Tag Archives: Joint Select Committee on Deficit Reduction

Obama’s deficit reduction plan not as shitty as thinking Americans feared

By Mark | September 19, 2011

As promised, Barack Obama unveiled his administration’s new deficit reduction plan this afternoon, in the White House rose garden. [Those who want the facts can find an outline of the plan on the White House website. A PDF of the entire proposal can be found there as well.] From what I can tell, it marks […]

Posted in Economics, Politics, Uncategorized | Also tagged budget cuts, Buffett Rule, Bush tax cuts, Chuck Schumer, class warfare, deficit, deficit reduction, Deficit Reduction Super Committee, grand bargain, job creation, John Boehner, John Fleming, math, Medicaid, Medicare, Mitch McConnell, Obama, Paul Ryan, political hardball, tax loopholes, tax the rich, theology of tax cuts, veto | 30 Comments

Warren Buffett calls for shared sacrifice from the rich; Obama agrees, but will the Super Committee of 12

By Mark | August 15, 2011

It’s not exactly breaking news, as billionaire Warren Buffett has been saying for years that the wealthy need to pay more in taxes, but it seems as though this time a few important people, including the President, are paying attention. The following clip comes from Buffett’s op-ed in today’s New York Times: Our leaders have […]