Budget

Congressional reporter Carl Hulse took the Democrats' side in a running controversy over federal spending involving Sen. Jim Bunning of Kentucky. Until Tuesday night Bunning, a Republican not running for releection, had flummoxed and angered the Democrat majority (and the media) by employing a legislative tactic to block a new spending bill that would have extended funding on a variety of fronts…

On Wednesday's CBS Early Show, Face the Nation host Bob Schieffer ranted against Republican Senator Jim Bunning's opposition to a spending bill: "it's unconscionable what has happened here....this is about politics. It is not – it was not about anything of substance." [Audio available here]Co-host Maggie Rodriguez began the segment by explaining that Bunning had stopped blocking the legislation…

The deficit for last year was 1.4 trillion dollars. The deficit rose as a share of the gross domestic product from 3.1 percent in 2008 to 9.9 percent in 2009, the highest deficit as a share of GDP since 1945. The projected deficit for the fiscal year that ends in September is another $1.3 trillion. So much for all that fiscal sanity blather from Team Obama in ‘08. How dishonest. Even worse, there…

For the second straight night, ABC's World News scolded Senator Jim Bunning for daring to block a $10 billion spending bill until it is offset by cuts elsewhere, parading out victims as Diane Sawyer and Jonathan Karl painted him as a nuisance “even fellow Republicans” – that would be a liberal one – oppose. (After the EST broadcast, news broke that Bunning has agreed to some sort of deal.)Sawyer…

Just days after Rick Sanchez and his producer asked for "hardship stories" online, CNN's Anderson Cooper 360 program on Tuesday looked for people who have lost their unemployment benefits due to Republican Senator Jim Bunning's opposition to a $10 billion emergency measure which would have extended benefits.The unsigned entry on the AC360 blog, which was posted on Tuesday afternoon, first…

Reporting on Republican Kentucky Senator Jim Bunning blocking spending legislation over deficit concerns at the top of Tuesday's CBS Early Show, co-host Harry Smith proclaimed: "Congressional quagmire. Democrats blame one Republican senator for preventing thousands of federal workers from working."In a later report, White House correspondent Chip Reid continued to assail Bunning: "The White House…

A retiring Senator not facing re-election stood up last week for principle, insisting new federal spending be covered by a matching reduction elsewhere, but instead of hailing Senator Jim Bunning as a “maverick” making sure the ruling party adheres to its promise new spending will be “paid for,” television network journalists on Monday night painted him as an ogre, focusing on the presumed…

Fareed Zakaria used his CNN program Sunday to campaign for a national sales tax.This came just two weeks after he absurdly accused the tax cuts implemented by George W. Bush of being the biggest cause of today's budget deficit. Zakaria began the most recent installment of "GPS" by first discussing how great a country America is, but "we have big problems.""[T]he biggest one, by far, the one to…

Yesterday (at NewsBusters; at BizzyBlog), I noted Fannie Mae's $72 billion loss announcement and the ward of the state's simultaneous $15.3 billion handout request. Late Friday was also the occasion for the release by the Treasury Department of the "2009 Financial Report of the United States Government." The report shows how seriously the government's financial situation deteriorated during the…

After the closing bell on Friday, just in time for everyone to stop paying close attention, mortgage behemoth and ward of the state Fannie Mae ("Fan") released its fourth-quarter and full-year financial results. Its press release (PDF) informs us that its $74.4 billion loss in 2009 (inclusive of dividends paid to the government) followed a $58.8 billion loss in 2008. For those keeping score at…

All this week CNN has been taking a look at “Broken Government” and in some cases the cable channel deviated from the mainstream media norm by providing a critical view of government.That was the case on Feb. 23 when Wolf Blitzer and Lisa Sylvester scrutinized lavish pension-plan and retirement-packages for government officials during “The Situation Room.” “Many Americans will spend half a…

Americans have been so bombarded with the word "crisis," it appears to have lost all meaning. But according to a distinguished scholar at the Cato Institute, there is a real, serious crisis pending in America's addiction to entitlement programs, government-dependence, and imaginary "rights" to live off future generations. "You will have to look into the future, do the responsible thing, and…

Hosting Sunday’s This Week on ABC, Terry Moran noted during the past week the Obama administration “fanned out across the country” to trumpet how “the stimulus worked,” yet President Obama “sounded a little frustrated that people don't get it” as, Moran fretted: “What did they do wrong? They're playing defense on what was one of their major accomplishments.”Earlier in his interview with…

When this arrived at my e-mail inbox Sunday, I thought a usually reliable tipster was playing a joke on me.But after reviewing the video and transcript of this morning's "Reliable Sources" on CNN, it's become apparent that Howard Kurtz really did ask two of his guests if the press is currently going soft on the Republican Party."Every day, every week the media -- and that includes this program…