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It seems Republicans are ready to die on their sword of protecting tax cuts for the rich and are going to do their best to blame President Obama for their unwillingness to negotiate on anything in good faith. They've been wanting to take a pound of flesh from the working class by slashing our social safety nets and it looks like they might use this sequester to finally get their way: GOP Eager For The Sequester To Go Into Effect So They Can Blame Obama For Its Devastating Consequences:

With the sequester deadline looming just two weeks away, Republicans have adopted the public posture of cheerleading for the anticipated spending reductions to social programs, while preparing to blame President Obama for their devastating impact on middle class Americans and national security.

Republicans have yet to offer a proposal that would offset the cuts in the 113th Congress and have categorically rejected the Senate’s balanced approach of higher revenues and spending cuts. Instead they’re sitting on their hands until the March 1 deadline, informing Obama that they will not act to head off the automatic reductions. [...]

Pressed by Crowley on the consequences of the across-the-board cuts, Barrasso initially dismissed their impact before blaming Obama for any deleterious effects. “I believe the president has a lot of authority that he can decide how this works, and, yeah, he can make it very uncomfortable, which i think would be a mistake on the part of the president, but when you take a look at the total dollars there are better ways to do this, but the cuts are going to occur,” he said.

Here's more from them on the damage the cuts would do: How The Sequester’s Budget Cuts Will Devastate Already-Battered Programs:

Federal spending is scheduled to reach historic lows thanks to the Budget Control Act, which placed caps on spending as part of the deal to raise the debt ceiling in the summer of 2011. Non-defense spending is already 14 percent lower than it has been at any time in the last half-century, and it could go even lower if the so-called “sequester,” a series of automatic budget cuts that will begin to take effect at the beginning of March, is allowed to occur.

The drop in domestic spending has already devastated many programs on which Americans depend. But on March 1, those cuts will get even deeper when the first $85 billion of sequester cuts take effect.

That will have a substantial impact on food safety, education, law enforcement, and safety net programs, according to estimates from Democrats on the House Appropriations Committee. And if the sequester is left in place for the full year, it will cut $1.5 trillion and those effects will only get worse: Read on...

Here's a reminder from Greg Sargent on the right's decision to use the sequester as "leverage" against President Obama: We all agree that spending cuts hurt the economy. Right? Right.:

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After watching Ali Velshi fill in on some of CNN's coverage over the holidays on this "fiscal cliff" debacle, I would definitely be happy to see him take Erin Burnett's place on CNN in the evening. He corrected wingnut Rep. Tim Huelskamp on the air this Tuesday and the following evening after the House finally voted to pass the Senate's bill, he didn't let Rep. Tom Cole get away with trying to blame S&P's downgrade of our credit rating on the budget deficit.

After Cole again explained that he was happy with the Republicans passing this deal because they got a lot of what they liked and that they planned on leveraging the debt ceiling to get some of the spending cuts they want, Cole said this:

COLE: We didn't have a downgrade because of the debt ceiling debate. We had it because we weren't dealing with our deficit. This is...

VELSHI: That's not entirely true. (CROSSTALK) No, no, It's not entirely true.

COLE: It actually is. (CROSSTALK)

VELSHI: Congressman, I really enjoy talking to you. I think you're one of the best around. It's just not entirely true.

COLE: Look, you can't have trillion dollar deficits for four consecutive years and have it going forward...

VELSHI: Give me five minutes and I'll pull out S&P's report. I mean, I'm not the guy to have this fight with. I don't know as much about Congress as you do, but I do know about this.

Velshi went on to give him a hard time about the Republicans not being able to get their act together in the House and he's exactly right, that report did not blame the deficit. It blamed the politicians not being able to work together.

When Cole attempted to put most of the blame for the Simpson-Bowles commission going nowhere onto President Obama, Velshi reminded him that their vice presidential candidate, Paul Ryan voted against the plan as well. Velshi didn't give Democrats a pass for their part in any of this brinksmanship we've seen going on, but he made sure to let the viewers know we're dealing with a really dysfunctional House right now.

It was nice to at least see the Representative not be allowed to get away with just completely revising history. I'd have been happier after watching this if he wasn't allowed to pretend that it's going to be acceptable behavior for them to continue their hostage taking during this upcoming debt ceiling debate. I've still got my issues with Velshi, mainly due to the fact that's he's on board for austerity measures and cuts to our social safety nets and like so many of them, seems obsessed with the deficit instead of getting Americans back to work. But compared to Burnett, who he's been filling in for, he's a breath of fresh air. It would really be nice to see more of these anchors do what he did here again, which is call out a politician on the spot when they lie on the air.

For a little reminder, here's what that S&P report said about the downgrade:

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Another Sunday, another interview with Lindsey Graham threatening the full faith and credit of the United States of America if he doesn't get his way and stick it to senior citizens with cuts to our social safety nets: Lindsey Graham: I Will Destroy America’s Solvency Unless The Social Security Retirement Age Is Raised:

Although official Washington is currently fixated on the so-called “Fiscal Cliff,” the biggest threat to American prosperity is the debt ceiling, which must be raised in February to prevent economic catastrophe. If Republicans refuse to reach a deal on the so-called cliff, the Congressional Budget Office predicts that they will spark a new recession in 2013. But if Republicans block action on the debt ceiling, they will make that potential recession look quaint. Without raising the debt ceiling, the United States will be forced to embrace austerity so severe it will lead to “a bigger GDP drop than that experienced during the Great Recession of 2008.”

But in an interview on Fox News Sunday this morning, Sen. Lindsey Graham (R-SC) threatened to oppose this must-pass bill unless Social Security benefits are taken away from millions of future retirees:

I’m not going to raise the debt ceiling unless we get serious about keeping the country from becoming Greece, saving Social Security and Medicare [sic]. So here’s what i would like: meaningful entitlement reform — not to turn Social Security into private accounts, not to take a voucher approach to Medicare — but, adjust the age for Social Security, CPI changes and means testing and look beyond the ten-year window. I cannot in good conscience raise the debt ceiling without addressing the long term debt problems of this country and I will not.

As Millhiser rightfully pointed out, this is nothing but "extortion, plain and simple." Graham's behavior is shameless and reckless and those are probably some of the kinder things you could say about it. What he omitted from his post is the fact that Sen. Dianne Feinstein was right there with him, pretending he's being reasonable with his demands on Social Security because it's not going to harm current seniors. I guess she thinks that people who aren't retirement age don't care about future benefit cuts or that current seniors don't care about their children. I've got news for her. She's wrong. It's also politically tone deaf for any Democrat to be going along with cuts to Social Security if they don't think they'll pay a price for it later.



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Thank goodness there is at least one of these talking head shows on Sundays where Republican talking points are pushed back and where it's not just a bunch of millionaire pundits talking about how we need to inflict pain on our senior citizens, and raise the Medicare age in order to appease the GOP during these deficit negotiations. That show is Up With Chris Hayes.

While discussing the Republicans' absolute refusal to raise taxes, their dire warnings about the economy collapsing when Bill Clinton raised taxes, guest host Steve Kornacki asked former Romney advisor Avik Roy how he reconciled that with the similar rhetoric we're hearing from Republicans today. Roy argued that things are different now because of the “Obama levels of spending” and that the rich today are somehow shouldering way too much of the tax burden, therefore we're going to have to raise everyone's taxes in order to balance the budget.

Here's some of the response he got from the rest of the panel.

DAVID CAY JOHNSTON: The average income of the bottom 90 percent of Americans has fallen back to the level of 1966 when Johnson was president, and the top 1 percent of the top 1 percent have gone in today's dollars from 4 million to 22 million. In 2010, the first year of the recovery, 37 percent of all of the increased income in the entire country went to 15,600 households.

We have created a privatized system to redistribute upwards and the reason people at the top are sharing a larger share of the income taxes because their incomes are growing at this enormous rate, but their burden is falling. And to suggest we don't need to raise more revenue by applying it to people who are a success depends on this government, on living in this society, with its rules that make it possible to make that money is just outrageous. It is arguing that we should burden the poor and help the rich.

[...]

LAURA FLANDERS: No, you're right. we have 50, 5-0 million Americans living in poverty at this point with food stamp help for many of them. We've got 9 million Americans over the age of 50 who are food insecure. One in three of us have no savings whatsoever.

I mean, you talk the Johnson years, in that period, '65 to '73 the war on poverty reduced poverty by 43 percent. We know how to do it. It works. That's what we should be talking about. We are in a crisis where we're going to see stimulus. We're going to see stimulus of poverty and hunger in this country and it's shameful. And again, going back to '63, you had more than 60 percent of Americans, I think even in1983, 60 percent of Americans had private pension plans. Now, it's under 20 percent.

So these elders that you're talking about, young people with greater unemployment than ever before. I mean, this is the stuff that we want to be talking about after the last election, children and poverty are exploding.

JOAN WALSH: And also... we need higher tax rates for the tippy top earners because everybody likes to talk about building the middle class or rebuilding the middle class. Well, the top tax rate that the middle class we in the '40s,' 50s and '60s. The top marginal rate was in the 90's. I'm not saying you should go back to that, but you can't say at 37 percent.

They followed up with more discussion on tax loopholes and deductions, who they favor, what should be done to make sure they're not upside down with whether they benefit the working class. Laura Flanders brought up the issue of a Wall Street transaction tax, which gets mentioned far too rarely. She also discussed that while everyone is pushing for cuts to Medicare and raising the age to receive benefits, none of them want to talk about defense cuts.

If you missed the show, the whole thing was worth watching. It's generally a nice break from the typical Sunday show fare and this week was no exception. Go check it out here.