AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Walker Recall Effort Struggles To Gain Momentum
Controversial Book On Obama Appears To Have Lifted Key Quote
SocialSecurity
Christine O'Donnell: No Tax Hikes, No Abortion, No Masturbation Ban
By Jill Lawrence - Politics DailyTALLEYVILLE, Del. -- Let's just say it right up front and get it out of the way: New Tea Party rock star Christine O'Donnell is a Sarah Palin-Michele Bachmann Republican and Democrat Chris Coons is, well, a balding middle-aged guy in a dark suit with a lot of degrees. Just 48 hours after O'Donnell dispatched moderate Rep. Mike Castle in a bitter Senate primary, she walked onstage in a burst of glamour and color -- pearls, fitted turquoise jacket, bright-red toenails peeping from open-toed slides with three-inch heels -- and her partisans erupted in cheers. To be completely fair, Coons is not ...
Protecting Social Security: Heinz-Moynihan Safeguards Are Not Enough
By Jeffrey Lewis - Politics DailyThe following op-ed column was written by Jeffrey Lewis, the former Republican staff director for the late Sen. John Heinz. Theft or embezzlement? That was the debate between Sens. Daniel Patrick Moynihan (D-N.Y.) and John Heinz (R-Pa.) in 1990. They were discussing protecting the growing Social Security Trust Fund reserves. Both agreed that failure to account properly for the huge pool of savings would constitute a political crime, but they differed on its nature. Moynihan likened it to common thievery; for Heinz, it was a graver offense. He contended it exceeded the common criminal ...
Opinion: America's Unquenchable Defense Spending
By Michael Cohen - AOL News(July 20) -- If there's one issue that seems to unite an increasingly divided and fractured capital, it is the ever-expanding federal budget deficit. Everyone seems wants to curb Washington's appetite for spending. Except one area of the federal budget is seemingly off limits: the $692 billion elephant in the room -- America's defense budget. The calls from Republicans and Democrats for belt-tightening rarely, if ever, seem to extend to the military. Deficit hawks in the House have even demanded that an amendment to the $37 billion Afghanistan spending bill that would allocate $10 billion to ...
Opinion: Is the Debt Commission Serious?
By John Merline - AOL News(April 27) -- Before President Barack Obama's debt commission officially met for the first time today, he told the members that "everything has to be on the table" when it comes to reducing the nation's gargantuan debt. Presumably, that would include Obama's own budget. After all, his budget plan, released earlier this year, would leave the country $5 trillion deeper in debt than would otherwise be the case, according to the Congressional Budget Office. That's because Obama's budget would spend more ($2.3 trillion more) and take in less money ($1.4 trillion less) than if the government were ...
Opinion: Putting the Security Back in Social Security
By not in system - AOL News(April 27) -- Social Security needs fixing, most analysts agree, but supposedly we had a few more years to work out the details. Now the crisis is upon us. This year, Social Security will pay out more in benefits than it collects in employer and employee contributions, but the problems don't stop there. If the economy suffers a "double dip" -- meaning the current recovery soon turns into recession -- Social Security may never return to the black. Worse still, the "trust fund" is an accounting gimmick and doesn't represent a genuine pool of savings. On top of all the other bleak news, ...
Opinion: A Modest Proposal for Anti-Government Crowd
By not in system - AOL News(April 19) -- Anger with government is the theme on the right these days, with anguished cries by tea partiers, militia members and other government haters of "We're taking our country back." This is quite amusing, as it would be curious to find out: From whom do they think they are recapturing "their" country? And what are they going to do with it when they get it? (Well, we know the answer to that: The last time they had it, they ruined it.) It would seem the only group who has the right to say they're taking the country back would be Native Americans. After all, it was Whitey who stole it ...
U.S. Treasury to Increase Electronic Transactions, Reduce Paper Use
By David Sessions - Politics DailyThe U.S. Treasury Department announced Monday that it plans to dramatically increase electronic transactions that involve the Treasury, and will save $400 million and 12 million pounds of paper in the next five years. "Treasury must lead the way in developing methods to deliver payments that are safe and secure in a manner that is efficient and reliable," Treasury Secretary Tim Geithner said in a statement. "By moving to all-electronic payments, Treasury will save hundreds of millions of dollars and substantially reduce our environmental impact, making this a win-win for all Americans." ...
Chaos Theory: Tea Is the New Kool-Aid
By Robert and Donna Trussell - Politics Daily...
Chaos Theory -- I Was a Health Care Crank
By Robert and Donna Trussell - Politics Daily...
Uh-Oh -- Social Security Fund to Pay Out More Than It Receives in 2010
By Tom Diemer - Politics DailyFor the first time since 1982, Social Security is expected to pay out more in benefits this year than it takes in from payroll taxes, another sign of how deep the economic recession has cut. The Congressional Budget Office projection marks a worrisome threshold that analysts had not expected to see until 2016, the New York Times reports. But since Social Security still has money in its trust fund, the shortfall this year will have no immediate impact on older Americans receiving the monthly benefits. Stephen C. Goss, the Social Security Administration's chief actuary, told the Times that ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- Palin Earnings Estimated at $12 Million
- The Five Most Racist Obama Cartoons?
- Jimmy Carter Leaves Church Over Treatment of Women
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- Irked Senate Panel Votes 30-0 to Cut Pakistan Aid
- GSA Bash Organizer Steps Down
- More Stories »
- Know Your Enemy
- Obama’s Challenge in Egypt
- The Edwards Waiting Game
- Are Doctors Doing Too Much?
- The Pagan Cult of Reagan
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics