In Friday’s edition of The Three Martini Lunch, Greg Corombos and National Review’s Jim Geraghty discuss the infighting among House Democrats, including the stunning lack of any credible challenger to Nancy Pelosi as party leader. They also discuss the anti-Bush propaganda masquerading as the Valerie Plame story in the new movie “Fair Game”. And Greg and Jim discuss Jim’s upcoming participation in the National Review cruise in the Caribbean – just days after the cruise ship nightmare in the Pacific.
Archives for November 12, 2010
Getting Tough on Spending , Taxes
This week, fierce congressional reaction followed the release of some initial recommendations from the bipartisan debt commission. At the same time, the Obama administration offered mixed signals on whether it will fight to let tax cuts for the wealthiest Americans expire or allow them to be extended for another year or two. So what should we make of the early suggestions for reducing our national debt? Where should the new Republican majority begin hacking away at spending next year? How can real entitlement reform happen when any suggestion of change triggers a fierce backlash? What will happen in the tax cut debate? And how does President Obama impact small businesses when he gives differing messages on whether to extend some or all of the tax cuts? We ask New Jersey Rep. Scott Garrett, one of the top Republicans on the House Budget Committee.
Buy, Buy American Pie
President Obama spent part of this week trying to force China to properly value its currency – to no avail. But the Capitol Steps are worried about the growing economic power of the Chinese and how their low-cost production could mean trouble for our health and safety down the road. Guest is Steps star Elaina Newport.