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12 Days of Obamacare Surprises: Small Business Tax Credit
Photo: Mike Kemp/Tetra Images/Newscom Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 11 days, Heritage...
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12 Days of Obamacare Surprises: Taxes
Photo: Jamie Grill Photography Tetra Images/Newscom Not all surprises are good. When it comes to Obamacare, the original projections are turning into unfortunately different realities. For the next 10...
View ArticleMorning Bell: 10 Facts on the Fiscal Cliff, Debt, and Spending
Budget policy in 2012 was characterized by deficit spending, major increases in the national debt, and a heated debate over the “fiscal cliff.” With just days left for President Obama and lawmakers in...
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Congressional Budget Office Shows Senate Bill Is $600 Billion Tax Hike
Credit: Paul J. Richards/AFP/Getty Images/Newscom The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the...
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Morning Bell: Taxes to Rise on Most American Workers
Representative Nancy Pelosi (D-CA) called it “a happy start to a new year.” That probably tells you all you need to know about the fiscal cliff deal that passed the House last night. The bill—which...
View ArticleTaxpayer-Funded Infrastructure Bank: The “Investment” Isn’t Worth It
Bad ideas never seem to die. But the proposal to create a national infrastructure bank to federally fund transportation and infrastructure projects with taxpayer dollars is one such idea that President...
View ArticleCBO: Tax Increase Fails to Solve Spending and Debt Crisis
While President Obama keeps calling for more taxes, today’s figures from the Congressional Budget Office (CBO) show the tax hike he signed into law just last month will provide no lasting improvement...
View ArticleFive Health Care Takeaways from CBO’s Report
The Congressional Budget Office (CBO) released its Budget and Economic Outlook for 2013–2023 today. Here are five major takeaways: 1) Health care entitlement spending is bypassing all other...
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A Simple and Wrong Answer to Poverty: Increasing the Minimum Wage
Photo credit: Newscom During last night’s State of the Union address, President Obama proposed fighting poverty by raising the minimum wage. It sounds appealing but it will not work. Labor economists...
View ArticleMorning Bell: Why Should I Care About the U.S. Debt?
You’re busy. So busy you barely have time to read these words. So why should you care about the U.S. debt? Does it affect your life? Unfortunately, high government debt is having more of an impact on...
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The “Buffett Rule” Returns
Newscom President Obama’s so-called Buffett Rule just won’t go away. It is back in its latest iteration because Senate Democrats proposed it to partially offset the soon-to-begin sequestration spending...
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National Institutes of Health: No Room for Sequestration Cuts?
Congressional Quarterly/Newscom The National Institutes of Health (NIH) made it onto an Obama Administration fact sheet listing the “most damaging effects of a sequester on the middle class.” According...
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Obamacare Budget Bombshell
Newscom Then: In his September 9, 2009, speech to a joint session of Congress, President Obama declared, “I will not sign a plan that adds one dime to our deficits—either now or in the future.” Now:...
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3 Years of Obamacare: Millions Lose Their Current Coverage
Andrew Shurtleff/ZUMA Press/Newscom Obamacare has been law for nearly three years, with its anniversary approaching on March 23. And while the major provisions (exchange subsidies and Medicaid...
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The No-Surprise Senate Budget: Higher Spending, Higher Taxes, No Real “Balance”
After going nearly four years without producing a budget resolution, Senate Democrats today released a plan confirming their mantra about “balanced” approaches has nothing to do with actually...
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Obamacare at 3 Years: Unrealistic Expectations for ACOs
Newscom Accountable Care Organizations (ACOs)—a concept that a group of doctors and hospitals will work collectively to manage the care and costs of Medicare patients—were expected to transform the...
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Obamacare at Three Years: Increasing Cost Estimates
Newscom Today marks three years since Obamacare was signed into law, and taxpayers probably aren’t celebrating. Over the last three years, the Congressional Budget Office (CBO) has revised its cost...
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Obama Tax Hikes Will Balance the Budget (April Fool’s)
In the ongoing debate over deficit reduction, President Obama and his colleagues in the House and Senate incessantly call for tax increases as if our budget problems persisted because of taxes being...
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Time to Rethink Federal Highway Trust Fund Spending
Newscom The Highway Trust Fund (HTF), which funds most surface interstate transportation programs, from roads to bridges, faces insolvency in a few short years. In a House Budget Hearing today, one...
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Solar Energy Embarrassingly Less Productive than Coal
Newscom A map recently released by the Solar Foundation highlights the industry’s claim that 119,000 Americans are now employed in the solar industry. Its authors exclaim, “The United States solar...
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