Christiane Amanpour’s Sunday interview with Google chairman Eric Schmidt is attracting an unusual amount of notice. Mike Allen excerpted it in Playbook, and Kevin Drum asked, “Why don’t more CEOs talk like this?” If you watch the clip, you’ll see why: it’s a refreshingly clear and analytical take on what’s holding back American business. via…
Tag: budget
White House Senior Advisor Talks Debt : NPR[audio,10min]
Valerie Jarrett discusses the viability of President Obama’s new debt plan, including cuts to entitlement spending and proposed tax increases to Americans who make more than $1 million. She speaks with host Michel Martin. via White House Senior Advisor Talks Debt : NPR.
Paul Ryan, Herman Cain Push For Tax Increases On Middle Class
Ryan, while backing a payroll tax hike, nevertheless said that tax hikes cannot be part of the deficit-cutting proposal that the super committee comes up with. As part of his explanation, Ryan made it clear that he sees no difference between raising taxes proactively and allowing tax breaks to expire. “You already have…
A Potential Superhero For The Supercommittee
At one point, Arizona Republican Sen. Jon Kyl suggested that the government might raise money by tackling Medicare fraud or by selling public lands. “I’m not against our working with you on any issue that you want us to work with you on,” Elmendorf said. “But there’s no evidence that suggests that this…
Wonkbook: The ‘supercommittee’ is not really super
So pity the poor members of the supercommittee, who are being asked to be all things to all people, and who are inevitably going to fail. Some of them, in fact, are already trying to prepare the rest of Washington to be disappointed. In today’s edition of The Hill, Alexander Bolton reports that…
Blue Dogs Cool To Obama Jobs Vision
Blue Dog Democrats are pushing members of the joint deficit Super Committee to reduce the deficit significantly more than they’ve been tasked with. But they don’t want to talk about President Obama’s jobs plan. And beneath the surface its clear that there are major differences between the White House and conservative members of…
Senate Republicans block FEMA disaster relief funds
A package of disaster relief funding worth $7 billion was blocked from coming up for a vote by Senate Republicans on Monday, drawing sharp condemnation from Senate Majority Leader Harry Reid (D-NV) who lambasted the conservative party for abandoning Americans in need. Cantor last said “The funds will be there.” Now he’s blocking them. -TRP…