The bitter Beltway divide over tax policy driving the coverage—which intensified with President Obama’s latest proposals for reducing the deficit—made the U.S. economy the top story on last week’s news agenda.
From September 19-25, the economy accounted for 23% of the newshole, up modestly from 20% the previous week, according to the Pew Research Center’s Project for Excellence in Journalism. And half of that economic coverage focused on the jobs and taxes debate set in motion by Obama’s September 8 speech introducing a $447 billion dollar job-creation package.
Last week, the major newsmaking event was the president’s September 19 speech on deficit reduction in which he called for some tax increases targeted at the wealthy. That triggered a fierce ideological battle in which Obama talked about the rich paying their “fair share” while opponents branded the proposal “class warfare.”
Read the full report, A Tax Fight Fuels the Economic Narrative, on the Pew Research Center's Project for Excellence in Journalism Web site.