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    Obamacare Mandate Means Minimum Wage Employees Cost Businesses $10.30 an Hour

    The Congressional Budget Office (CBO) just reported that President Obama has already effectively raised the minimum wage. How so? The Obamacare employer mandate requires employers that do not provide “qualifying” health benefits to pay a steep penalty. Few minimum-wage employers provide Obamacare-compliant health coverage. So the penalty adds to their … More

    Bam! We're Already Hitting the Debt Ceiling Again

    It’s timely that the Congressional Budget Office (CBO) put out new numbers on America’s financial situation this week. By the end of the week, we’ll be hitting the debt ceiling again. The CBO’s report, which dropped the bombshell that Obamacare is projected to push 2.3 million people out of the … More

    Top 1 Percent Pays Effective Tax Rate Nearly Three Times That of Middle Class

    New data from the Congressional Budget Office (CBO) show that President Obama’s much-discussed Buffett Rule, which would require families earning more than $1 million a year to pay an effective tax rate of 30 percent, is basically in effect. The data also show that President Obama’s premise for pushing the … More

    Tax Revenue Rose Five Times Faster Than Spending Fell in 2013

    The monthly Treasury statement of the actual budget figures for 2013 this week shows tax revenue rising five times faster than spending fell in 2013. Taxes revenue climbed by 13.2 percent from $2.45 trillion in 2012 to $2.77 trillion in 2013. Spending, on the other hand, fell by only 2.4 … More

    Obamacare Provision Costing 32 Percent More Than Projected

    An Obamacare provision is costing taxpayers 32 percent more than it was projected to. The provision in Obamacare that gradually reduces seniors’ out-of-pocket costs in the congressionally created coverage gap (commonly referred to as the “donut hole”) in Medicare Part D was projected by the Congressional Budget Office (CBO) to … More

    Could Obamacare Cause More People to LOSE Coverage Than Gain It?

    Obamacare’s supporters have always claimed that the law will help increase the number of Americans with health insurance. But an analysis released yesterday provided persuasive data showing that the number of people losing coverage under Obamacare could exceed the number of people who gain it. Health insurance industry expert Robert … More

    Plan to Suspend Debt Limit Means Debt Would Rise to $17.8 Trillion

    Treasury Secretary Jack Lew announced a new debt ceiling deadline today, urging congressional lawmakers and the President to come to an agreement concerning the nation’s borrowing authority by October 17. Republicans are proposing a $1.1 trillion increase in the debt limit by suspending the cap through December 2014. The big … More

    Kathleen Sebelius's Scare Tactics on Obamacare

    Health and Human Services Secretary Kathleen Sebelius is already claiming that seniors would be adversely affected by House-passed legislation defunding Obamacare. Nothing could be further from the truth. Obamacare is the program inflicting harm on seniors—because, as Nancy Pelosi said, the law “took half a trillion dollars out of Medicare” … More

    Medicare Reform that Saves Seniors and Taxpayers Money

    America’s finances are in a mess, and Medicare is one of the main reasons. But the good news—just confirmed by the Congressional Budget Office—is that there’s a way to save money for Medicare patients and taxpayers. Our health care spending crisis is largely due to the structural deficiencies and demographic … More

    What You Need to Know About the Debt Limit

    The Congressional Budget Office just dropped a budget update on Washington, and it’s not good. The U.S. government is spending recklessly—and Obamacare is adding fuel to the fire. The new report comes at a crucial time, as negotiations over the debt limit are starting up again. Here are some basics … More