Politics & Policy

Obama: Pledge to America Benefits ‘Millionaires and Billionaires,’ Increases Deficit

President Obama slammed the Republican “Pledge to America” that was unveiled last month as a plan that would increase the national debt by extending the Bush-era tax cuts to all earners. In an address to Philadelphians at his “Moving America Forward” rally yesterday, Obama condemned the Pledge as an unoriginal document, characterizing it as a return to “failed” economic policies of the previous administration.

The president ignored one of the Pledge’s central points, which involves capping government spending at pre-bailout 2008 levels, representing a 10 percent slimming down of federal spending as part of a plan to return to a balanced budget.

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Politics & Policy

The Origins of Progressive Agony

What has transformed the Democratic party into an anguished progressive movement that incorporates the tactics of the street, embraces maenadism, reverts to Sixties carnival barking, and is radicalized by a new young socialist movement? Even party chairman Tom Perez concedes that there are “no moderate ... Read More
Elections

How Will the Senate Races Break?

How will the Senate races break? We have less public polling to go on than in recent years, so answering that question is harder than ever. But the news is more optimistic for Republicans than it was a month ago.   Waves and Breakers Four years ago, I projected in mid September that if “historical ... Read More
U.S.

The Media Fell for Elizabeth Warren’s Spin

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