The Wall Street Journal’s Stephen Moore cited figures that independent analysts have called misleading to hype Florida Gov. Rick Scott’s claims about his administration’s job creation record
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Category: Articles, author, Breaking News, budget deficit, Deficit, Economy, Elections, Environment, Feeds, Foreign Policy, Health, Justice, Media, Media Matters, Politics, Science, Taxes, The Nation, Video, War, Washington | Comments OffEconomic media coverage has been heavily focused on advocating for deficit reduction, even as deficits decline and the federal government posts a surplus.
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Category: Articles, author, Breaking News, budget deficit, CNN, Congress, Deficit, Economics, Economy, Elections, Environment, Feeds, Foreign Policy, Health, House Speaker, Justice, Media, Media Matters, Science, Taxes, Terrorism, Video, War, Washington, White House | Comments OffMedia outlets are reporting that a new immigration report from the conservative Heritage Foundation found that passing the proposed Senate comprehensive immigration bill will cost $6.3 trillion. In fact, the Heritage report is not an analysis of the entire Senate’s ”Border Security, Economic Opportunity, and Immigration Modernization Act,” and does not take into account costs or savings of the proposal’s broader reforms. Media Report That Heritage Study Found Senate Immigration Proposal Will Cost Trillions Fox News: “Comprehensive Immigration Overhaul Being Taken Up In The Senate This Week Could Cost Taxpayers $6.3 trillion.” In an article on a Heritage immigration study headlined, “Study pegs cost of immigration bill’s mass legalization at $6.3 trillion,” Fox News claimed that the “comprehensive immigration overhaul being taken up in the Senate this week could cost taxpayers $6.3 trillion if 11 million illegal immigrants are granted legal status, according to a long-awaited estimate by the conservative Heritage Foundation.” [FoxNews.com, 5/6/13 ] Wash.
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Category: agriculture, Articles, author, budget deficit, Deficit, Economy, Elections, Environment, Feeds, Foreign Policy, Health, huffington post, Justice, Media, Media Matters, Medicare, politico, Politics, Science, Social Security, Taxes, Video, War, Washington | Comments OffPresident Barack Obama’s budget proposal for fiscal year 2014 would eliminate $39 billion of special tax breaks for Big Oil companies over the next decade as part of comprehensive business tax reform. These companies earned billions of dollars in recent years due to high oil and gasoline prices and do not need additional support from taxpayers. These tax breaks emerged over the past 100 years to help the then-nascent industry develop, and they relieved the oil and gas industry of $466 billion in tax payments to the federal treasury between 1918 through 2009, according to DBL Investors .
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Category: author, Barack Obama, budget deficit, Climate Progress, Congress, Deficit, director, Economy, Feeds, Global Warming, Health, Justice, LGBT, Media, Politics, Science, Taxes, ThinkProgress, Tweets, War, Washington | Comments OffFox News pushed long-debunked myths about health care reform in order to promote Rep. Paul Ryan’s (R-WI) reported plans to repeal the law as part of his upcoming budget
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Category: Affordable Care Act, Articles, author, budget deficit, CNN, Congress, Deficit, director, Economics, Economy, Elections, Environment, Feeds, Foreign Policy, Health, Iraq, Justice, Media, Media Matters, Medicare, Paul Krugman, Science, Slate, Social Security, talking points memo, The Nation, Video, War, Washington | Comments OffMississippi, one of the poorest states in the nation, is grappling with what to do about its Medicaid program . A deeply red state where the GOP controls both state houses and the governor’s mansion, Mississippi lawmakers are highly skeptical of Obamacare’s optional Medicaid expansion.
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Category: Arizona, author, budget deficit, Deficit, Economy, Feeds, Health, Justice, LGBT, Media, The Nation, ThinkProgress, Tweets, War | Comments OffConservative media are parroting a Republican claim that a federal report says health care reform increases the long-term deficit. In fact, the report says that the deficit would only increase if cost containment measures in the bill were phased out over time, and found that the deficit would decrease if those measures were maintained. GOP Sen
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Category: Affordable Care Act, Articles, author, budget deficit, Congress, Deficit, director, Economy, Elections, Environment, Feeds, Foreign Policy, Health, Justice, LGBT, Media, Media Matters, Medicare, Science, Video, War | Comments OffRight-wing media outlets have advanced a number of myths regarding automatic across-the-board spending cuts — commonly called the sequester — in order to hide the facts behind an inherently harmful economic policy. Will The Sequester Hurt Economic Growth? Will The Sequester Help The Economy?
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Category: Articles, author, budget deficit, Congress, Deficit, Department of Defense, director, Economic Policy, Economics, Economy, Elections, Environment, Feeds, Foreign Policy, Global Warming, Health, Justice, Media, Media Matters, Paul Krugman, Pentagon, Science, The Nation, Video, War, Washington, White House | Comments OffOn Sunday, economist Paul Krugman hit back against GOP claims that public sector employment has increased under Obama, and that such jobs consist mainly of wasteful bureaucrats and somehow count less economically than private sector ones. Back in September it was tea party Senator Rand Paul (R-KY) toeing that line , and this morning it was former Republican gubernatorial candidate Carly Fiorina
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Category: author, budget deficit, Congress, Deficit, Economy, Feeds, Financial Regulation, Health, Justice, LGBT, Media, Paul Krugman, Politics, Taxes, ThinkProgress, Tweets, Washington | Comments OffWhile the richest Americans have fared well during the sluggish economic recovery, most Americans continue to struggle with falling wages and job uncertainty. According to a new report from the Conference Board, 62 percent of workers between 45 and 60 plan to delay their retirements , a stark jump from 2010 when 42 percent of workers planned a delay. Job loss, financial loss, and a lower salary caused many workers to reshape their future plans: Right now, more than half of middle class workers are expected to outlive their retirement savings , as pension plans have declined dramatically.
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Category: author, budget deficit, Congress, Deficit, Economy, Feeds, Financial Regulation, Health, Justice, LGBT, Media, Medicare, Social Security, Taxes, ThinkProgress, Tweets | Comments Off