Budget

Earlier today, NB's Lachlan Markey covered Bill O'Reilly's interview with the Fox Business Channel's Charles Gasparino.In that interview, Gasparino confirmed what the New York Post reported in April of last year, namely that "GE Execs Encouraged CNBC Staff to Go Easy on Obama."The suits at GE, including Chairman Jeff Inmelt, had a clear motivation for encouraging their reporters to lighten up,…

Republican Congressman Paul Ryan of Wisconsin has struck back at Paul Krugman calling the New York Times columnist "intellectually lazy."As NewsBusters reported Saturday, Krugman wrote an article the previous day castigating Ryan as "The Flimflam Man" calling the Congressman a "charlatan" and a "fraud" while claiming his "Roadmap" to balance the nation's budget was "drenched in flimflam sauce…

Keith Olbermann on Monday revised history to praise former President Bill Clinton and bash former House Speaker Newt Gingrich.In the opening segment of MSNBC's "Countdown," the host railed against a proposal by Republicans to once again reintroduce the balanced budget amendment. Olbermann pointed out to his tiny audience that this was "also pushed by then Speaker Newt Gingrich as part of the 1994…

Liberal publisher Arianna Huffington on Monday displayed an absolutely staggering ignorance of business, taxes, and economics.Appearing on MSNBC's "Countdown" to discuss Republican plans to stimulate the economy and curb the exploding budget deficits, Huffington was sarcastically asked by Keith Olbermann, "Does Huffington Post hire more people when your personal tax rate changes?"Realizing the…

As media make their case to the American people that the Bush tax cuts should expire, one of the strategies being employed is to claim that Republicans are refusing to "pay for" their extension.A perfect example of this tactic was seen on Sunday's "Meet the Press" when host David Gregory badgered House Minority Leader John Boehner (R-Oh.) on this subject for over three minutes.After playing a…

Despite unemployment sitting at 9.5 percent and over 3 million jobs lost since this President was inaugurated, Newsweek's Howard Fineman says the economic policies enacted by Barack Obama "were good ones and smart ones and saved the day."Chatting with MSNBC's Keith Olbermann on Friday's "Countdown," Fineman was nicely set up by the shill asking the questions."Does anyone -- can anyone actually…

Paul Krugman's Friday column in the New York Times attacked Rep. Paul Ryan of Wisconsin, who has dared to present an intellectually honest budget, as "The Flimflam Man." Joseph Lawler at the American Spectator calls it "unusually partisan even by Krugman's standards" and he's right; Krugman calls Ryan's efforts a "fraud," Ryan himself "a flimflam man" whose work is (zing!) "drenched in flimflam…

As a small number of so-called "moderate Democrats" voice opposition to raising taxes in the middle of a weak economic recovery, a movement is surfacing in the liberal media to shout them down and force the expiration of the Bush tax cuts. One such voice is Fareed Zakaria who used the Sunday CNN program bearing his name as well as a Washington Post op-ed Monday to make his dishonest case.…

George Will and Paul Krugman had another showdown about fiscal policy on Sunday, and the ABC contributor made it crystal clear to viewers that he doesn't agree with the perilously liberal New York Times columnist.As the Roundtable segment of "This Week" moved to a discussion of whether more economic stimulus is needed versus deficit reduction, Krugman made his predictable request for the former.…

PBS recently responded to accusations of a liberal slant to its July 23 Need to Know program which featured satirist Andy Borowitz making fun of Sarah Palin’s intelligence as the show's executive director Shelley Lewis claimed that, because the previous week's episode had featured a segment that was critical of President Obama, the program in reality has been balanced in going after political…

It would appear that someone at CNBC listened to the Mark Levin Show on Thursday. Either that, or someone at the network paid attention to his or her e-mail alerts and read my post that went up in the wee hours Friday morning (at NewsBusters; at BizzyBlog). Likely in response to our criticisms, CNBC has revised and "clarified" a report by CNBC staff writer Jeffrey Cox. The network's revised and…

CNBC.com's Jeff Cox needs to brush up on his financial history. He believes that George W. Bush's 2001 and 2003 tax cuts affected only the highest-earning taxpayers, i.e., those who gross $250,000 a year of more. He's wrong. Here's part of what Cox posted this morning (erroneous statement is bolded; HT to Mark Levin in his Thursday broadcast): Letting Bush Tax Cuts Die Would Kill Recovery:…

Chris Matthews on Monday got a much-needed lesson from Rep. Paul Ryan (R-Wisc.) on how tax hikes impact the budget as well as the economy."Congressman Ryan, is there any tax role for reducing our $1.4 trillion to $1.7 trillion debt this year -- deficit this year?" Matthews asked during the 5PM installment of MSNBC's "Hardball." "Is there any role in tax increasing to help do that job?"When Ryan…