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    Financial Transactions Tax Is Back - Again

    Two Members of Congress are reportedly trying again to impose an excise tax on certain financial transactions—i.e., the “Robin Hood tax.” A financial transactions tax can take several forms, but the version proposed by Senator Tom Harkin (D–IA) and Representative Peter DeFazio (D–OR) in the last Congress would have charged … More

    Morning Bell: 13 Tax Increases in 2013

    New Year’s Day was tough for taxpayers. Thirteen tax increases kicked in. The deal that Congress and President Obama struck that finally—but only partially—avoided the fiscal cliff resulted in seven tax increases. Those hikes combined with six tax increases from Obamacare that also began on New Year’s Day. 13 Tax … More

    “If You Think You Will Tax my Benefits and Give the Money to Ben Nelson in Nebraska, You’re Crazy”

    As the White House prepares for a bipartisan summit on health care later this month, the rhetoric and reality of the President’s plans for health care reform continue to conflict.  President Obama claims that he wants to bring congressional Republicans to the table to achieve health care reform.  However, he … More

    Morning Bell: Behind Closed Doors, Unions Win, You Lose

    Yesterday, President Barack Obama, Speaker Nancy Pelosi (D-CA), Majority Leader Harry Reid (D-NV) and nine other lawmakers met face-to-face for seven hours to resolve differences between the House and Senate health care bills. At the same time these talks were going on, AFL-CIO President Richard Trumka, Service Employees International Union … More

    Trumka Talks Tough, But Will Obama Listen?

    Labor union leaders made a trip to the White House yesterday to hear President Obama’s latest pitch for health care legislation. But judging from remarks earlier in the day from AFL-CIO President Richard Trumka, the meeting wasn’t a typical administration powwow with Big Labor. Speaking at the National Press Club … More

    An Entitlement Certain to Grow

    One of the main arguments President Barack Obama and other Democrats have made on behalf of the health care bills that have passed the House and the Senate is that they would reduce the federal budget deficit in the coming decade and in the years following as well. Their claim … More