What do you do when you’re losing a debate? Change the subject. That’s really all you need to know to understand President Obama’s resuscitation of his infamous “Buffett Rule” that would impose a minimum 30 percent effective tax rate on businesses and families earning $1 million. The Supreme Court gave …
America is at a crossroads. Today’s jobs report shows that two years into recovery the U.S. economy is still woefully underperforming, adding only 120,000 new jobs in March, about half the rate of job growth of the previous three months which were, themselves, somewhat disappointing for this stage of recovery. …
On Tuesday, President Obama criticized Representative Paul Ryan’s (R–WI) budget proposal as making “draconian cuts” to federal spending programs. In particular, the President said, “If this budget becomes law and the cuts were applied evenly, starting in 2014, over 200,000 children would lose their chance to get an early education …
Brace yourself. In a mere 271 days, you and your fellow Americans will be hit with a tax hike the likes of which this country has never seen. The Washington Post aptly called the unprecedented $494 billion tax hike “Taxmageddon,” and Federal Reserve Chairman Ben Bernanke described it as a “massive fiscal …
Hats off to the Senate parliamentarian, who apparently has rebuffed the Democratic leadership’s latest excuse for failing to bring a budget to the floor—something the Senate hasn’t done for nearly three years. Since February, Majority Leader Harry M. Reid (D–NV) and his lieutenants have claimed the Budget Control Act (BCA)—spawn …
