Steve Rattner showed this chart this morning on Morning Joe. It is very telling about Obama’s jobs record. Is the private sector doing fine? Yes, except if you are in the construction or finance industries. The drag on jobs comes from the...
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Category Archives: U.S. Federal Spending
House Republicans are once again chaffing at being “told” what to do by the Senate. After campaigning extensively against extending the payroll tax cut, House Republicans are now crying foul at the two month extension compromise reached by the Senate. House Republicans...
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Ok, Congress is doing it again. They whine, scream and in general pitch a fit worthy of a spoiled two year old, take the government to the brink of a shutdown and then? Well, they settle down and act like adults, remove...
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A few days ago, when it looked like the US Congress was close to a deal on the 2012 budget, I began to wonder if our senators and congress people were beginning to grow up. I can’t believe I fell for it....
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Wow, shocking news out of Washington this morning! It seems a bipartisan 2012 budget is in the works. This a vast improvement over last year when we faced possible government shutdowns in Marc, April and May and a debt default in August...
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Now that the Super Committee has officially been declared dead, the mandatory $1.2 trillion in cuts over the next 10 years must take place (ok we all know Congress is going to find a way to weasel out of it). For those...
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Nothing has changed. The Supercommitte for deficit reduction is business as usual. The talks are moving behind closed doors and John Boehner is out with the “NO NEW TAXES” mantra. I guess the members of the Supercommittee and Washington missed the recent polls...
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Bruce Bartlett published a list of 23 polls that show approximately 2/3rds of Americans would like at least some tax increases. In light of these polls, isn’t it strange that Congress can’t seem to pass even the smallest of tax increases? Not really....
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