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Deficit Reduction

The Brian Lehrer Show

David Leonhardt: Here's The Deal

Tuesday, February 12, 2013

David Leonhardt, Washington bureau chief for the New York Times and author of the new e-book Here's the Deal, previews tonight's State of the Union address, and discusses his take on deficits, taxes, and growth. Plus, what the North Korean nuclear test means for Obama diplomacy.

→ Tonight: SOTU Watch and Live-Chat with Brian, plus Emily Bazelon and David Plotz of Slate's Politics Gabfest! Starts here at 9pm.

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It's A Free Blog

Opinion: GOP Should Welcome the Spending Cuts They Bargained For

Friday, July 27, 2012

Mandatory spending cuts are on the horizon, and the party of fiscal discipline doesn't do itself any favors by running from them.

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The Takeaway

Top of the Hour: House Republicans Move to Solve Deficit, Morning Headlines

Thursday, December 15, 2011

House Republicans have laid out a spending bill would cap non-emergency discretionary spending at one trillion dollars, despite a request from President Obama and Democrats for more talks. The move to pass this bill comes at a strategic time before the House breaks for the holidays.

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It's A Free Country ®

Paul Krugman: Super Committee Failure is a Good Thing

Monday, November 28, 2011

Welcome to Politics Bites, where every afternoon at It's A Free Country, we bring you the unmissable quotes from the morning's political conversations on WNYC. Today on the Brian Lehrer Show, Paul Krugman reviewed the failure of the Super Committee to reach a deal, the ongoing crisis in Europe and the future of the euro, and more from the world of politics and economics.

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The Brian Lehrer Show

Paul Krugman: Super Committee Failure is a Good Thing

Monday, November 28, 2011

Recap from It's A Free Country

Paul Krugman says we need to leave Social Security and Medicare alone, raise taxes on the wealthiest Americans, and get over our fear of government spending—which is why he's happy that the deficit reduction super committee didn't make a deal.

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It's A Free Country ®

Super Fallout: Why the Debt Committee Failed

Tuesday, November 22, 2011

TIME's Jay Newton-Small says that poor voter turnout means that most people aren't represented in the United States' most representative body. Congress is representing the extremes, and that's why it feels like nothing's getting done.

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The Takeaway

Grover Norquist on the Failure of the 'Super Committee'

Tuesday, November 22, 2011

Disappointing many, but surprising few, the so-called Congressional "super committee" tasked with finding at least $1.2 trillion in deficit reductions announced it had failed to reach an agreement on Monday. Now, a wide range of spending cuts impacting everything from domestic to military programs will be implemented, which economists say will further hinder recovery. President Obama vowed to veto any legislation that attempts to undo the cuts. Both parties are snipping over who is to blame, though one private citizen's name keeps getting mentioned — Grover Norquist.

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It's A Free Country ®

Super Committee Struggles: What $1.2 Trillion in Cuts Looks Like

Wednesday, November 16, 2011

Should the deficit reduction super committee fail to cut at least $1.2 trillion in spending, a trigger will do it for them, taking an axe to defense spending while largely sparing entitlement programs.

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It's A Free Country ®

Debt Committee Impasse May Keep Deficit Talks Going Through 2013

Monday, November 14, 2011

If they find anything [by the deadline], it's going to be window dressing...I think they could come up with something, but not anywhere near the level most economists say needs to happen in order to get this country back on a fiscal sustainable path.

Politico congressional reporter Manu Raju on The Brian Lehrer Show.

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It's A Free Country ®

Monday Morning Politics: Cain Stained, Super Committee Struggles

Monday, October 31, 2011

This is part of a vetting process for a candidate who has done better than any of us expected. Herman Cain has really defied the expectations of political reporters who didn't take him seriously even as he was rising in the polls. We were slow to recognize the appeal he had with the Republican electorate. Now he's beating Rick Perry in a poll in Texas.

USA Today Washington bureau chief Susan Page on The Brian Lehrer Show.

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The Takeaway

The Nuts and Bolts of President Obama's Deficit Reduction Plan

Tuesday, September 20, 2011

Republican critics like Mitch McConnell are calling it "class warfare" and a "massive tax hike" with "phantom savings." The president calls it simply a matter of shared sacrifice. Is Obama's new deficit reduction plan, which he unveiled in a speech Monday morning, a piece of legislation with a legitimate shot of being voted into law or simply a campaign move ahead of the 2012 election? And does the president's math add up when he says the bill is paid for?

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It's A Free Country ®

Bad News Roundup: Poverty Rises, Income Drops, Super Committee Meets

Tuesday, September 13, 2011

A new report from the U.S. Census Bureau shows the number of Americans living in poverty at an all-time high and the median income dropping—just in time for a deficit reduction super committee hearing this morning.

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It's A Free Country ®

The Process is Political: Branding 'No Labels' with Starbucks

Tuesday, September 06, 2011

Political Junkie Calendar: Wednesday with GOP contenders, Thursday with Obama, Tuesday with Starbucks CEO?: The centrist political group No Labels has joined forces with Starbucks CEO Howard Schultz, who's trying to organize corporate executives to withhold campaign contributions "until Washington reaches a fair, bipartisan deal on our country's long-term economic future." This call to join a conference call was helped by full-page ads in the The New York Times on Sunday and in USA Today on Tuesday. This pitch for bipartisanship, of course, will be followed by Republicans and Democrats making their own pitches. Given all the confusion last week, I'll make those details super-clear. The latest GOP debate at the Reagan library on Wednesday at 8pm and televised on NBC. Obama's jobs speech to Congress on Thursday starts at 7pm and will be over by the NFL season kickoff, the White House promises. (No Labels)

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The Brian Lehrer Show

Booster-in-Chief

Wednesday, August 17, 2011

President Obama says in September he'll send Congress "a very specific plan to boost the economy, to create jobs, and to control our deficit." Peter Coy, economics editor for Bloomberg Businessweek, examines the president's options for such a plan.

→ Add Your Comments, Listen, and Read a Recap at It's A Free Country

The Takeaway

As Debt Deadline Looms, States Could Be Biggest Loser of Them All

Thursday, July 28, 2011

As the deadline for increasing the nation's debt ceiling inches closer, individual states are getting ready for the possibility that the Treasury will run out of cash. According to the National Association of State Budget Officers, 35 percent of state budgets rely upon federal funding to keep programs like unemployment, Medicaid, transportation projects and highways running.

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It's A Free Country ®

The Catholic Case Against Boehner's Budgets

Friday, May 13, 2011

It looks as if the Ryan budget takes as its special target programs that serve the poorest and most vulnerable of Americans. Maternal and child health grants, WIC programs, food stamps, Medicaid and Medicare...All these things really put at risk the poorest of Americans. It seems as if that's contrary to the way our faith talks about preferencing the needs of the poor in our public policy.

Stephen F. Schneck, Director of the Institute for Policy Research & Catholic Studies at the Catholic University of America, on The Brian Lehrer Show.

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The Takeaway

Would Corporations Feel Effects of Higher Tax Rate?

Tuesday, May 03, 2011

The United States could soon have the highest corporate tax rate in the world, however with the large number of tax breaks and loopholes, corporations will likely continue to pay less taxes than their international counterparts. Wall Street and finance reporter for The New York Times, Louise Story reports on whether changes will come to the U.S. tax code.

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It's A Free Country ®

The Fiscal Impact of Obama's Budget Speech

Thursday, April 14, 2011

To those people paying the bill, those people under 55, we say, 'You don't get Medicare. You get something less generous, but we don't have any choice.' I think it's deeply unfair to make that big divide and say, 'I've got this great plan, it's really great, it won't harm you, it will save vast amounts of money—but don't worry: so long as you're 55, you won't have to be any part of it.'

David Leonhardt, writer of the "Economic Scene" column for the New York Times, discussing Paul Ryan's budget on The Brian Lehrer Show.

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The Brian Lehrer Show

President Obama's Deficit Reduction Plan

Thursday, April 14, 2011

David Leonhardt, writer of the "Economic Scene" column for the New York Times, breaks down the fiscal impact of President Obama's deficit reduction plan, and how it differs from the Paul Ryan proposal.

→ Listen, Read a Recap, and Add Your Comments at It's A Free Country

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It's A Free Country ®

Explaining the Deficit

Tuesday, April 12, 2011

WNYC

The [political] fault lines are here in that the Tea party won a huge victory in the Congressional beat down and when you have someone like Rep. Ryan coming out and touching third rails of government...talking about slashing Medicare, talking about really representing the Tea Party agenda in certain elements, in that you could simultaneously cut the top tax rate and cut spending, you're really forcing the administration's hand. They're king of saying, well we're putting political skin in the game and now we're going to force you to come out and sacrifice some of your fiscal sacred cows.

Roben Farzad, senior writer for Bloomberg Business Week, on The Brian Lehrer Show.

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