July 25th, 2011
You are browsing the archive for July 25th, 2011.
Staff Briefing Notes on the Boehner Plan
I was just given the following bullet points from one of the individuals who got briefed at the staff level on John Boehner’s proposal: On background if you would please*, just left the meeting on the Boehner deal. Some highlights: Outlay reduction for FY 12 – $25 billion cut in discretionary spending. Debt limit increase [...]
The Creepy Jon Huntsman Fundraising Letter
I admit up front that I”m biased, but good grief I can’t let this pass. I got a fundraising solicitation from Jon Huntsman today. Here’s how it begins: This is the chance you’ve been waiting for. It’s been a long two and a half years of uncertainty, anxiety, confusion, and an overall lack of direction [...]
The History of Deficit Commissions 1982-2011
Apparently, the Republicans in Congress need a brief remedial lesson in the history of debt ceilings in this country over the last thirty years. January 1982 – Commission on Fiscal Accountability of the Nation’s Energy Resources — Debt at $1.14 Trillion January 1983 – National Commission on Social Security Reform – – Debt at $1.20 [...]
Speaker Boehner Commits Us To A Credit Downgrade
Congresswoman Renee Ellmers (R-NC) was on Fox News a while ago saying House Republicans are standing behind John Boehner and his proposal. They might want to think again. Having now reviewed it, it seems pretty clear that we will lose our credit rating as it does a lot of what the credit agencies have said [...]
The Absolution I Cannot Give
In the past 48 hours I have had call after call after call from members of the United States Congress. They’ve read what I’ve written. They agree. But they feel the hour is short and the end is nigh. So some are calling looking for alternatives. Some are calling looking for energy. Many are calling [...]
The President Rejects the Bipartisan Plan
The President has rejected the short-term bipartisan deal that Reid and Boehner concocted. Now Boehner is losing the headlines with the media claiming Reid will offer no tax increases and more spending cuts than Boehner, not that they are real. It’s just another reason the House needs to draw a line in the sand and [...]
With Debt Deadline Looming, Markets on High Alert
Download audio here Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the latest debt ceiling negotiation developments from this weekend, and how the markets will react if no deal is reached in time. We’re brought to you [...]
The Opposite of Pro-Life Is What Just Happened In Norway
The great plague of our times is repudiation of life. Not since late antiquity, when Hellenes and then the Romans exposed their children rather than bothering to raise them, have so many nations eschewed the task of raising a new generation. – David Goldman, Asia Times. The world now sadly knows far more about an [...]
Saxby Chambliss’s Office Says I’m Lying
I read from an email from the Republican Communications Director for the Senate Budget Committee. A listener to my show this morning called Saxby’s Washington Office and they said I was lying. Well, read for yourself what the Republicans on the Senate Budget Committee say about Saxby Chambliss’s proposal: It seems the G6 plan does [...]
7.5 Hours on Radio Today
I’m going to be on the radio for 8 hours today — 4.5 for Neal Boortz’s show and 3 for mine this evening. It will be a long day of talking and you can listen to it all by clicking right here. You can also call in at 1-877-310-2100 for Neal’s show and this evening [...]




