President Obama's 2013 Budget Proposal
http://thedianerehmshow.org/shows/2012-02-14/president-obamas-2013-budget-proposal
Yesterday House Republicans shifted course and agreed to extend the payroll tax cut without insisting on spending cuts elsewhere to offset the cost. They also largely dismissed the $3.8 trillion budget President Obama submitted for fiscal 2013. His 220 page document which spells out his spending proposal includes higher tax rates for the wealthiest Americans and puts off action on the national debt. The plan is not likely to gain traction in Congress, but it does offer insights into the administration’s election year priorities. Please join us to talk about reaction to President Obama's fiscal 2013 fiscal budget proposal and the ongoing debate over tax reform, stimulus spending, and deficit reduction.
Guests
Jared Bernstein
senior fellow, Center on Budget and Policy Priorities; former chief economist and economic policy adviser for Vice President Biden.
Stephen Moore
member of the Wall Street Journal's editorial board.
Norman Ornstein
resident scholar at the American Enterprise Institute and coauthor of "The Broken Branch: How Congress Is Failing America and How to Get It Back on Track."
Comments
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when will we face the reality businesses are interested in creating profits not jobs...you can have a zero tax rate and jobs will still not be created
Talk of so called cuts in this show are not cuts but decreases in already anticipated (mandatory) spending increases of government program's in the future.
During the period of austerity, people still have to eat. Accordingly, the austerity should not be imposed so rapidly as to be brutal. The divide we're seeing today is how much austerity can we tolerate. I think that conservative proposals are excessive without increasing revenue through a restoration of appropriate taxes on the wealthiest.
Your speaker never answered the question when tax increase caused disaster!! He like other politicians garnering the rich danced around it.
If only the people in the country would understand that the Republicans are only here to keep the rich richer and don't care at all about the middle class. The lobbyists and corporations are all about making money for themselves not creating jobs.
Decreasing taxes and Wkeeping it the same does not create jobs!!!
As far as distribution of wealth, the Repubs have distributed away from the middle class to the rich.
Thanks to the guy that did an exceptional job explaining that we need to increase revenue before the economy will recover. More cuts and money to states will only out us in a bigger depression--- take a look at HiSTORY!!
I can remember that those same words were spoken about the Lyndon Johnson budget in the '60s. It's been true ever since, through every administration.
So true Cirk! I am so tired of hearing how the health care problem can only be solved by taking from those who have nothing to give. The republicans never talk about how much profit goes to the insurance companies and those who lobby for them. They also talk about a balanced budget but according to them, the only way to achieve that balance is for the bottom 99% to pay. We already pay twice what the rich do but I do not believe they will be content until we are gone.
Sadly, I'm not surprised Diane Rehm decided to stack the deck in favor of one ideology over another. The guest from the Center on Budget and Policy Priorities was overwhelmed by the misinformation & outright lies by Stephen Moore and the man from the American Enterprise Institute, which seems to be Ms. Rehm's favorite think tank, given the numerous appearances on her show from someone from that organization.
NPR, & PBS in general, are one of our last lines of defense against the lies propagated by the likes of Fox News. Ms. Rehm does the nation a disservice by giving these liars a continual platform to spew their lies.
By my guess with no "American Guv'mint" census data: 1/3 spoke the Kings english and 2/3 spoke other than english. how many lived on a King's Grant in a foreign land amid hostile natives? any guess.
By chance i stumbled on Rupert Murdock's flagship TV media Fox News in the doctor's waiting room yesterday at about 2-2:30 EST where the hot topic was that somebody was out to shut down Fox News? it is a sad commentary when the Hot News on Fox is its own persecution?? I for one don't believe their line??? Talk about out of touch... .
Now that American men & women have the Vote -- 2012 General Election: 1/4 Republican; 1/4 Democratic and 1/2 do not care!
I agree...big business is only interested in profit. They don't pay their fair share now but continue to complain about paying too much. If the republicans get what they want, big business will pay nothing, pay us nothing, and work us longer hours. Look at all the politicians who are busting unions. It doesn't matter if you work for a union or not; when their wages drop, everyone's wages drop. I hope the American people wake up to this idea soon and begin to vote accordingly,
Corporations are People too! Big Corporations don't pay taxes -- little people do!
If you fool people with social wedge issues you can sway them to vote against their own best self-interest. IE: "Keep your Government hands of my Medicare" bus tours.. .
Sorry! I keep forgetting "corporations are people too!" I just wish they would start acting more humane! And by the way, someone mentioned Reagan...I know he is the Conservative's Savior but he did so much damage to the working men and women of this country that I get chills every time they mention his name!! He was an awful president! Unless you were in the 1%...
t'would be nice if Ron Paul could stand on his own, independent of the Republican party. Romney is the candidate of the GOP Establishment. But the religious faction is still in play. Evangelicals need a "Good" southern candidate.
4242, humanly as in "focus on the family" or the heritage foundation version. St Ronnie would spew them from his mouth too... yet RR begat the class warfare in the ghettos of Chicago. RR is credited with the idea of under funding government to starve it to death... . and it worked pretty soon Occupy Wall Street will be throwing Motlov Cocktails in the streets of USA... .
I love those four Bs mentioned by the matchmaker. Have you come up with an analogous set of codes for what women are looking for? Thanks!
expate, i'll bet it's the same hack using "ObamaCare" code too... .
at least with the American Enterprise Institute you know what you'll get... .
I guess what I wish is that big business would once again trust the American people to build their products...like we did before RR came along. If just half of the jobs that left the country in the '80s were to return, we would be on our way to a much stronger recovery. Yet for that to happen, corporations would be required to think about something other than the CEOs bonus.
ikornell,
For conservatives they are questioning the definition of poor because they believe 1/2 have cable TV. then there are those that think it is a good thing to have the poor school kids do janitorial jobs. i truly do not believe the 1% see the poor people, maybe it is a chaste system?
Heard the former head of the CBO on Washington Journal the other morning. With guys like this in charge of federal offices (against raising taxes on the rich) no need to wonder how we have ended up in this crunch. I hear guys like him say "raising taxes on the 1% will ONLY
take care of" some enormous amount of our debt in the billions. As if raising revenue in some capacity as well as cutting spending is not a compromise...and that every increase and cut is a potential benefit
http://www.c-span.org/Events/Washington-Journal-for-Monday-February-13/1...
So then the share holders and the corporate heads are GREEDY BASTARDS. And as this old group of WWII Vets and former union members are right these people who abandoned the American worker for their new GOD$$$$$$ are TRAITORS to the US and the American worker. They are traitors
In response to St Louis
So then the share holders and the corporate heads are GREEDY BASTARDS. And as this old group of WWII Vets and former union members are right these people who abandoned the American worker for their new GOD$$$$$$ are TRAITORS to the US and the American worker. They are traitors
I just wish people would start VOTING like they believe the greedy bastards truly ARE traitors...
American corporate tax rates may be high but how much are these corporations actually paying?? So many of them cache their international profits in tax-free havens as depicted in the documentary "We're Not Broke."
American corporate tax rates may be high but how much are these corporations actually paying?? So many of them cache their international profits in tax-free havens as depicted in the documentary "We're Not Broke."
All the childish posts here filled with anti republican cliches miss the point so badly it's hard to believe you completed any level of education. If you think Obama and the democrats are leading you anywhere except over the cliff you truly are a fool.
I was distressed to hear your Republican guest refer to the "prosperity" of the Reagan years without being challenged. Budget deficits TRIPLED under Ronald Reagan. Had Jimmy Carter used that method, he would have been the president to enjoy "prosperity." Reagan's success, moreover, was achieved by using the credit line of the United States of America to line the pockets of his best friends. If you combine this basic, well-accepted set of facts with the information from Jeffrey Clements in his new book, "Corporations Are Not People," you will find that Ronald Reagan and Justice Powell started us on the course that has brought us to the edge of destruction. As the moderator, I hope that Diane will not let one more Republican get away with fudging the facts about the economic history of the United States.
If you`re old enough to remember WWII,maybe you`ll remember "I`d rather be dead than Red".Nowadays it`s just fine to betray your country and send our jobs,our wealth,and our future to China.