Budget

Two ABC News stars have proven, once again, the media’s obsession with raising taxes over any effort to cut a cent of spending. Two days after the election, anchor Diane Sawyer repeatedly pushed House Speaker John Boehner to move away from a conservative position and agree to President Obama’s wish to hike income tax rates, but on Sunday’s This Week, Martha Raddatz refused to press House…

NBC Tonight Show host Jay Leno took a swipe at his own sister network and the President Thursday. During his opening monologue, Leno said, "The economy is so bad MSNBC had to lay off 300 Obama spokesmen" (video follows with transcript and commentary):

Earlier today (at NewsBusters; at BizzyBlog), I noted how several reports from the Associated Press, aka the Administration's Press (here, here, and here) buried the major news about President Obama's opening demand to Congress over resolving the "fiscal cliff" of tax hikes scheduled to take effect on January 1. His demand for $1.6 trillion in tax increases over the next ten years is twice what…

When it comes to reporting on the what the White House wants to achieve in talks with Congress about averting the "fiscal cliff," one apparent theme at the Associated Press, aka the Administration's Press, has been "Bury the lede about the size of Obama's tax increases." I'll cover another theme ("Let them get away with misstating the 'balanced approach'") in a later post. President Obama now…

Investors were clearly displeased with Barack Obama's comments Wednesday about raising taxes on the top two percent of wage earners. In fact, stocks began to drop during the President's press conference, and then tanked once he was done (chart courtesy BigCharts.com).

Well, there's one little bit of good news in Martin Crutsinger's final report on yesterday's release of the federal government's October Monthly Treasury Statement (I did a review of his initial take yesterday [at NewsBusters; at BizzyBlog]). The good news is that Crutsinger, unlike in most months during the past several years I have reviewed such reports, actually identified the single-month…

Unless today is a total surprise and runs contrary to most of what we've seen during the past four years, President Obama will go through another "news conference" without a great deal of difficult or aggressive questioning from the assembled press corps. Carrie Budoff Brown and Josh Gerstein at the Politico seem to think otherwise, and have produced a lame list of seven questions they think…

Oh, now they tell us. As Republicans lick their political wounds, Democrats bask in the glory of winning what was suppose to be a highly contested election, and Washington is abuzz about the looming fiscal cliff which will plunge millions of Americans into higher taxes, The New York Times’ Jonathan Weisman wrote today that liberals are now seeing some of Romney’s economic agenda as beneficial…

The government's October 2012 Monthly Treasury Statement was released at 2 p.m. It tells us that the government took in $184 billion ($21 billion more than last year) while spending $304 billion ($43 billion more), leaving a $120 billion deficit. That's 22% higher than the October 2011 shortfall of $98.5 billion. The early report from the Associated Press's Martin Crustinger predictably tells…

Consider it a grim, hidden, unreported milestone, and yet another media failure. The grim milestone relates to the increase in food stamp enrollment during the Obama administration. As Dave Gibson at Examiner.com noted on Saturday, the administration and campaign (as if there was any difference) did not release program participation data for August until three days after the election, roughly…

Sounding more like a Democratic strategist on Sunday's Meet the Press than NBC's political director, Chuck Todd urged President Obama to force congressional Republicans into a corner on the fiscal cliff: "...go do it with 65-70 members of the Senate, cut the deal, bring it over to the House....box Boehner in....did the President learn anything from his first term about how to deal with…

Stop the presses! Stop the presses! The Washington Post's Bob Woodward on The Chris Matthews Show Sunday not only called Democrat visions of balancing the budget by raising taxes on the rich a "fantasy," but he also said "there is a way to...raise more revenue and perhaps lower the rates" (video follows with transcript and commentary):

On Sunday's 60 Minutes, CBS's Steve Kroft tried to paper over Democratic Senate Majority Leader Harry Reid's role in fostering deadlock in the Senate. Kroft spotlighted Reid's "responsibility" for setting the body's agenda, but quickly added that the Nevada senator has "just as much of a responsibility as Senator McConnell - to make the system work and to do some things." The correspondent…

The ignorance and blind sycophancy of Bill Maher knows no bounds. On HBO's Real Time Friday, the man who proudly gave a million dollars to Barack Obama's Super PAC said on national television, "Who cares what somebody in his administration wrote down on a piece of paper and predicted?" (video follows with transcript and commentary):