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It has become accepted economic wisdom, uttered with deadpan certainty by policy pundits and budget scolds on both sides of the aisle, that the only way to get control over America’s looming deficits is to “reform entitlements.”
But the accepted wisdom is wrong.
It has been four long winters since the federal government, in the hulking, shaven-skulled, Alien Nation-esque form of then-Treasury Secretary Hank Paulson, committed $700 billion in taxpayer money to rescue Wall Street from its own chicanery and greed
At the end of last year, just shy of the 11th hour in the fiscal cliff negotiations, President Obama made an offer that included a Republican-backed idea to cut spending by lowering the cost-of-living adjustment for Social Security benefits. The move shocked Congressional Democrats and dismayed Mr. Obama’s liberal base.
Despite the Obama administration’s best efforts, the lack of affordable housing remains one of America’s most vexing problems.
A $1.5 billion transfusion in the 2009 stimulus bill managed to hold the overall homeless population about even over the last four years, and the number of people in two especially vulnerable groups — the chronically homeless and homeless veterans — has actually dropped.
AS both his critics and admirers argue, the nomination of Chuck Hagel as secretary of defense last week tells us something important about Barack Obama’s approach to foreign policy. But so does the man who was nominated alongside Hagel, to far less controversy and attention: John Brennan, now head of the White House’s counterterrorism efforts, and soon to be the director of the C.I.A.
In the bitter debate that led up to the American invasion of Iraq in 2003, Senator Chuck Hagel of Nebraska said that some of his fellow Republicans, in their zest for war, lacked the perspective of veterans like him, who have “sat in jungles or foxholes and watched their friends get their heads blown off.”
Senate Democratic leaders have sent a letter to President Obama pledging their support if he raises the debt ceiling unilaterally in the face of Republican resistance.
Support has been growing among Democrats in Congress for Obama to invoke the 14th Amendment or another legal justification for expanding the nation’s borrowing authority without congressional approval.
In March of 2012, several New York City residents sued the New York Police Department over alleged overreaches of its controversial stop-and-frisk policy.* The plaintiffs argued that the NYPD “has a widespread practice of making unlawful stops on suspicion of trespass” outside certain buildings in the Bronx, and asked the court for relief from the department’s Trespass Affidavit Program (TAP).
Odds are, the Supreme Court will strike down a key provision of the Voting Rights Act after hearing a case from Alabama that will be argued next month.
The National Rifle Association said Thursday it was "disappointed" by its meeting Thursday with Vice President Biden, accusing the Obama administration of using the time to "attack the Second Amendment."
The federal clean-energy loan guarantee program that gave you Solyndra wasn’t just a multibillion-dollar political debacle – it also didn’t create jobs, didn’t reduce carbon emissions and ran up financial risk for taxpayers.
Americans die younger and have more illnesses and accidents on average than people in other high-income countries—even wealthier, insured, college-educated Americans, a report said Wednesday.
This week, Melissa Harris-Perry asks us “to have a conversation not only about the poor but with people who are themselves living in poverty.”
The word “occupy” has taken on a new meaning since September 2011. Of course, it still means to physically reside in a space—to seize or hold property otherwise denied to the public in the cases of Occupy Wall Street and its various chapters—but now the word is also used as a euphemism when protesters seek justice in the wake of institutional failure.