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July 28, 2011 6:51 pm ET filed under Blog

Rep. Paul Ryan: "Let's Pass A Bill To Cover The Moon With Yogurt"

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July 28, 2011 5:55 pm ET filed under Blog

Rep. Dreier Pretends Boehner Plan Will "Ensure" Safety Net Is "Not Touched"

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July 28, 2011 2:41 pm ET filed under Video

Sen. Hutchison: GOP Has Offered "So Many Opportunities For A Compromise"

From the July 28 edition of Fox's Happening Now:

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July 28, 2011 2:19 pm ET filed under Blog

GOP Freshman Likens Vote For Boehner Plan To "Lexington & Concord," "Antietam," "D-Day"

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July 27, 2011 5:41 pm ET filed under Video

Rep. Kinzinger: Raising The Debt Ceiling Is Our Compromise

From the July 27 edition of Fox Business's Bulls & Bears:

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July 27, 2011 5:29 pm ET filed under Blog

Rep. Gowdy: "The Real Dichotomy Is Default Versus Downgrade"

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July 27, 2011 12:32 pm ET filed under Blog

Speaker Boehner's Debt Plan Will Definitely "Hurt Some People"

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July 26, 2011 4:16 pm ET filed under Blog

Speaker Boehner Debunks His Own "Blank Check" Lie

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July 26, 2011 1:31 pm ET filed under Blog

Rep. Broun Says He Wants To "Throw Up" When Democrats "Talk About The Children"

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July 26, 2011 12:04 pm ET filed under Video

Rep. Foxx Blasts "Status-Quo Tax Hikes," Claims Dems Aren't Willing To Cut

From a July 26, 2011, speech on the House floor:

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July 25, 2011 5:55 pm ET filed under Video

Rep. Cantor: GOP Plan Is "Compromise" Because Republicans Aren't Getting "All That They Want"

From a July 25, 2011, House GOP press conference:

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July 25, 2011 2:11 pm ET filed under Blog

Sen. Kyl Goes From Poll Doubter To Public Opinion Expert In Just Seven Days

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July 25, 2011 10:20 am ET filed under Blog

Fact Checking The Sunday Shows - July 24, 2011

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July 25, 2011 10:12 am ET filed under Fact Check

Fact Checking The Sunday Shows - July 24, 2011

This week's Sunday shows were largely about the struggle to reach an agreement to raise the debt ceiling. On Fox News Sunday, Speaker John Boehner (R-OH) blamed Obama's policies for "out of control" spending without noting that the wars in Iraq and Afghanistan, the recession, and the Bush tax cuts are the primary drivers of debt and deficits. He also touted the deeply problematic balanced budget amendment. On CNN, Rep. Tom Price (R-GA) claimed that the House-passed GOP budget eliminated all corporate loopholes when it really secures tax breaks for big oil, all while necessitating a middle-class tax hike. Price also minimized the very serious effects of the checks that won't get paid out if the debt limit isn't raised by August 2nd. Later, Tim Pawlenty falsely claimed that President Obama is responsible for tripling deficits within his term. On Face the Nation, Sen. Jon Kyl (R-AZ) wrongly said that spending alone is the problem driving deficits. Finally, on Meet the Press, Sen. Tom Coburn (R-OK) justified the GOP's efforts to obstruct debt ceiling negotiations by distorting credit rating agencies' warnings, and then blamed Democrats for the GOP-driven politicization of a Federal Aviation Administration funding bill.

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July 22, 2011 1:16 pm ET filed under Blog

Sen. DeMint's Transparent Trust Fund Flip-Flop

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July 22, 2011 10:53 am ET filed under Fact Check

Sen. Hutchison Falsely Claims The Affordable Care Act Is "Why People Aren't Hiring"

This morning on MSNBC's The Daily Rundown, Sen. Kay Bailey Hutchison (R-TX) told host Chuck Todd that the she would favor any debt ceiling bargain that would curb the Affordable Care Act because "That's why people aren't hiring" and "the biggest thing that is hurting our economy right now." In fact, economists surveyed by the Wall Street Journal and members of a right-leaning business association agree that the main reason for tempered hiring is uncertainty due to weak demand, not government policies.

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July 21, 2011 4:09 pm ET filed under Blog

No, "Everyone Else" In America Does Not "Abide By A Balanced Budget Requirement"

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July 21, 2011 3:43 pm ET filed under Fact Check

Rep. Jordan: Washington Is "The Only Entity" Without A "Balanced Budget Requirement"

In a YouTube interview with Rep. Virginia Foxx (R-NC), Republican Study Committee Chairman Jim Jordan (R-OH) argued for a constitutional balanced budget amendment by claiming that "everyone else has to abide by a balanced budget requirement," a statement that disregards the utility of government borrowing to buoy the economy in hard times. But Jordan's analogy is not just wrongheaded, it's factually incorrect. The families, small businesses, localities and states that he referred to each undertake massive amounts of debt in order to invest and grow, or to make it through tough economic times. The scale of household, business and municipal borrowing makes Jordan's statement look downright silly.

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July 21, 2011 12:24 pm ET filed under Video

Grover Norquist Walks Back Statement On Bush Tax Cuts

From the July 21, 2011, episode of MSNBC's Jansing & Co.:

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July 19, 2011 4:16 pm ET filed under Video

Rep. Gingrey Compares Debt Ceiling To "Blood-Alcohol Level"

From a July 19, 2011, speech on the floor of the House of Representatives:

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July 19, 2011 2:14 pm ET filed under Blog

Sen. Coburn's Gimmicky Plan Gives Big Oil A Free Pass

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July 19, 2011 1:29 pm ET filed under Blog

Default Is A De Facto Tax Increase On Job Creators

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July 19, 2011 12:09 pm ET filed under Fact Check

Memo To Republicans: Default Is A De Facto Tax Increase On Job Creators

Congressional Republicans continue to insist that any deal to raise the debt ceiling and reduce the federal deficit must not include revenue increases. So steadfast and inflexible is their position that they'd rather see the economy plunge than raise taxes or eliminate subsidies. But behind the Republican Party's uncompromising position lays another reality: A higher interest rate caused by a default would increase the cost of borrowing and acquiring capital. For a small business looking to expand or hire additional workers, such an increase in interest rates has the same impact as a tax increase. But unlike the elimination of specific tax benefits proposed by the Obama administration, the de facto tax increase that would come as a result of default would have an impact directly on the small businesses that Republicans claim to be protecting. And unlike a targeted revenue increase, the higher cost imposed on businesses will not go towards reducing the deficit.

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July 19, 2011 10:45 am ET filed under Blog

Rep. Franks Uses Fallen Soldiers To Argue For Republican Policy

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July 18, 2011 2:22 pm ET filed under Blog

Graham Forgets The '90s

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July 18, 2011 10:38 am ET filed under Blog

Fact Checking The Sunday Shows - July 17, 2011

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July 18, 2011 10:21 am ET filed under Fact Check

Fact Checking The Sunday Shows - July 17, 2011

The looming default crisis dominated the Sunday talk shows, which meant Republicans were busy misrepresenting their own proposals, the polling about their proposals, and the policies that put us in this mess to begin with. On NBC, Sen. Jim DeMint (R-SC) claimed the GOP's balanced budget amendment scheme is the only way to satisfy credit raters about U.S. creditworthiness, which is simply not true. On ABC, Sen. Jon Kyl (R-AZ) and Rep. Raul Labrador (R-ID) pretended that polling supports the GOP's anti-tax zealotry despite at least 21 polls this year that show broad opposition to their ideological stance. On Fox, Rep. Jim Jordan (R-OH) falsely claimed the GOP's scheme doesn't require even steeper cuts to the safety net than the House 2012 budget and unfairly laid the blame for our debt entirely at President Obama's feet, and Herman Cain lied about who pays top-end income tax rates. Meanwhile, Rudy Giuliani misrepresented recent economic history and exaggerated his own budget accomplishments in New York City, and Sen. Marco Rubio (R-FL) misled viewers about Social Security.

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July 15, 2011 4:34 pm ET filed under Video

Cantor Describes Debt Default As A "Risk That I'm Not Willing To Take"

From a July 15, 2011, speech on the floor of the U.S. House of Representatives:

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July 15, 2011 12:02 pm ET filed under Blog

Balanced Budget Amendment Requires Budget So Draconian Even The GOP Voted Against It

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July 14, 2011 10:44 am ET filed under Blog

RNC Chairman Rewrites Moody's Report

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