Progressive News Feeds

Right-wing media are downplaying the economic consequences of across-the-board spending cuts. In fact, economists agree that those cuts – known as the sequester – would lead to thousands of jobs lost and decreased economic growth

Tags: budget, debt, director, economic policy, economy, michelle-malkin, obama, progressive news, sequestration, unemployment, yahoo, year

We’re not yet a month into Barack Obama’s second term, and already Washington Post political blogger Jennifer Rubin can see the president’s “second-term curse” taking shape. At its core, according to Rubin, is last year’s terror attack on the U.S

Tags: article, breaking news, debt, debt limit, elections, environment, government, jobs, lies, president

Fox News’ Carl Cameron falsely claimed that Democrats are pushing for revenue increases without spending cuts in a report on the debt ceiling negotiations. In fact, President Obama and Democrats have offered billions in cuts to social insurance programs.

Tags: author, breaking news, budget, debt, environment, feeds, foreign policy, science, security

The decision by television news producers to rely on political guests and reporter-pundits in their coverage of the recent debt ceiling dispute not only Economists are clear about the primary sources of recent deficits — on top of the Bush tax cuts, the Great Recession triggered massively higher counter-cyclical spending, some of which was automatic for things like jobless benefits and food stamps, and some spending that was newly enacted to buoy a collapsing economy. Middle- and long-term deficit projections are more controversial, but many economists argue that once economic growth catches up to its potential, our fiscal health will depend almost entirely on our ability to control health care costs . This mainstream economist perspective appeared in just 1.4 percent of the debt ceiling segments Media Matters reviewed from a three week period, while over 20 percent of those segments blamed entitlements for the fiscal gloom.

Tags: america, budget, debt, feeds, government, jobs, progressive news, social security, video

In recent weeks, media outlets have focused heavily on current budget negotiations regarding automatic tax hikes and spending cuts set to take effect on January 1, 2013 if an alternative agreement is not reached.

Tags: college, debt, discrimination, economics, education, elections, feeds, health, jobs, security

With Congress barreling toward the end-of-year deadline for the so-called “fiscal cliff,” the package of automatic spending cuts and tax increases that will hit at the start of 2013, another potentially damaging deadline is fast approaching. The government will reach its borrowing limit sometime early in 2013, meaning Obama will have to again ask Congress to raise the debt ceiling

Tags: answers, banking, boehner, cards, congress, debt, democratic, obama, security, thinkprogress

Rush Limbaugh challenged his audience to provide him with evidence that President Obama has formulated policy that would lead to economic growth or debt reduction. In fact, Obama has laid out several policies that would create economic growth and reduce the federal deficit

Tags: barack-obama, congress, debt, deficit, director, environment, iraq, obama, war

The Washington Post misled about the cost of Social Security to claim the program’s costs are skyrocketing and will need to be restrained as part of any deal to curb federal deficits. The Post asserted in a November 25 article: “Without a deal on taxes, there is not much hope for agreement on a broader strategy for restraining the national debt that also tackles the skyrocketing cost of federal retirement programs such as Social Security and Medicare.” The Post later paired statements by Sen. Richard Durbin (D-IL) stating that Social Security is not a major problem with comments by Sen.

Tags: breaking news, bush, congress, debt, elections, environment, health, media, science, security, video, war

Fox News is obscuring the national debate over how to balance the deficit while pushing myths that falsely discredit the Obama administration’s record. Contrary to the Fox mythology, a downgrade of U.S. debt is not imminent, many economists believe the previous downgrade was due to Republican obstructionism, and raising taxes on the wealthiest households will not hurt employment.

Tags: america, author, debt, debt-ceiling, discrimination, education, environment, health, media, white house

According to Bloomberg Businessweek, “the U.S.

Tags: black, climate, debt, election, feeds, higher education, media, mitt-romney, security, student loans