nytimes.com - 11/23/2008
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Barack Obama is indicating that he will pursue a far more ambitious plan of spending and tax cuts than anything he outlined on the campaign trail. >
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Quote of the Day
PoliPundit.com —
Quote of the Day Senator Chuck Schumer (D-NY): “We’re on the edge of deflation. Once you get into deflation you almost never get out.” Barack Obama doesn’t want to be known as another Herbert Hoover; so he’s going to do everything in his power - including retaining the Bush tax cuts - to avoid the spectre of deflation. -- ...
Obama Aides: Big Action Needed On Economy
The Moderate Voice —
... Meanwhile, more details of what an Obama administration plans to do are trickling out: it’ll be an administration that seek more spending and tax cuts. ...
Obama May Not Repeal Bush Tax Cuts
TalkLeft —
... The New York Times reports President-Elect Obama may not repeal the Bush tax cuts on the wealthy but let them expire naturally in 2011. ...
Transition News 11/24
The Stump —
... Bush tax
cuts might remain in place until 2011. ...
Scrooged by the Democrats: Will the Rich Ever Pay Their Fair Share?
MoJo Blog Posts: mojo —
... on his pledge, and within three weeks of his election, Obamas economic advisors confirmed that, after all, the new president might just let the Bush tax cuts expire on schedule in 2011, rather than eliminating them two years earlier. The decision is based on the premise that it is unwisein economic as well as political termsto raise taxes during a recession, since lower taxes stimulate the economy. ...
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Tax Cuts or Spending: What's the Best Way to Rescue an Economy?
ourfuture.org 12/3/2008 — It's hard to believe that all conservatives have to offer right now is the Bush tax-cut agenda, but indeed - that's really all they have. Watch this MSNBC clip of Steve Forbes , one of the right's leading economic thinkers: Forbes is given a hanging ...
Taxes, Spending Cuts to Fund Health Reform
online.wsj.com 2/25/2009 — Obama will propose $634 billion in upper-income tax increases and cuts to government health spending over 10 years to fund universal coverage.
States Driven to Make Deeper Cuts in Medicaid
washingtonpost.com 12/26/2008 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
Taxes, Spending Cuts <break/>
To Fund Health Plan
online.wsj.com 2/25/2009 — [President Obama at an event announcing his nominee for Commerce Secretary on Wednesday.] Associated Press President Obama at an event announcing his nominee for Commerce Secretary on Wednesday.
Obama’s Spending vs Obama’s Spending Cuts — in Pictures
blog.heritage.org 4/20/2009 — According to reports, President Barack Obama plans to convene his Cabinet for the first time today, where he will order members to identify a combined $100 million in budget cuts over the next 90 days. Just how laughable is Obama’s latest stunt ...
Obama's tax cuts: Progressive. Redistributive. Spending.
WWW.samefacts.com 11/6/2008 — Kevin Drum asks when Obama will start engaging in the public persuasion he'll need to sell the progressive planks in his campaign platform, since he mostly didn't campaign hard on them. Mostly, Kevin's analysis (which focuses on cap-and-trade and ...
Most Say Tax Cuts Always Better Than Increased Spending
rasmussenreports.com 1/28/2009 — Paul Krugman, last year's winner of the Nobel Prize for economics and a regular columnist for the New York Times, recently wrote that you should “write off anyone who asserts that it’s always better to cut taxes than to increase government spending ...
Obama not 'likely' to push repeal of Bush tax cuts
politico.com 11/23/2008 — Obama adviser Bill Daley says Obama will "more likely than not" postpone a tax increase for the rich until 2011, when the Bush tax cuts expire, rather than pushing to repeal them now.
He made the comment on Meet the Press, and it's a ...
Obama Plan Includes $300 Billion in Tax Cuts
nytimes.com 1/5/2009 — Tax cuts for workers and businesses are nods to critics worried that the economic recovery program has been too focused on government spending, advisers said. >
Karzai says Obama promises more Afghan aid —
CNN.com - Politics 11/23/2008
President-elect Barack Obama has given Afghan President Hamid Karzai assurances that the United States would send more aid and pay more attention to his war-torn country during his administration, according to Karzai's office.
U.S. Offers Citigroup Expansive Safety Net —
Wash Post Federal Page 11/24/2008
The government said last night that it will provide a multibillion-dollar backstop for Citigroup, revamping emergency efforts yet again to head off the failure of a company more deeply intertwined with the financial system than nearly any other.
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