James Pethokoukis

Budget group: New Obama budget plan would fail, could cause tax trigger to be pulled

April 21, 2011

The bipartisan Committee for a Responsible Federal Budget has taken a crack at deciphering President Barack Obama’s murky new budget plan, called the “Framework for Shared Prosperity and Shared Fiscal Responsibility.” And its findings are devastating:

Should Congress raise the debt ceiling? And for what price?

April 21, 2011

Conservatives have many flavors of views on this, as can be seen at an online symposium over at National Review Online. Here are two of the more interesting takes:

2012 electoral map — as it stands

April 21, 2011

This is how 2012 looks right now to elections guru Larry Sabato:

electoralmap

Here is how the math works: Include the “Leans” states with the “Likely” and “Safe,” the numbers are as follows: 247 Democratic EVs,  180 Republican EVs, 111 Undecided. Just counting “Likely” and “Safe,” the numbers are as follows: 196 Democratic EVs, 170 Republican EVs, 172 Undecided.

What goes down, must come up: GE’s latest tax bill

April 21, 2011

Tell me what happened, Reuters:

The company, which has come under fire over the past month for reports of an unusually low 2010 U.S. tax bill, pointed out that its consolidated first-quarter tax rate was 53 percent as a result of the NBC Universal sale.

If Ryan Path is “cruel,” so is Obamacare

April 21, 2011

Economist Jim Capretta, co-author of the must-read “Why ObamaCare is Wrong for America,” writes the piece I’ve been waiting for him to write about Paul Ryan’s Medicare plan. First, a brief description of the Ryan plan:

Obama 2012, the dollar and the stink of instability

April 21, 2011

President Obama’s approval/disapproval ratings are now an upside-down 45 percent/50 percent, according to the RealClearPolitics average. If those numbers were to hold until Election Day 2012, Obama would be a decided underdog for a second term, at least that is what statistical  modeling tells: