White House spokesman Robert Gibbs seems to have forgotten that his boss has already broken his central campaign promise – a “firm pledge” that “no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of [...]
“Senator Kerry will only pay the taxes because he got caught,” party Chairwoman Jennifer Nassour said in a statement. “He should spend more time creating jobs rather than customizing his yacht. Democrats think they live by another set of rules, and the voters of the commonwealth will soon remind them they do not.”
via FOXNews.com – [...]
“Everyone is selling up the little they have and leaving,” said Villasenor, 31, who is headed for Pennsylvania. “We have no alternative. They have us cornered.”
The two women are among scores of illegal immigrant families across Phoenix hauling the contents of their homes into the yard this weekend as they rush to sell up and [...]
As the midterm election season approaches, new road signs are popping up everywhere – millions of dollars worth of signs touting “The American Reinvestment and Recovery Act” and reminding passers-by that the program is “Putting America Back to Work.”
A look at where the stimulus money is going.
On the road leading to Dulles Airport outside Washington, [...]
Besides raising the retirement age for full Social Security benefits to 70 for people now 50 or younger, Mr. Boehner suggested curbing benefit growth by tying cost-of-living increases to the consumer price index rather than growth in wages, and providing benefits only to those who need them.
“If you have substantial non-Social Security income while you're [...]
John Fund: The Obama-Pelosi Lame Duck Strategy – WSJ.com.
The rush to recess gives Democrats little time to pass any major laws. That’s why there have been signs in recent weeks that party leaders are planning an ambitious, lame-duck session to muscle through bills in December they don’t want to defend before November. [...]
So how is this a bad thing?
Arizona’s tough new immigration enforcement law is fueling an exodus of Hispanics from the state seven weeks before it goes into effect, according to officials and residents in the state.
So the illegals, who by definition are criminals, are leaving and this is supposed to somehow be [...]
On a whirlwind visit for talks in Germany and the UK on the global economy and the eurozone crisis, Mr Geithner stopped short of public criticism of European governments for excessive spending cuts. But he warned of the need for a balance between financial austerity, tougher regulation and continuing growth incentives.
via FT.com / Europe – [...]
Private pay shrinks to historic lows as gov’t payouts rise
Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds.
At the same time, government-provided benefits — from Social Security, unemployment insurance, food [...]
via FOXBusiness.com – The Next Bailout: $165B for Unions.
A Democratic senator is introducing legislation for a bailout of troubled union pension funds. If passed, the bill could put another $165 billion in liabilities on the shoulders of American taxpayers.
The bill, which would put the Pension Benefit Guarantee Corporation behind struggling pensions for [...]