Readers here will know more about the US federal government income statement than I. However, given the near ubiquitous deficit hysteria, I wanted to illustrate the truth about the budget…

The Office of Management and Budget annually releases the President’s Budget as a baseline proposal for the next Fiscal Year. If the Congress is in whole or in part in…

…billion within the Medicaid budget. Oh, and this is a minimum directive given to the committees of jurisdiction as noted in their 58 page budget outline they just passed. This…

…the President. But Thrush notes that this shouldn’t be the case, since the contraction was the result of spending cuts, which in theory should undermine the GOP argument that we…

…the popular vote and contested state counts, the GOP claimed a mandate to keep going with the fiscally irresponsible program of high military spending combined with tax cuts particularly advantageous…

…their health insurance to name one) without knowing what might come next. That the GOP continues to oppose the law means that there remains uncertainty, although those ranting about uncertainty…

…ones (maybe) when filed–but they hadn’t counted on vicious attacks from the GOP right that questions his vulture capital millions and his top1% effective tax rate. That’s what happens when…

…Steinhauer & Pear, Senate Leaders Agree to a Two Month Extension of the Payroll Tax Cut, New York Times (Dec. 16, 2011). The GOP strategy is to obstruct and demand–one…

by Linda Beale More on the White House “deal” on tax cuts crossposted with Ataxingmatter Dan Shaviro, a colleague at NYU, ends up being hopeful about the Obama-GOP deal. See…

…renewed focus on spending,” starting with how the GOP is making noises about cutting spending to cut the deficit without raising taxes, while not mentioning anything too serious, although Boehner…