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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World

NATO’s Challenge Is Germany, Not America

During the recent NATO summit meeting, a rumbustious Donald Trump tore off a thin scab of niceties to reveal a deep and old NATO wound — one that has predated Trump by nearly 30 years and goes back to the end of the Cold War. In an era when the Soviet Union and the Warsaw Pact are now ancient history, ... Read More
White House

The President’s Do-Over

I agree with Jonah on all counts: On net, President Trump’s do-over of his Helsinki remarks is a good thing; regrettably, it is not sincere; and while I hope the revised version is the one he sticks to, I don’t have confidence that will be the case -- as posited in my column Tuesday on the folly of having the ... Read More