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  • A First Glance at the New Jobs Numbers

    The March jobs report contained some of the good news that analysts have been waiting for. First, private hiring increased by 123,000 jobs, with every sector except financial and information adding jobs. Second, revisions to the employment reports of the previous months were revised upwards. Third, the unemployment rate remained … More

    The Latest Unemployment Report

    The February report showed that, although the labor market is still treading water, there is room for optimism. After all, almost every industry except for construction is either adding jobs or is flat. Job growth in the service sector was positive thanks to health care and temporary services. Manufacturing and … More

    Vice-President Biden Misses a Chance to Help the Middle Class

    Vice-President Biden recently released the report of his task force on how to help the middle class. While there are a few excellent recommendations, most of the report focuses on failed policy prescriptions of the past. An early indication on the biased nature of the report is the early admission … More

    The Uncertainty Factor

    Liberals are trying to take a big victory lap today over the stimulus. They proudly proclaim that the stimulus created more than two million jobs. They base these findings on models that simply multiply government spending by a multiplier to produce the net growth to jobs and GDP. Digging a … More

    Reid Health Bill Raises Premiums

    Today, the Congressional Budget Office (CBO) released a new report detailing why individuals who purchase insurance in the non-group market would see much higher premiums in 2016 under Obamacare than they would under current law. On average, those in large-group employer-sponsored plans would see their premiums remain flat. But this … More

    The Senate Health Bill: Higher Taxes from Harry Reid

    In order to pay for a massive health care bill (H.R. 3590), Majority Leader Harry Reid (D-NV) creates a host of new taxes. These taxes will total $370.2 billion in the next ten years, and many of the taxes will start being collected in 2010, even as the economy continues … More

    The House Health Care Bill: A $700 Billion Tax Hike

    The New House Health Care Plan has several tax increases that will cost taxpayers $700 billion in the next ten years. Several of these taxes are new and were not in the earlier House bills. The Surtax The new Pelosi plan establishes a 5.4% surtax on joint filers with over … More

    CBO: Obamacare Will Raise Insurance Premiums Even More than Before

    On Friday, the last day before a long weekend due to Columbus Day and on the eve of the Finance Committee vote, the Congressional Budget Office revealed some new information about the affect of the Baucus plan on premiums for health insurance. Surprise! After the Senate Finance Committee worked on … More

    Pony Up, Working Families

    Under the Baucus plan, just about everyone who is not covered by a government health program will be required to purchase insurance by 2013. To help pay for the mandated minimum coverage, individuals and families with incomes below four times the poverty line will receive a subsidy calculated on a … More

    The August Jobs Report: Mission Not Accomplished

    In his speech at the Brookings Institution yesterday, Vice-President Joseph Biden claimed credit for saving between five hundred thousand to one million jobs. There is no way to measure the number of jobs saved by the stimulus bill. A better way to judge these figures is by the Administration’s own … More