The Strange Connection Between Budget Reporting and IQ Drops in the 202 Area Code

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Is there something about budget showdowns that gradually but relentlessly lowers the collective IQ of Beltway pundits? Examples abound. For example, we’ve recently seen a whole spate of folks pretending that all our problems could be solved if only President Obama somehow just unleashed his presidential superpowers and made Congress pass a reasonable long-term deficit plan. Jessica Yellin gave us the nutshell version of this last week when she asked Obama, “Couldn’t you just have them down here and refuse to let them leave the room until you have a deal?”

Then there was Ezra Klein, who surely knows better, suggesting on Friday that perhaps Republicans have stuck to their hardline position so long because they were simply unaware that Obama had offered them much of what they wanted. This was quickly followed up the next day in the face of epic evidence that this rather obviously hasn’t been the roadblock.

Today, we have Doyle McManus of the LA Times, suggesting that the entire crisis is silly because both sides have already agreed on what needs to be done:

If you listen closely to Obama and leading members of both parties in the Senate, you’ll find that they’ve already reached a rough consensus about how to shrink the federal deficit in a smarter way. They’ll cut the same amount, but they’ll spread it around differently and perhaps delay some of the cuts. Then they will make changes in “entitlements” (Medicare, Medicaid and Social Security) to reduce their future cost. And they will enact tax reform to raise federal revenues, not by raising tax rates but by making more income taxable at existing rates.

There will be plenty of wrangling over the details, of course. But a bipartisan majority already agrees on these basic elements.

This is insanity. Republicans have very decidedly not agreed to any kind of tax reform that raises federal revenues. This is the whole crux of the debate. They have never agreed to anything other than revenue-neutral tax reform.

Might they change their minds someday? Sure. But the history here is plain. A small handful of Republican senators have suggested we might need to raise taxes eventually as part of a grand bargain. That’s it. There’s no consensus about this in the GOP Senate caucus, and there’s certainly noconsensus on this in the GOP House caucus. Quite the contrary. McManus even kinda sorta admits this toward the end of his column.

Obama wants a long-term budget deal that combines spending cuts with tax increases. Republicans, with only a few scattered exceptions, are united on demanding a budget deal that cuts spending but doesn’t include even a dime in higher revenues. That’s it. That’s been their position for at least the past two decades and there’s no evidence at all that it’s going to change anytime soon.  Remember, back in July 2011, John Boehner walking away from a proposal for huge spending cuts when his caucus revolted over accepting modest, but real, tax increases as part of the deal, not just fake “dynamic scoring” revenue increases? Remember, during a Republican presidential debate a few days later, the instant and unanimous show of hands opposed to a deal that was 10:1 spending cuts to tax increases? More recently, remember the mantra among Republican leaders that “taxes are done”?

Republicans have refused to accept tax increases as part of a deficit deal since 1990. They continue to refuse. They agreed to the fiscal cliff deal not because they accept the need for higher taxes, but because the Bush tax cuts were expiring automatically and they flatly had no choice in the matter. Why do so many smart people keep trying to make this more complicated than it is?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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