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Jon Stewart responds to Krugman: Trillion dollar coin still ‘stupid f*cking idea’

On his show Monday night, The Daily Show host Jon Stewart responded to criticism from Nobel prize-winning economist Paul Krugman. In his column, Krugman attacked Stewart for lampooning his idea of minting a $1 trillion platinum coin to avert the looming federal debt ceiling battle. Krugman said Stewart typically employs…

Obama commission: Slash Social Security, reduce corporate taxes

Progressives across the US are condemning President Obama’s deficit-reduction commission for its proposal, released today, to cut Social Security payments while lowering corporate taxes and the highest income tax bracket. The commission, put together by the White House in February, released a draft report (PDF) Wednesday that proposes deep cuts…