Showing posts with label Spending 2012. Show all posts
Showing posts with label Spending 2012. Show all posts
Monday, December 31, 2012

Progressive Lefties At TNR Recognize Senate Deal Is "Crappy" For Them

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So says Tim Noah, here : "Nevertheless, this is still a crappy deal, and Democrats should still reject it--or be quietly pleased if Hou...

Senate Cliff Deal Settles For TEN TIMES LESS Revenue Than Cliff-Diving

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As reported here : "Before [Obama] spoke, details of the emerging deal emerged. It would raise $600 billion in revenue over the next ...

Peter Morici: Obama Threatens To Shakedown Everybody If The Rich Don't Cough It Up

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Once again, Peter Morici of the University of Maryland gets it exactly right, here : "The president, by being so persistent that it...

Democrats Want To Kick The Sequestration Can To 2015

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So reports Business Insider here : On the spending side, the Democrats' offer would delay the "sequester" (automatic spending ...
Sunday, December 30, 2012

Equality Of Taxation Would Completely Wipe Out The First 41 Million Wage Earners

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If we had anything like equality of taxation in this country, it would completely wipe out roughly the first 41 million of 151 million total...
Friday, December 28, 2012

Obama Raises Federal Pay $11 Billion Over 10 Years On Eve Of Fiscal Cliff

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Now you know why Obama cut his vacation short . . . to raise spending! And rub our noses in it! This guy is the biggest jerk ever to sit in ...
Wednesday, December 19, 2012

Tax Equality Would Expose The True Horror Of Federal Spending

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The true horror of federal spending in America would be understood by everyone if we actually had tax equality, by which I mean if everyone ...
Tuesday, December 11, 2012

Rules For Radical Republicans: Bush Tax Cuts Edition

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Rule 1: Power is not only what you have, but what the enemy thinks you have. The enemy knows the Congress is a coequal branch of the governm...
Thursday, December 6, 2012

Democrats Like Howard Dean Want Taxes To Go Up On Everyone

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Video here . Dean views tax increases as a necessity to avoid having to cut spending. Democrats see no need to keep taxes or spending low.
Monday, November 26, 2012

Truman Cut Spending Big Time In 1945. The Economy Boomed.

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Speaker John Boehner, wake up. Arnold Kling, here : When World War II ended in 1945, President Harry Truman faced a problem. Public opinion ...
Thursday, October 4, 2012

Sorry Gov. Romney, We're Not Spain

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Romney , last night, in another odd coincidence with The Hitchhiker's Guide to the Galaxy : "Spain -- Spain spends 42 percent of th...
Friday, September 28, 2012

Video Of Romney Backtracking On Tax Cuts, Threatening Your Deductions

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Romney will take away your deductions and exemptions Romney the tax simplifier, tax leveler, tax back-tracker, tax flip-flopper, uncertain t...
Friday, August 31, 2012

Can We All Agree Now That Both Sides Intend To Cut The Growth Of Medicare Spending?

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We once hoped Paul Ryan was a real spending cutter instead of a spending growth cutter, but is now just a defender of Medicare spending grow...
Thursday, August 30, 2012

Rep. Ryan Falls In Line: Frames Obama's Reduced Rate Of Medicare Growth As Big Cut

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William Saletan for Slate mocks Paul Ryan, here : Since Mitt Romney tapped you as his running mate, you haven’t stood for fiscal restraint. ...

Flashback 2008: McCain Called For Spending Freeze During Crisis. In 2012 Romney Won't.

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Who is the more conservative, Mitt Romney, who has said he won't cut spending dramatically in his first year for fear of causing another...
Wednesday, August 29, 2012

2nd Estimate of Q2 GDP Rises to 1.7 Percent from 1.5, Q1 Still at 2.0 Percent

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The news release is here . The awful number is no longer 1.5 percent, but 1.7 percent. An annualized growth of this small magnitude is about...
Tuesday, August 28, 2012

Both Political Parties Are Greedy Liberals Eyeing Your Tax Credits And Tax Deductions

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The partisan and liberal New York Times must think we can't read out here in fly-over country. "Tax reform" is now code for ...
Sunday, August 19, 2012

Government Payments Like Social Security/Medicare Consume 89 Percent Of Tax Revenues

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The government collects only $2.66 trillion in taxes but spends $2.36 trillion just on Social Security, Medicare, Medicaid, food stamps and ...

On 1/1/2011 Social Security/Medicare Payments Exceeded Revenues By $329 Billion

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Social insurance revenues were $906 billion on 1/1/11, but outlays for Social Security were $703 billion and for Medicare $532 billion on th...
Saturday, August 18, 2012

Peter Schiff Warns About Rising Interest Rates But Avoids The Sorry Truth

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Peter Schiff, here : The current national debt is about $16 trillion (this is just the funded portion...the unfunded liabilities of the Trea...