...general revenue will cover the lost revenue to the Social Security Trust Fund.
Maybe the first year or two, but I think this is just a way to hasten the Social Security shortfall. No one was buying that Social Security was in dire straights 20-30 years down the road. Saying it is going to have a shortfall in 10 years might get people's attention and their willingness to "save" Social Security.
A reporter just asked how the WH would convince Blue Dogs to vote for budget-busting tax cuts. LOL.
I suppose there's a small chance this reporter was being sneaky and trying to elicit an answer along the lines of, "The Blue Dogs don't give a shit about the deficit, all they care about are tax cuts for corporations and rich people along with subsidies for favorite campaign donors." But it's more likely that the reporter does not actually know that the Blue Dogs don't give a shit about the deficit, all they care about are tax cuts for corporations and rich people along with subsidies for favorite campaign donors, and instead believes they truly care about the deficit. Which they don't.
The unemployment rate went higher, but job losses were half in percentage terms and jobs recovered to pre-recession peak in 28 months. We are currently 35 months away from the employment peak and nowhere near close to returning to those job levels. So this time I don't think doing a bit better is going to do it.
The great thing about doing it as that even as our press tends to ignore the tax cute/deficit relationship right now, as soon as it passes Obama will own the massively increased deficit, while the GOP will take credit for the tax cuts. They're the Bush tax cuts after all.
I know little of Dallas or the nature of its rail system and the neighborhoods it travels through, but it is the case in most American cities that such systems should be built in order to change car-centric development patterns (if you're going to build them). Even in my urban hellhole the extensive commuter rail system is underutilized (though at post-1980 record levels) because in many areas zoning and land use decisions have prevented transit-oriented development around stations.
The teabaggers will go after anyone who works with Democrats or is perceived as being friendly to them. It's why Orrin Hatch might be in trouble. While there isn't a lot of bipartisanshippyness going on, Hatch and Lugar are people who have worked with Democrats in the past either on somewhat peripheral issues or to find actual compromise. And that just won't do.
I think I've said before (seems true about everything these days) that to me DADT repeal is a big test of the Obama approach to politics. Obviously he doesn't have superpowers and can't use his mind control on the Maine twins or the beefcake from Massachusetts, but it's something that the administration and members of Congress have constantly reassured the Professional Left about, that there was a strategy in place and that it would happen.
Joking aside, I'm not actually anti-park, it's just that too often "build a park" is just code for "block development." And some development is good! More than that, often parks aren't really built for use by humans and poorly maintained parks aren't really an improvement over vacant lots. They basically are vacant lots.
So, build parks! But build them for people and maintain them.
A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills in huge vaults in Fort Worth, Texas and Washington, DC, CNBC has learned.
...
The redesigned bills are the first $100 bills to feature Treasury Secretary Tim Geithner’s signature. But to stave off a cash crunch as existing $100 bills deteriorate and can’t be replaced, the Federal Reserve has ordered renewed production of the current-design $100 bills, which feature Bush Treasury Secretary Hank Paulson's signature and do not have the new security features.
Disclaimer:
This is a personal web site. It is not a production of Media Matters for America (MMFA). Statements on this site do not represent the views or policies of MMFA. Preferences for electoral candidates posted on this site have not been expressed using any MMFA resources.
.jpg)
