While the prevailing argument on Capitol Hill right now is not whether to cut federal spending but rather what programs to cut, CNNMoney is fretting over the very concept of spending cuts. You read that right, while both political parties hash out spending cuts to chip away at the growing deficit, CNN is arguing for more government spending to stimulate the economy. Apparently, President Obama's economic policies weren't carried far enough.
"If the debt ceiling goes up, government spending is most likely going down. And with the economy grinding to a halt, the timing couldn't be worse," CNNMoney's Charles Riley begins his column.
CNN, both on-air and on its website, highlighted how Democratic leaders and President Obama spoke more than twice as long as Republican leaders at Thursday's health care summit. CNN.com's Political Ticker on Thursday noted how Republicans "spoke for just 111 minutes, about 30 percent of the total speaking time." The statistic was also cited on Campbell Brown on Thursday and American Morning on Friday.
The network's Jeff Simon and Charles Riley put up a six-paragraph article on the lopsided figures on CNN.com at 7:12 pm Eastern time: "A CNN analysis of the meeting shows that Democrats - including President Obama, who helmed the meeting - were granted more than twice the amount of speaking time as Republicans. Democrats spoke for a total of 135 minutes while President Obama spoke for 122 minutes, for a total of 257 minutes. Republicans, meanwhile, spoke for just 111 minutes, about 30 percent of the total speaking time."