02.05.13 | 10:13 am
Slipping?

A new poll says 39% of voters are less likely to support a NRA-backed candidate, 26% more likely.

02.05.13 | 9:29 am
Obama Sequester Strategy Rests On GOP Tax Irrationality

As advertised, President Obama is calling on Congress to pay down the sequester for a few months with a mix of less abrupt spending cuts and new tax revenues. Specifically, he argues that Congress should buy itself time to hash out a unified budget — to create a glide path for further deficit reduction — instead of attempting to cobble together legislative priorities while the sequester takes its toll on government services and the economy.

“If congress can’t act immediately on a bigger package, if they can’t get a bigger package done by the time the sequester scheduled to go into effect, then I believe that they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution,” Obama said. “Congress is already working towards a budget that would permently replace the sequester at the very least we should give them the chance to come up with this budget instead of making indiscriminate cuts now that will cost us jobs and significantly slow down our recovery.” Read More