Budget

Syndicated columnist Mark Shields said Friday that today's low income tax rates are "fundamentally un-American." Such happened on PBS's "Inside Washington" (video follows with transcript and commentary):

As has been the case virtually from the beginning, the Associated Press's Scott Bauer has been clearly unhappy with 2011 Wisconsin Act 10, commonly known even to the Wisconsin Supreme Court as the "Budget Repair Bill." Today, the court ruled that the law as enacted by the Badger State's legislature and signed by Governor Scott Walker can go into effect on July 1. Looking back at what's…

CBS hounded four Republicans from the left during a town hall on the economy which aired on Tuesday's Early Show. Bob Schieffer, Erica Hill, and Rebecca Jarvis pressed Reps. Paul Ryan and Allen West, Senator Tom Coburn, and South Carolina Governor Nikki Haley to consider tax hikes to deal with the deficit. Schieffer also specifically accused the three members of Congress of "doing nothing" to…

UPDATE AT END OF POST: Headline changed to "Goofy." The next time one of your liberal friends tells you there isn't any bias in the media, show him or her the following headline published Tuesday by CNN Money's senior writer Jeanne Sahadi. "Wingnut Debt Ceiling Demands" was actually placed directly above a picture of Republican presidential candidate Newt Gingrich, former Alaska governor…

CNN's Eliot Spitzer arrogantly lectured about the benefits of Keynesian economics Sunday while accusing fellow panelists on "Fareed Zakaria GPS" of not knowing what they were talking about because they weren't business owners. This led British historian Andrew Roberts to point out that President Obama's administration are mostly academics, and Ann Coulter to ask Spitzer, "What business have…

Our friends and colleagues at CNSNews.com are unveiling a new regular feature devoted to showcasing ridiculous government spending projects called the "Golden Hookah Award." We'll be helping to spread the word to help everyone on the web try to get a handle on what our government officials are smoking. The first recipient of the Golden Hookah is a project funded by the National Institute on…

Hollywood actress Jennifer Garner applauded President Barack Obama for already committing $500 million to federally funded education programs for "toddlers" but argued that it is "not enough."

MSNBC's Andrea Mitchell scolded Republican presidential candidate Tim Pawlenty today over the former Minnesota governor's proposed plan to reduce taxes and cut spending, decrying the conservative measures as "counterintuitive." "What makes you think that a plan to actually increase the deficit by cutting taxes is the right way to go right now?" groused NBC's chief foreign affairs…

Author Ann Coulter sparred with Joy Behar on Reaganomics on Wednesday's episode of The View.  "How are you going to solve it if you don't have any revenue coming in?" asked Joy Behar of the conservative commentator, who is currently promoting her latest book, Demonic.  "When Reagan cut taxes, each year, as the taxes went down, revenue to the treasury went up"  Coulter responded. As The View'…

In his newest CNN.com op-ed titled "Don't Doom GOP's Chance to Win in 2012," David Frum clearly outlines the Republican Party's best chance for victory – if they don't come off as "Medicare-annihilating racist maniacs." He then goes about making the case that Republicans are doing just that. "It is Tea Party conservatism itself that is Obama's last, best hope for a second term," Frum boldly…

"I am fairly certain that when Paul Ryan first decided to publicly share his admiration of Ayn Rand, he could not have imagined it would lead to him speed-walking to his SUV to avoid a young Catholic trying to give him a Bible and telling him to pay more attention to the Gospel of Luke," Time's Amy Sullivan snarked in a June 3 Swampland blog post.  

Looking at government as the best job creator, on Sunday’s This Week ABC’s Christiane Amanpour pushed her guests to agree the stagnant economy and growing unemployment argue for less concern about controlling federal spending and demonstrate the need for “another stimulus” big spending effort. Amanpour was undeterred by the failure of the ongoing “stimulus” spending pushed by President Obama…

As no clear frontrunner emerges in the Republican presidential nomination race, the liberal media are in a full-scale panic over the thought that the former governor of Alaska might eventually enter and challenge their beloved president in November 2012. On Sunday, "Face the Nation's" Bob Schieffer asked Mississippi Governor Haley Barbour with some incredulity, "Could you ever envision…

Fox News's Greta Van Susteren on Saturday took issue with New York Times columnist Charles Blow's recent piece "False Choice." In it, the perilously liberal commentator criticized Republicans for wanting to solve the nation's economic woes with a mixture of tax and spending cuts: