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Nation Topics - Budget Wars


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Simpson and Bowles

Candidates who ran on slashing Medicare and Social Security lost big in November. But that doesn’t stop Pete Peterson from pushing the fantasy that voters’ biggest concern is the deficit.

The “Fix the Debt” campaign is pure astroturf: corporate cash machinery masquerading as a grassroots uprising.

Dire warnings about the deficit don’t add up mathematically. But then, Fix the Debt is not really about the economy, it’s about gutting Medicare, Social Security and other social programs.

Dollar bills

In the looming debt-ceiling fight, progressives must make the case for protecting social programs, raising revenues and cutting the Pentagon budget.

What really happened on Capitol Hill this week, and a look ahead to the budget battles on the horizon. 

The median income of people over age 65 is less than $20,000. The solution is not to cut that further.

A few key points to keep in mind during the "fiscal cliff" negotiations.

Barack Obama

The “fiscal cliff” is being used to demand cuts that would otherwise be politically impossible.

How to get yourself to the edge of the fiscal abyss and not jump. 


The latest jobs numbers are weak. Why? We're dying by slow sequester cuts.

May 3, 2013

After a series of events this week, is the austerity consensus unraveling?

April 22, 2013

The House Budget Committee chairman cites a study that says high debt stalls growth—but the economists responsible for the paper admit they made a "significant mistake."

April 18, 2013

Congressman Keith Ellison renews his call for a financial transactions tax—this time, with a grassroots movement behind him.

April 17, 2013

Housing programs are getting the budgetary knife—a crisis for seniors, people with disabilities and poor families.

April 17, 2013

What will Middleman do next?

April 16, 2013

Why? Because the Postal Service caters primarily to the poor.

April 15, 2013

Smart Democrats know that getting on the wrong side of the austerity debate could strike a "damning blow" to the party's 2014 prospects.

April 14, 2013

The USPS is not the only public service under full frontal attack. How did it stay standing?

April 12, 2013

The Big Banks are fleeing activists and shareholders who are challenging their bad practices. They can run, but they can't hide.

April 12, 2013