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Republicans the Party of No? Au Contraire!
By Robert and Donna Trussell - Politics DailyFollow the Trussell cartoons on Twitter at ChasoTheoryPD. ...
Obama Calls for Big Tax Hikes, But Lets Bankers off the Hook
By Joann M. Weiner - Politics DailyPresident Obama knows that there are just two ways to close the $1.6 trillion federal budget deficit. He can raise taxes, or he can cut spending. On Monday, the president proposed doing some of both in an attempt to cut the federal deficit to $727 billion by 2013. In terms of taxes, the fiscal year 2011 budget raises more than $1.5 trillion from companies and wealthy individuals over the next decade. Offsetting these tax increases are $250 billion in savings from a three-year freeze on non-defense discretionary spending and $23 billion this year from cutting federal programs. ...
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