Tales from the Trail

RNC posts 2004 video of Obama calling the deficit under Bush “an enormous problem”

May 15, 2012

As Republicans this week extend their attacks on President Obama for the increasing federal debt, the RNC’s “rapid response” team has dredged up old video of then-Senate candidate Obama elaborating his views about the federal deficit during a 2004 debate.

Palin’s take on S&P downgrade

August 9, 2011

“Many commonsense Americans like myself¬† saw this day coming,” Sarah Palin says of the Standard & Poor’s downgrade of the U.S. credit rating and the fallout in the markets.

Republicans seek more “skin” to tax

May 10, 2011

When it comes to reaching a deal to reduce the nation’s $14.3 trillion debt, Republicans say they won’t go along with raising taxes — except maybe for the 50 percent of Americans who they say pay no federal income taxes.

Washington Extra – Cattle prod

April 18, 2011

.dowAs market maven Mohamed El-Erian told us today “The medium term has a way of creeping up on you.” That’s why everyone needs a cattle prod from time to time and today it was Washington’s turn to get a goading.

Live coverage: President Obama’s speech on debt reduction

April 13, 2011

President Obama will explain his vision for tackling the long-term U.S. deficit and debt in a speech in Washington at 1:35 p.m.

Republican YouCut seeks to shear Mohair from budget

May 20, 2010

It’s worth about $1 million a year.

For most people that’s a lot of money. But in the context of a $3.7 trillion federal budget and a $1.5 trillion deficit, it’s small potatoes. Except in this case it’s a federal subsidy for mohair and it has more lives than an Angora cat.

Warren sees dark times if financial reform fails

February 25, 2010

USA/

Elizabeth Warren paints a disturbing picture of the realities facing the United States and the Obama administration as Americans claw their way clear of the worst recession since the 1930s.

Republican sees Democrats passing healthcare overhaul

November 13, 2009

Sarah Palin says on her Facebook page that the healthcare overhaul passed by the U.S. House of Representatives last week should be “Dead on Arrival” in the U.S. Senate.¬†