National Debt

Meet the Press: 'Debt Slayer' Obama Willing to Compromise, GOP Just Sa
July 11th, 2011 3:34 PM
During the roundtable discussion on Sunday's NBC Meet the Press, liberal Washington Post columnist Eugene Robinson claimed the fight over the debt ceiling would be a political "winner" for President Obama, prompting host David Gregory to declare that the commander in chief would look like "the debt slayer."
Gregory then turned to chief White House correspondent Chuck Todd and wondered why…
NBC's Gregory Grills Pawlenty on GOP 'Purity Test' on Taxes
July 11th, 2011 12:35 PM
In an interview with Tim Pawlenty on Sunday's NBC Meet the Press, host David Gregory cited New York Times columnist David Brooks slamming Republican opposition to tax increases in debt ceiling negotiations as "fanaticism" and proclaimed: "There is this purity test which is no tax increases, no revenue increases at all."
Pawlenty responded by pointing out Brooks's liberal leanings: "Well,…

The Crucial Question David Gregory and Bob Schieffer Didn't Ask Timoth
July 10th, 2011 11:41 PM
Treasury Secretary Timothy Geithner was the featured guest on both CBS's "Face the Nation" and NBC's "Meet the Press" Sunday.
For some reason, hosts Bob Schieffer and David Gregory didn't ask the most important question every person in the world currently following the debt ceiling is dying to know the answer to:

Chuck Todd: Limbaugh Couldn't Win GOP Nomination - Doubtful Palin Coul
July 10th, 2011 6:24 PM
David Gregory decided to have a very fair and balanced roundtable discussion at the conclusion of Sunday's "Meet the Press" exclusively with the perilously liberal Washington Post columnist Eugene Robinson and the equally left-leaning Chuck Todd of NBC News.
With the subject being Newsweek's new cover story about former Alaska governor Sarah Palin, Todd mysteriously made the case for how slim…

Howard Kurtz: Media Giving Republicans a Pass for Blocking Deficit Dea
July 10th, 2011 2:26 PM
As you've watched and read media reports concerning the debt ceiling, have you gotten the feeling the press have given Republicans a pass for standing strong in their pledge to not raise taxes?
CNN's Howard Kurtz thinks they have, and said so quite often on Sunday's "Reliable Sources" (video follows with transcript and commentary):

George Will to Donna Brazile: Obama and Dems Have Kicked Deficit Can S
July 10th, 2011 11:49 AM
Democrat strategist and ABC contributor Donna Brazile on Sunday predictably blamed the current debt ceiling impasse on Republicans and their refusal to raise taxes.
This led George Will to state what would be obvious to all media members if they weren't so in the tank for Barack Obama, namely that he and his Party have been kicking the deficit can down the road so long they're guilty of "can…

Bob Woodward: World Doesn't See America As 'The Grown-up Nation' Anymo
July 10th, 2011 12:48 AM
Bob Woodward thinks the world doesn't hold the United States in very high regard anymore.
Appearing on the syndicated "Chris Matthews Show" this weekend, the Washington Post's most recognizable journalist said, "I’m not sure the United States has been looked at as the grown-up nation for a long time...You travel around the world a little bit, and, and there’s, there’s not even tough love for…

Coulter Exposes Maher As An Environmental Hypocrite
July 9th, 2011 8:13 PM
Bill Maher on Friday proudly equated the Casey Anthony verdict with Republican thinking.
Unfortunately for him, conservative author Ann Coulter was present, and when she got the chance to respond during the internet-only Overtime segment of HBO's "Real Time," she nicely exposed some of the host's most delicious hypocrisies (video follows with transcript and commentary):

'Countdown to U.S. Debt Default' Clock at ABCNews.com
July 9th, 2011 3:31 PM
It's one thing to report dishonestly. It's another to proudly display it.
The front page of the ABC "World News" website now contains a "Countdown to U.S. Debt Default' clock:

WaPo's Robinson: Solve Deficit With Tax Hikes, Defense Cuts and Univer
July 8th, 2011 11:01 AM
Eugene Robinson's column in Thursday's Washington Post should have been placed in that paper's funnies section rather than the opinion page.
His solution to our nation's deficit would be laughable if it wasn't so gosh darned scary:

NYT: Debt Ceiling Woes Caused By Bush Tax Cuts and GOP Refusal to Rais
July 8th, 2011 9:53 AM
The New York Times on Friday once again proved itself to have absolutely no clue how budgets work.
In its editorial "Negotiating the Debt Ceiling on a Knife's Edge," the Times - like so many other math-challenged "news" organizations in America today - blamed the current debt ceiling woes on the Bush tax cuts and Republican refusal to raise revenues:

Flashback 2004: Chris Matthews and Andrea Mitchell Think Raising Debt
July 8th, 2011 12:20 AM
MSNBC's Chris Matthews and Andrea Mitchell have been telling viewers in recent days that Republicans considering blocking an increase in the debt ceiling could be creating a financial crisis.
Seven years ago after George W. Bush was re-elected and the debt ceiling had been raised in November 2004, the perilously liberal couple felt Republicans should be "embarrassed" for having done so (…

David Gregory's Obama-Spin of the Day: If Democrats Make the Hard Choi
July 7th, 2011 1:02 PM
NBC's David Gregory challenged House Majority Leader Eric Cantor on Thursday's Today show, insinuating that Republican efforts to include tax cuts along with closing tax loopholes is not an effective compromise if Democrats are willing to cut entitlement spending.
Gregory seemed to frame the debate around whether Republicans would make the "tough" choice of not cutting taxes, since Democrats…

Reuters Ignores Projected August Debt Payments in 'Exclusive' About Pr
July 7th, 2011 10:21 AM
Reuters on Thursday issued what it called an "exclusive" report about the Treasury department "secretly" weighing options to avert a default if the debt ceiling isn't raised by August 2nd.
In the piece, the authors shared with readers the amount of tax revenue Treasury projects it will collect in August as well as projected Social Security payments, but conspicuously ignored what the…