tax cuts http://www.mrc.org/taxonomy/term/20357/all en Fiscal Cliff Deal’s $4 Trillion Price Tag Ignored by 5 out of 6 Shows http://www.mrc.org/articles/fiscal-cliff-deals-4-trillion-price-tag-ignored-5-out-6-shows <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> On day of the deal only one of the network morning and evening shows mentioned the hefty cost of the deal because of the lack of spending cuts. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/julia-seymour">Julia A. Seymour</a> </div> </div> </div> <p>To the chagrin of many conservatives, a deal that would result in tax hikes and lacked spending cuts was passed on New Year’s Day, hours after the the fiscal cliff deadline had passed. <br /><br />Because it didn’t include spending cuts, the Congressional Budget Office estimated that it would cost $4 trillion over the next 10 years. That is $4 trillion on top of a federal debt that already exceeds <a href="http://www.brillig.com/debt_clock/">$16 trillion</a>. During Obama’s tenure he has run annual deficits of $1 trillion or more.<br /></p><p><a href="http://www.mrc.org/articles/fiscal-cliff-deals-4-trillion-price-tag-ignored-5-out-6-shows" target="_blank">read more</a></p> Articles MRC Business Economy Government Media Politics Taxes 4 trillion abc Barack Obama Budget cbo cbs congressional budget office dave camp debt Deficit fiscal cliff mike conaway Nancy Cordes NBC Norah O'Donnell spending cuts Steve LaTourette tax cuts tax increases This Morning trillion Thu, 03 Jan 2013 22:20:43 +0000 julia.seymour 42137 at http://www.mrc.org NYT's David Leonhardt, DC Bureau Chief, Spouts Conventional DC Wisdom on GOP Losing Tax Debate http://www.mrc.org/articles/nyts-david-leonhardt-dc-bureau-chief-spouts-conventional-dc-wisdom-gop-losing-tax-debate <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/clay-waters">Clay Waters</a> </div> </div> </div> <p><em>New York Times</em> Washington bureau chief David Leonhardt appeared on <a href="http://thedianerehmshow.org/shows/2012-11-30/friday-news-roundup-domestic/transcript">The Diane Rehm Show </a>on NPR last Friday and purveyed Washington's conventional wisdom about how Republicans were losing the battle of the "fiscal cliff" and saw "the end of the great era of American tax cutting."<img src="http://www.mrc.org/sites/default/files/images/David_Leonhardt_4.jpg.crop_display.jpg" style="float: right;" height="190" width="312" /></p><p><a href="http://www.mrc.org/articles/nyts-david-leonhardt-dc-bureau-chief-spouts-conventional-dc-wisdom-gop-losing-tax-debate" target="_blank">read more</a></p> Articles TimesWatch David Leonhardt Diane Rehm Show fiscal cliff Grover Norquist tax cuts Mon, 03 Dec 2012 19:46:29 +0000 clay.waters 41936 at http://www.mrc.org Fiscal Cliff: ABC Talks Taxes 17 Times More Than Spending Cuts http://www.mrc.org/articles/fiscal-cliff-abc-talks-taxes-17-times-more-spending-cuts <div class="field field-type-text field-field-subtitle"> <div class="field-items"> <div class="field-item odd"> All three broadcast networks focus more on tax increases as solution to budget battle. </div> </div> </div> <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/dan-gainor">Dan Gainor</a> </div> </div> </div> <p dir="ltr">America is racing toward the Jan. 1 fiscal cliff deadline when tax hikes and spending cuts automatically take effect. But the overwhelming news focus has been only on tax hikes as a solution to the problem. Since the election, ABC News has talked about raising taxes more than 17 times more than spending cuts.</p><p><a href="http://www.mrc.org/articles/fiscal-cliff-abc-talks-taxes-17-times-more-spending-cuts" target="_blank">read more</a></p> Articles MRC Business Economy Government Media Politics Taxes abc Barack Obama Budget cbs David Martin economy fiscal cliff Grover Norquist Jonathan Karl NBC no tax hikes Paul Ryan pledge sequester spending cuts tax cuts tax hike tax increase Wyatt Andrews Mon, 03 Dec 2012 14:00:00 +0000 julia.seymour 41923 at http://www.mrc.org Time's Foroohar: 'I'm Actually Sad' That We're 'Talking About Taxes' http://www.mrc.org/biasalerts/times-foroohar-im-actually-sad-were-talking-about-taxes <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/brad-wilmouth">Brad Wilmouth</a> </div> </div> </div> <p><img class="imagecache-medium_280_x_158" title="Media Research Center" alt="Media Research Center" src="http://www.mrc.org/sites/default/files/imagecache/medium_280_x_158/images/2012-07-15-CBS-FTN-BigForoo.jpg" style="float: right;" />Appearing as a panel member on Sunday's <em>Face the Nation</em> on CBS, <em>Time</em> magazine's Rana Foroohar - assistant managing editor in charge of economics and business - lamented that she was "sad" at how much taxes are being discussed as she asserted that "one thing that's not going to get us some kind of a growth boom is a tax cut," and then called f</p><p><a href="http://www.mrc.org/biasalerts/times-foroohar-im-actually-sad-were-talking-about-taxes" target="_blank">read more</a></p> BiasAlerts News Analysis Division Economy Politics Taxes cbs economy Face The Nation Rana Foroofar tax cuts Time Mon, 16 Jul 2012 04:57:12 +0000 40641 at http://www.mrc.org CNN Says Obama Has Cut Taxes 'Like Crazy,' Suggests Wealthy Should Pay More http://www.mrc.org/biasalerts/cnn-says-obama-has-cut-taxes-crazy-suggests-wealthy-should-pay-more <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/matt-hadro">Matt Hadro</a> </div> </div> </div> <p> <img src="/sites/default/files/uploads/2012-07-09-CNN-Roundup-Taxes3.jpg" style="float: right; margin: 3px;" />CNN brandished liberal talking points on taxes during its morning and evening programming on Monday, in light of President Obama wishing to extend the Bush tax cuts to only those making less than $250,000 a year.<br /> </p><p><a href="http://www.mrc.org/biasalerts/cnn-says-obama-has-cut-taxes-crazy-suggests-wealthy-should-pay-more" target="_blank">read more</a></p> BiasAlerts News Analysis Division Barack Obama Christine Romans CNN economy Piers Morgan tax cuts taxes Tue, 10 Jul 2012 21:46:37 +0000 matt.hadro 40602 at http://www.mrc.org Bartiromo Predicts Bush Tax Cuts Extended, Worries U.S. Not on the 'Ascent' http://www.mrc.org/articles/bartiromo-predicts-bush-tax-cuts-extended-worries-us-not-ascent <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>There’s a lot of uncertainty with the <st1:place w:st="on"><st1:country-region w:st="on">U.S.</st1:country-region></st1:place> economy and a lot of its recovery hinges on some key policy decisions due from the federal government.</p><p><a href="http://www.mrc.org/articles/bartiromo-predicts-bush-tax-cuts-extended-worries-us-not-ascent" target="_blank">read more</a></p> Articles MRC Business Taxes Bartiromo Kudlow PaulV olker tax cuts weak dollar Tue, 03 Nov 2009 13:09:31 +0000 admin 26521 at http://www.mrc.org Media's Zandi Zeitgeist: Government Spending Trumps Tax Cuts http://www.mrc.org/articles/medias-zandi-zeitgeist-government-spending-trumps-tax-cuts <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>The media did it back in 2001 when President George W. Bush was fighting a recession. They’re doing it again today. Whenever the press discusses what government can do to jumpstart a failing economy, reporters often downplay tax cuts and praise government spending.</p><p>Now the media have found a favorite source to lend credibility to its pro-spending proclivities. Mark Zandi of Moody’s Economy.com is frequently consulted by the press and cited by Democratic politicians for his “Bang for the Buck” chart in which Zandi advocates government spending over tax cuts.</p><p><a href="http://www.mrc.org/articles/medias-zandi-zeitgeist-government-spending-trumps-tax-cuts" target="_blank">read more</a></p> Articles MRC Business Taxes Keynesian mccain tax cuts Wed, 04 Feb 2009 18:48:40 +0000 admin 26973 at http://www.mrc.org Hillary's Social Security Solution: Stop Funding 'Tax Cuts for the Wealthy and the War in Iraq' http://www.mrc.org/articles/hillarys-social-security-solution-stop-funding-tax-cuts-wealthy-and-war-iraq <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; How many campaign promises can be funded by doing away with the Bush tax cuts? </p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; At an AARP candidate forum in Davenport, Iowa, on September 20, Democratic presidential candidate Hillary <a href="http://www.iptv.org/video/detail.cfm/627"></a>Clinton proposed averting a Social Security crisis could be done partly with that strategy. </p><p>&nbsp;</p><p><a href="http://www.mrc.org/articles/hillarys-social-security-solution-stop-funding-tax-cuts-wealthy-and-war-iraq" target="_blank">read more</a></p> Articles MRC Business Government clinton elderly healthcare hillary Iraq money rich Social Security tax cuts Trust Fund war wealthy Thu, 27 Sep 2007 20:43:16 +0000 admin 25323 at http://www.mrc.org Facts Exempt: Network News and Taxes http://www.mrc.org/special-reports/facts-exempt-network-news-and-taxes <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/timothy-lamer">Timothy Lamer</a> </div> </div> </div> <p style="text-align: center;"><span style="font-size: medium;"><strong>Executive Summary</strong></span></p><p>A recent <i> Wall Street Journal</i>/NBC News poll, reported in the April 9 <i> Wall Street Journal</i>, asked Americans which they would prefer: a candidate who advocates cutting taxes, or a candidate who favors more spending on education and child care. Only 39 percent preferred a tax-cutting candidate, while 55 percent wanted a candidate who would spend more money.</p><p><a href="http://www.mrc.org/special-reports/facts-exempt-network-news-and-taxes" target="_blank">read more</a></p> Special Reports MRC Business abc cbs highertaxes NBC tax cuts Thu, 31 May 2012 17:30:00 +0000 kristine.lawrence 40262 at http://www.mrc.org