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Tag Archives: budget
Benghazi, the Failure of All Politicians and Lessons Learned
Senator John McCain has called Obama’s administration handling of Benghazi a ‘cover-up.’ While all the evidence is not yet available a prima facie case can be made that he is correct. The Obama administration, especially the State Department, probably tried … Continue reading
Posted in Government
Tagged Benghazi, budget, Bush, Clinton, Congress, cover-up, diplomats, government spending, Obama, politicians, security, terrorism
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CBO Director on Choices for Federal Spending and Taxes
The Director of the Congressional Budget Office, Douglas W. Elmendorf, made a presentation on the Federal Budget to the Harvard Economics 10 class on April 26. I encourage you to download and read the entire presentation. It’s a clear and concise overview … Continue reading
Posted in Economy, Government, Income Distribution, Socio-economic Status, Taxes
Tagged budget, CBO, defense, Democrats, Elmendorf, entitlements, GDP, interest, Medicare, Republicans, revenue, Social Security, taxes
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Projected Medicare Spending Over 2011-2020 to Fall by More than $500 Billion
The Center on Budget and Policy Priorities has projected Medicare spending over 2011-2020 to fall by more than $500 billion. This projection is important in the context that the Erskine Bowles and Alan Simpson called for approximately $300 billion in Medicare spending … Continue reading
Posted in Economy, Government, Health
Tagged baby-boomers, budget, health, health care, Medicare spending, Simpson-Bowles
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The Effects of the Sequester on Your State
Our government has identified the effects of the sequestration on each state. Click on the links below. 1. Alabama 2. Alaska 3. Arizona 4. Arkansas 5. California 6. Colorado 7. Connecticut 8. Delaware 9. District of Columbia 10. Florida 11. Georgia 12. Hawaii 13. Idaho 14. Illinois 15. Indiana 16. Iowa 17. Kansas 18. Kentucky 19. Louisiana 20. Maine 21. Maryland … Continue reading
Posted in Economy, Government
Tagged austerity economics, budget, economy, government, sequestration, states
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Dispelling Border Control Myths
Some pundits on cable TV would like you to believe the US government has done little to control our borders, especially the border we share with Mexico. While improvements are still necessary the facts counter many of the critics claims. … Continue reading
Posted in Government
Tagged apprehension, border, budget, government, illegals, immigration, Mexico
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Long Term Policy Choices: Taxes and Middle Class Benefits
Ramesh Ponnuru in The Weekly Standard does a good job summarizing the policy choices in the context of the conservative – liberal debate about taxes and middle class benefits: “Regardless of what politicians have been saying in public, everyone who … Continue reading
Posted in Economy, Government, Health, Socio-economic Status, Taxes
Tagged benefits, budget, conservative, government, liberal, middle class, policy, taxes, welfare state
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Twenty Thoughts on the Fiscal Cliff
Some random thoughts on the “fiscal cliff”: 1. Something is wrong when the top 1% owns 42% of the wealth. No group is that smart, works that hard or has taken that much risk to enjoy 42% of American wealth. … Continue reading
Posted in Uncategorized
Tagged budget, Bush tax cuts, debt, deficit-reduction, economic growth, economy, fiscal cliff, fiscal policy, marginal tax rates, sequestration
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Will Ideology Trump $100 Million a Year in Florida?
Will Florida’s Governor turn down $100 million a year because of ideology which opposes Obamacare? Georgetown University’s Health Policy Institute report demonstrates that Obamacare’s Medicaid expansion would save Florida about $100 million each year while extending health coverage to those who need … Continue reading
Posted in Economy, Government, Health, Health, Socio-economic Status
Tagged budget, economy, Florida, GOP, government, health, Medicaid, ObamaCare, socio-economic status
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The Economic Effect of Letting Bush Tax Breaks for the Wealthy Expire
One of the most contentious issues facing the nation is developing a plan to avoid going over the fiscal cliff. Obama desires to let all of the Bush tax cuts expire except for those who make more than $250,000 a … Continue reading
Posted in Economy, Government, Income Distribution, Inequality, Socio-economic Status, Taxes, Wealth
Tagged budget, Bush tax cuts, debt, deficit-reduction, economic growth, economy, employment, fiscal cliff, fiscal policy, GDP, income distribution, inequality, job creation, jobs, marginal tax rates, monetary policy, Reagan, regressive tax cuts, sequestration, socio-economic status, supply side, tax cuts, tax deductions, trickle-down, trickle-down economics
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The Des Moines Register’s Endorsement of Romney Doesn’t Conform to the Facts
The Des Moines Register’s endorsement of Governor Romney is based on the view that the candidate will improve the economy, create new jobs and reduce the deficit. The endorsement also has great expectations for Romney’s ability to bring Democrats and … Continue reading
Posted in Economy, Elections, Government, Income Distribution, Inequality, Presidential Leadership, Taxes
Tagged bipartisanship, budget, Bush tax cuts, debt, deficit-reduction, Des Moines Register, economic growth, economy, elections, endorsement, inequality, job creation, jobs, marginal tax rates, math, monetary policy, Reagan, regressive tax cuts, Romney, Ryan, supply side, tax cuts, tax deductions, trickle-down, trickle-down economics
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