Taxes

If you believe every word uttered by hysterical news anchors and political commentators lately, you would think the world ends August 2nd if the debt ceiling isn't raised. Not only isn't this true, it's another indication of the press's total ignorance about our nation's budget and/or their willingness to lie to the American people in order to get taxes raised. Let's start our truth dig by…

There was a truly delicious moment on this weekend's "McLaughlin Group" that's guaranteed to please conservatives from coast to coast. During a heated discussion about President Obama's call to end tax breaks for corporate jet purchases, Pat Buchanan and John McLaughlin literally silenced Newsweek's Eleanor Clift much to her dismay (video follows with transcript and commentary):

There are times when the idiocy oozing from the mouths of America's television commentators sickens me. Consider Fareed Zakaria, who after telling NPR Friday, "CNN is getting smarter," actually said on the program bearing his name two days later that allowing the Bush tax cuts to expire "would provide the federal government with $3.9 trillion in revenues over the next decade and basically…

Weekend coverage emanating from Minnesota via Reuters and the Associated Press is doing its level best to run interference for Democratic Governor Mark Dayton, who has chosen to shut down the government rather than sign a budget which does not include tax increases.

On Thursday's CBS Evening News and Friday's Early Show, CBS glossed over President Obama's aim to break a campaign promise with a proposal to raise taxes on people who make less than $250,000 a year. Both Chip Reid and Bill Plante noted that "the White House is also insisting on...a limit on deductions for people...making more than $200,000 a year," but didn't reference the Democrat's 2008 tax…

On the July 1 edition of "Martin Bashir," the MSNBC anchor after which the show is named made a statement that reveals a great deal about his worldview. [Video after break]

With a month to go before the next supposedly "drop dead date" regarding the nation's debt ceiling, liberal media members are out in force with hysterical claims about the world ending if Congress isn't free to spend more money it doesn't have. Ever the faithful shill, New York Times columnist Paul Krugman did his part Friday cautioning that any spending cuts at this time "would destroy…

Unfortunately for Dylan Ratigan, close only counts in horseshoes and hand grenades. The MSNBC anchor nearly stumbled onto a valid point on Thursday's "Dylan Ratigan Show" – reporting that California's new Internet sales tax could cost thousands of jobs and millions in tax revenue – until he proposed solving this dilemma with a national Internet sales tax.

NBC's Today and CBS's Early Show on Thursday turned to Obama advisor David Plouffe on Thursday to offer his spin on the President's 67-minute presser on Wednesday, instead of interviewing Republicans. Both shows failed to press their guest about Obama's part in raising the nation's debt. NBC's Matt Lauer did toss some hardball questions at Plouffe on the President's "ownership" of the economy…

CNN's Ali Velshi called out "hold on" five times at a Republican before he repeated liberal talking points on tax policy on Thursday's edition of American Morning. "We don't tax too much. Let's just stop that for a second," Velshi said after cutting off Republican strategist Jim McLaughlin. McLaughlin had  told the American Morning panel. "We spend and we tax too much." [VIDEO BELOW THE FOLD]

At the top of Thursday's NBC Today, co-host Ann Curry proclaimed: "President Obama calls out Congress to strike a deficit reduction deal during a feisty news conference." Moments later, fellow co-host Matt Lauer added that the President "gave Congress a pretty good tongue lashing on Wednesday." Curry further described how Obama "rebuked Congress for taking recesses instead of tackling…

Jon Stewart Wednesday finally stopped responding to the aftermath of his performance on "Fox News Sunday" and tried to make amends with a somewhat bipartisan segment bashing the President for his budget solutions as well as both parties for not getting anything done. Toward the end of the opening "Daily Show" sketch, after a video clip of Senate Majority Leader Harry Reid saying, "My…

“The problem is this issue with the House Republicans,” NBC’s Chuck Todd declared Wednesday night in naming the culprit blocking help to Americans whom anchor Brian Williams asserted “are hurting every day and hoping for a result to make their lives better.” In a story on President Barack Obama’s press conference, Todd maintained Obama and the Senate could come together, but he blamed the…

MSNBC's Martin Bashir, who once argued Sarah Palin's bus tour was in "breach of federal law," attacked Sen. Mitch McConnell (R-Ky.) on Wednesday, wondering if the 69-year-old Republican is "suffering some kind of mild dementia or long-term memory loss?" Excoriating McConnell for rejecting tax increases as part of a potential budget deal, the former ABC "Nightline" anchor regurgitated a litany…