President Obama wants to cut $4 trillion from the federal debt in twelve years, with tax increases on the wealthy taxpayers, cuts to some defense, Medicare, Medicaid and discretionary spending, with a mechanism called a "failsafe trigger" to finish the job. Here's what else we learned.
As President Obama launches his campaign for a second term, he’ll be sharpening his talking points about his record. His speech on Wednesday will lay out exactly the way he wants to position the country on fiscal issues.
Leading up to the speech, he’s given mixed messages, depending on the audience. He's been both a big stimulus spender and a shrewd budget cutter. But the lack of a unifying economic philosophy - as well as any unity on the part of Democrats - has given him little room to maneuver when trying to retain his base and avoid scaring off independents. And while some Democrats are criticizing him for lacking political courage, most of them are out of office.
Breaking from the stridency of Rhee or the discomfort of Black, Walcott will test whether better relationships will lead to better politics as he takes on the charge of continuing Bloomberg’s education redesign.
Two days after President Obama launched his reelection campaign, senior campaign strategist David Axelrod came to New York to fire up the base by touting what the president has done for them. More, he came to tell them how much worse it can be.
Speaking in New York City at the 20th anniversary convention of the National Action Network, the Rev. Al Sharpton's civil rights organization, Axelrod pointed to the 2010 midterms as a cautionary tale.
Two days after formally relaunching his reelection campaign, President Barack Obama is coming back to New York to speak to Rev. Al Sharpton’s National Action Network.
While some prominent African American activists have called for tougher scrutiny for the first black president – Princeton professor Cornel West quipped on his radio show last week that “for the first time now, some of the Kool-Aid begins to wear off a bit” – Sharpton has enjoyed a cozy, and conspicuous, relationship with Obama while in office.
Sharpton’s toured public schools with Obama’s Education Secretary, enjoyed Oval Office audiences, and remained a constant attack dog to defend Obama, particularly in the black community.
Henry Thompson, the CEO of the Community Health Center in Staten Island, is suffering from political whiplash.
After the clinic opened in 2006 – with nearly every bold-faced name in local politics in attendance – the clinic received a grant during the Bush administration two years later to build a new location. In 2009, the clinic received $1.3 million in stimulus dollars to expand hours and services.
Then came the federal health care overhaul last year, which provides $11 billion dollars to support and expand the network of clinics across the country.
But now, the clinic is one of six federally funded community health centers that could close if budget cuts passed by the House make it into a final compromise spending plan.
As President Obama laid out his vision for domestic energy production in the future, calling for a drop of one-third in our oil imports, it's worth noting where we're starting from.
President Obama only mentioned "coal" once in his speech, but last year, it made up the largest share of domestic energy production at 45 percent, according to the U.S. Energy Information Administration. Only one percent of domestic energy production came from petroleum, 24 percent was natural gas, and nuclear made up 20 percent of domestic energy.
Hours before Obama's scheduled arrival at a $30,800-a-plate fundraiser at the Red Rooster restaurant, neighborhood residents still gathered early in hopes of catching a glimpse of the president.
On President Obama's agenda today is dedicating a new building at the city's United Nations complex, sitting down with the big three broadcast TV networks, and raising campaign cash.
The Census numbers show a continuing change in the racial geography of New York City in the last decade. According to a WNYC analysis of the numbers, the Asian population increased 32 percent in the city and now makes up 13 percent of the total city population. Hispanic residents grew by 8.1 percent in the city.
New York City grew by 2.1 percent according to 2010 Census numbers released today — but the mayor thinks that's a serious undercount. "We don't quite understand the numbers," Bloomberg said.
Governor Andrew Cuomo hung the responsibility of passing a budget squarely on the shoulders of lawmakers in a video message to New Yorkers on Wednesday. “Either the legislature will pass, or will fail to pass, the state budget that I have proposed,” Cuomo said in a video on his website. “The budget that I proposed does what you sent me here to do. It closes a $10 billion deficit with no new taxes.”
That’s no new taxes at the state level. But with cuts to municipal and county budgets in the offing, some of those costs may be passed straight to local property tax bills, which are already among the highest in the nation.
Former Minnesota Governor Tim Pawlenty is scheduled to announce at 3pm on Monday that he's forming a exploratory committee for a run for president. The official word will be available exclusively on Facebook, and to get to see it, you have to 'like' him.
Governor Andrew Cuomo said he's concerned over a report that one of the nuclear reactors at the Indian Point power plant along the Hudson River is on an earthquake fault line, and is checking into the matter.
Cuomo said it was a "surprise" to him that a federal study, first reported on MSNBC, finds Indian Point may be the nuclear plant most susceptible to possible damage from a massive earthquake in the nation.
One of the reactors is built very near an earthquake fault line.
At a hearing on Capitol Hill, Energy Secretary Steven Chu reaffirmed the Obama administration's support for U.S. nuclear energy development in the shadow of Japan's radiation fears.
"That position has not been changed," Chu said when pushed by Rep. Joe Barton (R-TX) about whether President Obama still supports new domestic nuclear energy development. "That's a yes."
"That's what I wanted you to say," Barton said.
Stocks of GE declined in early trading on Tuesday because of concerns about the company’s connection to the nuclear reactors that are at risk of meltdown in the aftermath of the earthquake in Japan.
GE designed the six reactors at the Fukushima Dalichi nuclear power plant, where a third explosion erupted on Tuesday morning, which may have breached a reactor's inner containment vessels.
Now, nuclear experts are watching closely to see how well the earthquake-battered containment systems are containing radiation.
While nuclear power has enjoyed a resurgence of bipartisan support in Washington — like in this 2009 op-ed from Sens. John Kerry (D-MA) and Lindsay Graham (R-SC) — the local politics around nuclear energy have remained charged. In both New Jersey and New York, leaders have been looking for exit plans for their decades-old nuclear plants.
Last year, President Obama was calling investment in new nuclear power plants “a necessity.” He reiterated his call for nuclear investment in his State of the Union this year and in his budget proposal, which calls for $36 billion in loan guarantees for new nuclear construction.
Then, in the last 72 hours, two hydrogen explosions rocked Japan in the aftermath of the devastating tsunami and earthquake.
Now, Washington is readying its response, with key lawmakers urging caution, rather than a reconsideration, of domestic nuclear policy.
On the morning of the gubernatorial primary in Connecticut last August, Democrat Dannel Malloy stopped by a picket line to campaign, visiting nurses who had been striking for months.
The visit came back to haunt him in the general election, when his Republican opponent Tom Foley seized on the stop to show Malloy was “in the pocket" of unions, and cornered Malloy into insisting to voters that he hadn’t made any promises to public employees.
Malloy eked out a win, the first for a Democrat in Connecticut in twenty years, with a margin of about a half a percentage point.
“I thanked them for their support, but I also pointed out that one of the reasons it was as close as it was was because of their support,” Malloy said this week in his Capitol office. “And they know that.”