Here’s today’s news from the Congressional Budget Office on the recently passed Waxman-Markey legislation: It’s a big tax and spend bill. For the years 2010-2019 the tax increase is $872.8 billion. Ka-ching! (For the record, that’s pretty close [we’re talking government work here] to the $885 billion revenue estimate that …
The Waxman-Markey Cap and Trade bill passed by a narrow margin tonight, 219 to 212, with 8 Republicans supporting and 44 Democrats voting against– hardly overwhelming support. So, one of the largest tax revenue-generating bills in history passed the House of Representatives on a 7 point margin in a 435-seat chamber. …
In his testimony before the House Education and Labor Committee on the Tri-Committee Health Care Reform bill, Dr. Jacob Hacker (the architect of the now famous “public plan option”) continues to suggest that a public plan has the benefit of lower administrative costs compared to private coverage: Perhaps the most …
From the Tax Foundation: [youtube]http://www.youtube.com/watch?v=Si-htSSHxsE[/youtube] Be sure to check out the top related video as well.
Someone please answer that question. Let’s start with this: a new study from the University of Wisconsin-Madison finds that food and energy demand will outpace production to meet those needs over the next several years. The need for greater energy and food production and the jobs that could be created from …