TPM News

A new report by economists at the liberal Center for Economic and Policy Research looks at House Republicans' plan for privatizing Medicare from a new angle, and finds that it could increase health care costs for beneficiaries by a staggering $34 trillion over 75 years.

You won't find these expenditures on the government ledger. They represent the amount of money Medicare beneficiaries would have to pay out of pocket if they wanted to buy insurance policies that provide Medicare-equivalent benefits.

The reasoning is fairly straightforward, according to CEPR's Dean Baker and David Rosnick.

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In what could only be described as a bizzarro victory lap, Birther Queen Orly Taitz (who gave this site the proud, somewhat badass moniker "Insane Obama Thugs") spent her 14th minute on The Last Word with Lawrence O'Donnell. On the heels of President Obama's release of his long form birth certificate, Taitz had her work cut out for her if she wanted to sound more delusional than self-congratulatory lunatic Donald Trump.

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Jon Stewart is praying that Donald Trump will run for President, if only so there will be more ludicrous moments like Wednesday's press conference in which Trump repeatedly praised himself for something someone else had done.

Following the release of President Obama's birth certificate, Trump said that he was "honored" and "proud" to have accomplished something no one else had been able to achieve. While that may sound a bit pompous, Stewart said it was actually toned down for Trump.

"That is the hardest I've ever seen Trump be on himself," Stewart said.

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Obama To Shake Up Security Team Reuters reports: " President Barack Obama will on Thursday name CIA Director Leon Panetta to become defense secretary and nominate General David Petraeus, who is running the war in Afghanistan, to take over the spy agency. The shakeup ahead of the 2012 presidential election could have broad implications for the Obama administration, which is seeking deeper Pentagon spending cuts and aims to start drawing down U.S. forces from Afghanistan in July."

Obama's Day Ahead President Obama will receive his daily briefing at 10:15 a.m. ET, hold a meeting on Libya at 10:50 a.m. ET, and meet at 11:30 a.m. ET with Secretary of State Hillary Clinton. At 2:05 p.m. ET, he will meet with a group of influential Hispanics from across the country, to discuss fixing the country's immigration system. He will make a personnel announcement at 3:10 p.m. ET. He will meet at 3:45 p.m. ET with Panamanian President Ricardo Martinelli, and they will deliver statements to the press at 4:20 p.m. ET.

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It's been a full day since the White House released President Obama's long form birth certificate, and prominent Republicans are coalescing around a few recurring notes in their reaction.

Responses for the most part fall into two broad, sometimes overlapping, themes in which Republicans either accuse President Obama of taking too long to put the birther nonsense to bed or suggest he's exploiting the issue by even addressing it.

While speculation around Obama's legitimacy occurs almost exclusively in conservative circles -- reaching a high point in recent weeks amid Donald Trump's birther campaign -- a number of mostly mainstream Republicans characterized Obama's statement as a smokescreen that distracts from various other topics.The most oft-quoted example came from Sarah Palin who tweeted: "Now, don't let the WH distract you w/the birth crt from what Bernanke says today. Stay focused, eh?" referring to a rare press conference from the Federal Reserve chairman.

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Rick Santorum is serious about foreign policy. On Thursday, he'll give a major address on the topic, taking his presidential almost-campaign away from its focus on social issues and inadvertent gay poet endorsements for a moment, to turn his gaze to the wider world.

"Not only was I in the Senate for 12 years, but I was very, very active in national security issues and actually took the lead on a lot of national security issues, particularly focused on the Middle East, which is not just the hot spot now but an ongoing hot spot," Santorum, who also chaired the Armed Services Committee, told the Pittsburgh Post-Gazette recently.

And looking back at Santorum's foreign policy past, it's true that he's taken many strong stands...

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1||On Friday, Prince William and his fiancee, Kate Middleton, will officially tie the knot. Like past royal weddings, this one has captivated Britains and foreigners alike, and has drawn no small share of media coverage. || Richard Pohle/THE TIMES/Newscom&&

2||Almost a century ago, in 1923, the Duke of York, Lady Elizabeth Bowes Lyon and their bridesmaids posed for this photo after their wedding. ||Mirrorpix/Newscom&&

3||Thousands of spectators turned out to catch a glimpse of Princess Elizabeth, now Queen Elizabeth, and the Duke of Edinburgh in 1947. ||Mirrorpix/Newscom&&

4||Then-Princess Elizabeth and Prince Philip looked out from a Buckingham Palace balcony in 1947. ||Mirrorpix/Newscom&&

5||A boy tried to get a better view of the wedding of Princess Elizabeth and Prince Philip in 1947. ||Mirrorpix/Newscom&&

6||In 1981, Prince William's mother, Diana, married Prince Charles of Wales. ||e30/e30/ZUMA Press/Newscom&&

7||The wedding of Diana and Charles drew an international television audience of around 750 million viewers. ||k98/k98/ZUMA Press/Newscom&&

8||Princess Diana with her father, Earl Spencer, at St. Pauls Cathedral, where the wedding was held. ||Mirrorpix/Newscom&&

9||Prince Charles and his brothers Edward (left) and Andrew (right) at the altar in St. Pauls Cathedral. ||Kent Gavin Mirrorpix/Newscom&&

10||Prince Charles and Princess Diana, with a long wedding gown train extending down the aisle. ||k09/k09/ZUMA Press/Newscom&&

11||Members of the royal family, with newlyweds Princess Diana and Prince Charles at center. ||k98/k98/ZUMA Press/Newscom&&

12||Queen Elizabeth II and Diana's father, Earl Spencer, on wedding day 1981. ||k98/k98/ZUMA Press/Newscom&&

13||Prince Charles and Princess Diana. ||Daily Mirror Mirrorpix/Newscom&&

14||Prince Charles and Princess Diana at the altar in St. Paul's Cathedral. ||Mirrorpix/Newscom&&

15||Prince Charles and Princess Diana, with Queen Elizabeth and Prince Phillip, wave from the balcony of Buckingham Palace following their wedding in July 1981. ||BOCCON-GIBOD/SIPA/BOCCON-GIBOD/SIPA/Newscom&&

16|||| Mirrorpix/Newscom&&

17||Princess Diana and Prince Charles, in an open-air buggy after their wedding. || Mirrorpix/Newscom&&

Rep. Louie Gohmert (R-TX) welcomed the release of President Obama's long-form birth certificate on Wednesday, after suffering what he said had been "arrogant condescension" from Obama's supporters. And he said the redundant proof that Obama was indeed born where everyone knew he was born shows that Congress really needs to pass a law requiring presidential candidates to produce their birth certificates.

"It is truly distressing that the administration would wait so long to release such an important piece of documentation, when such a simple act was all it required," Gohmert said in a statement. "In my mind, a critically important action we could take in Congress is to eliminate similar controversies arising in future elections."

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LiveWire

Clinton Postpones Trip To Charlotte

In a statement released Friday evening, Hillary Clinton's campaign announced that the Democratic nominee…