Skip to main content

Federal Unemployment Extension Deal

Federal Unemployment Extension Deal - President Obama said Monday night that an agreement had been reached with the Republican leadership to extend both the Bush tax cuts and federal unemployment benefits. The Bush tax cuts, including the cuts for the richest taxpayers, would be extended by two years; federal unemployment benefits would be extended until the end of 2011.

The deal also evidently extends some of the tax breaks in last year’s stimulus package.

Democrats reacted to this announcement with mostly disappointment. Rep. Anthony Weiner criticized Obama for “punting on third down” and failing to use his office to lobby for a more progressive package that would have extended the unemployment benefits and all the tax cuts except those for the wealthiest taxpayers.

What continues to be obvious is the internal incoherence of the Republicans’ positions on the subject:

Position 1: We support extending unemployment benefits but only if an extension is offset by budget cuts so it doesn’t increase the deficit.

Position 2: We’ll go along with extending unemployment benefits but only if you agree to extend tax cuts for the rich that will increase the deficit by an additional $700 billion.

There’s an old saying in D.C. and it goes like this: No one cares about the deficit and those who complain about it the most care about it the least. It seems to be coming true before our eyes.

Federal Unemployment Extension Deal

Comments

Popular posts from this blog

Urban Meyer Stepping Down

Urban Meyer Stepping Down - Well, it appears as if it’s deja vu all over again.

Less than 12 months after retiring and then un-retiring, Urban Meyer is apparently stepping down as Florida’s head coach. There’s no word on if he will be stepping back up tomorrow.

Urban Meyer Stepping Down

According to Todd Wright of Sporting News radio, GatorUpdates.com and AOL Fanhouse‘s Brett McMurphy Meyer will announce at a 5 p.m. ET press conference Wednesday that he is resigning/retiring as the Gators’ head coach. There are no further details available at this time, other than GatorUpdates reporting over the weekend that Meyer checked into a hospital the week of the UGA game and has been undergoing tests since.

Obviously, we’ll have more on this story throughout the day and well into the night…

Urban Meyer Stepping Down

Matt Cassel Undergoes Appendectomy

Matt Cassel Undergoes Appendectomy - The mystery of Matt Cassel missing practice Wednesday coupled with the Kansas City Chiefs promoting quarterback Tyler Palko has been solved.

The team has announced that Cassel underwent an appendectomy on Wednesday morning. The Chiefs say they expect Cassel to return to work this week. Returning to work and being ready to perform well in the team’s biggest game of the season on Sunday against San Diego are two different things. ESPN’s Adam Schefter is reporting the Chiefs are viewing Cassel as being questionable to play in the game.

Clearly, this is terrible timing. The Chiefs are 8-4 and would take a major step toward the playoffs with a win over the Chargers. Cassel has played very well for the past two months. If he can’t play, the brittle Brodie Croyle would face the Chiefs in his first action of the season. Croyle last played in Week 13 of the 2009 season.

Matt Cassel Undergoes Appendectomy

Cassel’s availability will come down to whether he…

100-calorie Packs Diet

100-calorie Packs Diet - Did you know recent studies show chronic dieters tend to consume more calories when foods and packages are smaller? Consumer behavior was observed in the study regarding "mini-packs," 100-calorie food packages that are marketed to help people control calorie intake.

The study revealed that one group that over-consumes the mini-packs is chronic dieters - individuals making a conscious effort in trying to manage their weight and food intake.

This shows that the distorted perception of small packages may actually undermine dieters' attempts to limit calories.

Consider this: Consumers perceive the mini-packs to be a generous portion of food - numerous small food morsels in each pack and multiple mini-packs in each box - while on the other hand, consumers perceive the mini-packs to be diet food. For chronic dieters, this perceptual dilemma causes a tendency to overeat, due to their emotion-laden relationship with food.

In a series of focus group studi…