debt ceiling

Nation’s small business owners split on whether the government should shut down

By J.D. Harrison, The Washington Post Published: September 27 | Updated: Monday, September 30, 6:00 AM Down to the final days of the nation’s current spending plan, with negotiations over a new one at a standstill, nearly half of small business owners are in favor of shutting the government down, according to a new poll. Researchers at Pepperdine University’s Graziadio School […]

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Debt Ceiling Deal

Below is a statement on the debt ceiling deal from Citizens for Tax Justice released 8-2-11.—————————————————————————————————- President Obama Breaks His Promise on Taxes Again The so-called “Budget Control Act” that President Obama signed into law today to increase the federal debt ceiling and reduce the federal budget deficit marks the second time the Obama administration has

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Fair and balanced???

The FOXNews of budget agreements. That’s the best description of the debt ceiling compromise passed by the House yesterday and by the Senate today. No matter how many times FOXNews calls itself “fair and balanced”, the hard evidence tells the real story of slanted and faux news at the Murdoch network. The same PR charade

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Don’t talk about it….do it

Last night we heard from President Obama and Speaker Boehner about their ideas for addressing deficit reduction and raising the debt ceiling. The President spoke about the need to close corporate tax loopholes and end offshore tax haven abuse—issues that you have heard me talk about many times. Unfortunately, neither deficit reduction plan on the table

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“Gang of Six” tax plan–sacrifice for all but multinationals

OK. I admit that I got my hopes up upon hearing that U.S. Senate Democrats and Republicans were talking nice about the Gang of Six deficit reduction outline that included revenue increases as well as budget cuts. But as they say—the devil is in the details. And the details in the Gang of Six proposal

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