal, according to the CBO, after that they would start increasing again, going up every year from 2016 to 2021, the last year estimated by the CBO.
President Barack Obama says America does not need a balanced budget amendment to the Constitution, and he once again blamed much of the fiscal problem on Bush-era tax cuts.
“We don’t need a constitutional amendment to do our jobs,” Obama told reporters at his Friday news conference. “The Constitution already tells us to do our jobs -- and to make sure that the government is living within its means and making responsible choices.”
David Frum is bashing conservative Republicans again – this time for playing hardball with President Obama and using the debt ceiling deadline as blackmail to get what they want. Frum writes in a CNN.com op-ed that the GOP demand for "total surrender" by the president on the debt ceiling debate gives him "horrible flashbacks" to the party's staunch opposition to the health care bill – which failed – in what he deemed the conservatives' "Waterloo."
What details are jumping out at Frum to make him believe that the president is so utterly reasonable and Republicans are reckless in this debate?
First, he seems to bend over backwards to extol Obama's munificence, listing the president's "startling moves" in making concessions on Medicare and Social Security, and large spending cuts to boot.
With trillion dollar budget deficits as far as the eye can see, a balanced budget amendment is sounding pretty good to an overwhelming majority of Americans.
Apparently CBS's Bob Schieffer isn't amongst them, as he actually asked Sen. Dick Durbin (D-Ill.) on Sunday's "Face the Nation," "Why are you wasting time debating that?" (video follows with transcript and commentary):
Gloria Borger said this weekend the Tea Party has "hijacked" the GOP and in so doing prevented Barack Obama from becoming a "transformational president."
In her view espoused on the syndicated "Chris Matthews Show," without the Tea Party, "The John Boehners of the world [would have] cut a deal with the President of the United States" (video follows with transcript and commentary):
A couple of Sunday interview show hosts again forwarded White House talking points about the necessity to include taxes, I mean “revenues,” in any debt ceiling increase deal with ABC’s Christiane Amanpour focusing on a single poll she highlighted for ammunition the public is on her side while ignoring how, by two-to-one, the public opposes raising the debt ceiling at all.
CBS’s Bob Schieffer touted how President Obama has made “concessions” but, he sputtered, “I don't hear any concessions from people on the other side. They just say no taxes, and that’s their negotiating posture.” He demanded of Senator Marco Rubio: “Can you have meaningful reform here without increasing revenues in some way?”
In an unbylined update of the latest developments in the budget-tax-spending-debt ceiling discussions in Washington this morning, the Associated Press committed several blunders in attempting to explain what's going on and how we got to where we are. First and foremost was its list identifying "contributors" to the $8.5 trillion growth in the national debt since 2001.
Cokie Roberts got quite a lesson Sunday on why compromise can be a dirty word in politics.
When she asked Congressman Raul Labrador (R-Idaho) why compromise isn't a "message that you hear," the Tea Partier responded, "Why is it that compromise always means increasing taxes today and doing cuts in ten years from now?" (video follows with transcript and commentary):
When an adoring mainstream media suspend their fawning long enough to point out that he's lying, Barack Obama must realize his presidency is in trouble. That's what happened Friday night on CNN's Anderson Cooper 360 Degrees.
Naturally, Cooper began by claiming Republicans who argue Americans don't want higher taxes use polling data "that's just not true." No mention was made of this week's Rasmussen Reports survey showing 55 percent of respondents oppose a tax hike in any debt ceiling deal. But then Cooper turned to Gallup Poll findings used by Obama:
Per Reuters blogger James Pethokoukis, Goldman Sachs, demonstrating Democratic-friendly timing similar to that seen at the New York Times a month or so ago, published an extraordinarily gloomy economic forecast last night.
Here are some of the details he quotes:
"Following another week of weak economic data, we have cut our estimates for real GDP growth in the second and third quarter of 2011 to 1.5% and 2.5%, respectively, from 2% and 3.25%. Our forecasts for Q4 and 2012 are under review, but even excluding any further changes we now expect the unemployment rate to come down only modestly to 8¾% at the end of 2012."
On Friday’s World News on ABC, correspondent Jonathan Karl took a moment to go beyond the budget debate between House Republicans and President Obama with the GOP unwilling to support a tax increase, and noted that House Democrats have also been just as resistant to voting for cutting the growth of Medicare spending. But the same night's CBS Evening News focused on Republican reluctance to support some of the budget proposals and even gave the impression at one point that congressional Democrats were willing to curtail Medicare growth.
On ABC, after recounting some of the Republicans who have resisted voting for budget plans that have been brought up, Karl continued:
[Update, 11:10 am Monday July 18: Jenn Theis was identified on-screen by CBS as a "laid-off government worker." She wrote us to clarify that she was actually employed by a private business that is regulated by the Minnesota racing commission. Another guest from that segment, Chris Lapakko, wrote the author on Twitter on Saturday to call him a "dick."]
CBS turned to three Minnesota residents on Friday's Early Show for their take on the recent state government shutdown there, but their panel had a definite slant, as two out of three were state government workers, with one of them calling for "taxes on millionaires...to help the rest of us out." The third Minnesotan called on both sides to work it out. None of the three were clear conservatives.
Anchor Erica Hill interviewed Jenn Theis, Chris Lapakko, and Harley Reed during a segment 40 minutes into the 7 am Eastern hour, as they were sitting in a diner in Minneapolis. Hill first turned to Ms. Theis, who was identified on-screen as a "laid-off government worker," and asked her some softball questions about whether she was getting her job back and her feelings about the tentative resolution of the state budget impasse. The journalist also mentioned that the state employee has "gone through two weeks of no pay" and has a 13-month-old child.
Charles Krauthammer on Friday marvelously demonstrated just how in the pockets of Barack Obama America's news media are.
After claiming on PBS's "Inside Washington" that we now have a "completely compliant, pliant, supine press accepting every leak out of the White House," he silenced the entire panel by asking them to name one specific cut to entitlements the President has proposed (video follows with transcript and commentary):