Budget

Liberal media members opposed to President Obama's tax cut compromise plan have been making the case that it's hypocritical of the Tea Party not to be universally against the measure given its impact on the deficit. After Ed Schultz and Bill Press not surprisingly took this view on Monday's "Ed Show," Michael Medved gave them both a much-needed education on the subject (video follows with…

One of the press's longest campaigns to systematically obfuscate the truth about a specific government program is the one that has protected Social Security from reasonable scrutiny for most of the 75 years of its existence. The Associated Press's Stephen Ohlemacher did his part to continue the misdirection in his coverage of the possible effects of the payroll tax cut President Obama and…

The award for Best Line of the Weekend goes to Wall Street Journal editorial page editor Paul Gigot who on Sunday's "Meet the Press" offered a delicious irony concerning Friday's surprise press conference hosted by Barack Obama and Bill Clinton. "I love the symbolism of two Democratic presidents--not one, but two--endorsing Bush tax cuts, saying, 'We need them crucially to help the economy' (…

A New York Times "Learning Network" graphic informs us that under the proposed Obama-GOP tax and spending compromise, "rates will not change for at least two years for anyone." Wow. Somebody at the Learning Network needs to tell the Old Gray Lady's beat reporters, editorial board, and opinion columnists. Just today, reporter Helene Cooper, in noting how Vice President Joe Biden is playing a "…

How can you cover a story about Uncle Sam's November Monthly Treasury Statement and the proposed Obama-GOP compromise on taxes and unemployment benefits without using the words "spending," "receipts," any form of "collect," or "unemployment"? It's a neat trick, but the Associated Press's Martin Crutsinger pulled it off in his Friday afternoon dispatch shortly after the government report's…

The staggering ignorance and/or blatant dishonesty of liberal economic commentators never ceases to amaze me. Consider the following item from former Clinton labor secretary Robert Reich published at the Huffington Post moments ago (picture courtesy Life magazine):

Charles Krauthammer on Friday scolded Mark Shields and other liberals for "moaning and bitching" about the President's compromise tax plan after months of demanding the White House implement a second stimulus package. After Shields on PBS's "Inside Washington" predictably criticized Obama for agreeing to extend the Bush tax cuts on the so-called rich, Krauthammer marvelously struck back (…

Jami "Sarah Palin is an extraordinary ass" Floyd made her best pitch for an Obama White House gig this morning, charting a course for the president's rehabilitation before the 2012 election and chastising the Republicans's "Bah! Humbug!" tax compromise. Chris Jansing, anchor of MSNBC's "Jansing & Co.," asked Floyd to assess the argument some Democrats are making that the president should…

On Friday, all three network morning shows expressed sympathy for protestors in London rioting against college tuition increases, despite a Thursday attack on the royal family. While CBS's Early Show, ABC's Good Morning America, and NBC's Today all reported on security concerns over Prince Charles and wife Camilla, each broadcast also lamented Britain's "drastic new budget cuts." At the top…

Lawrence O'Donnell on Tuesday surprisingly exposed how ignorant liberals are of the tax code. In a sometimes heated discussion with prominent progressives about President Obama's new compromise tax plan, "The Last Word" host aggressively challenged the knowledge of two of his guests (video follows with transcript and commentary):

MSNBC's Chuck Todd on the December 7 "Daily Rundown" was uncharacteristically heated in his opposition to the compromise between President Barack Obama and congressional Republicans on extending the Bush tax rates. Interviewing a Treasury Department official, Todd used flawed statistics to malign the proposed two-year extension of tax breaks for all families as unacceptably expensive. "…

Brian Williams adopted a liberal framework as he opened Monday's NBC Nightly News by declaring “it’s a fair question to ask and for a while now Americans have been wondering how lawmakers in Washington could possibly extend tax breaks for wealthy Americans while allowing benefits for jobless Americans to be cut off.” Then, after Chuck Todd outlined the Obama-GOP compromise to maintain income…

The Washington Post's Robert J. Samuelson in his Monday column scolded President Obama's deficit commission in a fashion that should be must-reading for every American, especially liberal media members. At issue for Samuelson wasn't the cost-saving or revenue-generating ideas in the plan. Instead, he accurately pointed out that it lacked a coherent message as to why our social programs are…

Charles Krauthammer on Monday said that when Barack Obama spoke to the nation hours ago to announce a tax extension compromise just reached with Republicans, "It was actually a speech addressed at Daily Kos, the New York Times, and MoveOn." In Krauthammer's view expressed on Fox's "Special Report," "This was a speech aimed at appeasing the Left which is extremely angry over this" (video…