Budget

On Wednesday's CBS Evening News, Dean Reynolds highlighted sob stories surrounding the current shutdown of the Minnesota state government, providing a possible template of how the mainstream media would cover a potential federal government shutdown if the debt ceiling issue isn't resolved by August 2. Before getting to Reynolds's report, substitute anchor Russ Mitchell played a clip from his…

It has been widely reported that President Barack Obama walked out of Wednesday night's debt limit meeting, but MSNBC's Martin Bashir on Thursday was in complete denial that the Democratic president, who's merely "exasperated by Republicans playing this dangerous game," would conduct himself in such a way. During his daily "Clear the Air" segment, Bashir offered mounds of incredulity but not…

Last night (at NewsBusters; at BizzyBlog), I noted that the State of Minnesota, where the government is shut down but spokesman for the Department of Public Safety Doug Neville is somehow still working, is demanding that MillerCoors pull its products from Gopher State store shelves within days, and identified a number of questions non-inquisitive Minneapolis Star Tribune reporter Eric Roper…

Joe Scarborough took Morning Joe co-host Mika Brzezinski to task Thursday over the ongoing debt negotiations. "[Republicans] already have given specifics on the Paul Ryan Medicare plan which was political suicide for a lot of Republicans. They took that hard vote. What hard vote have Democrats made on the debt over the past year? Name one. Name one vote" said Scarborough. [VIDEO BELOW THE…

Two days after Anderson Cooper described President Barack Obama as the "adult" in a room of unruly Republicans, Obama reportedly stormed out of a heated discussion on debt negotiations yesterday due to his frustration with House Majority Leader Eric Cantor. Also yesterday came a stern reminder from House Minority Leader Nancy Pelosi that the president has repeatedly listened to the concerns…

 On Wednesday’s The Ed Show, MSNBC analyst and Bloomberg View columnist Jonathan Alter claimed that the "massive tax cuts" of the Bush administration did not create jobs, and went on to credit former President Clinton for the low unemployment rate that existed during the Bush years. He ended up lecturing fellow panel member Judson Phillips of Tea Party Nation that Tea Party activists would…

America's only admittedly socialist member of Congress said Wednesday that he disagreed with President Obama's comments concerning Social Security checks possibly not going out on August 3rd if the debt ceiling isn't raised. When Sen. Bernie Sanders (I-Vt.) said he felt checks to seniors and disabled vets would be issued no matter what, the host of MSNBC's "The Ed Show" responded, "So you…

At the Associated Press, the task of reporting on the official results of Uncle Sam's June Monthly Treasury Statement fell to Christopher Rugaber instead Marty Crutsinger. Next time, Chris, tell us what happened in the month you're covering instead of going almost exclusively with the federal government's year-to-date results. If Rugaber had looked more closely at June, he would have had to…

Well, I guess it's getting serious now in the melodrama known as the Minnesota state government shutdown. If the Gopher State shutdown goes on much longer, hundreds of bars and restaurants will lose their ability to serve alcohol because they can't renew their liquor licenses. Worse, as reported by Eric Roper at the Minneapolis Star Tribune, MillerCoors, whose "brand license" somehow expired…

Chris Matthews on Wednesday gave a lesson on utterly shameless fear-mongering. In the final segment of MSNBC's "Hardball," the host said, "Failure to act on the debt ceiling will create a horror for our country, a horror we’ve never seen before" (video follows with transcript and commentary):

James Pethokoukis of Reuters published a chart Tuesday demonstrating exactly why all the hysteria about a debt default or missing Social Security check payments is a bunch of nonsense. If America's news outlets were actually interested in disseminating the truth rather than fear-mongering, this chart or something like it would be part of every report involving the debt ceiling:

The New York Times's chief economics writer David Leonhardt proposed his usual solution – tax hikes – to the ongoing budget and debt-ceiling battles between congressional Republicans and President Obama in his confidently titled Wednesday column “Why Taxes Will Rise In the End.” Leonhardt struggled to ponder why his fellow citizens stubbornly refuse to raise the debt ceiling. Polls show that…

New York Times reporter Jackie Calmes’s latest front-page story on the budget battle displayed typical Times’s labeling bias, with “angry conservatives” but no liberals. Calmes also paid the Republican leadership a backhanded compliment for trying to stop their conservative base from provoking a financial crisis. On Tuesday, Calmes claimed on the front page that Obama was “repositioning”…

As a result of Scott Pelley's interview with President Obama on the "CBS Evening News" Tuesday, the media are once again scaring seniors with the absurd notion Social Security checks won't go out in August if the debt ceiling isn't raised. An examination of the video and transcript of the relevant sections of this exchange bring into question whether or not that's actually what the President…