Yesterday, the Congressional Budget Office (CBO) reported that without a doubt, America will have a fresh recession next year unless Congress and the President prevent it. We are facing the largest tax increase in history—Taxmageddon, scheduled to take effect January 1—and what experts are calling a “fiscal cliff” of sharp …
About 1.6 million American jobs hang in the balance. That is the clear implication of analysis contained in the annual budget update by the Congressional Budget Office (CBO). Along with all manner of dire and dreary budget data reflecting President Obama’s budget and economic policies to date, CBO provides its …
“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible,” economist Milton Friedman once said. So the Nobel Prize winner would undoubtedly be concerned this year as Taxmageddon, the one-year $494 billion tax increase that is poised to strike the …
Check out and share our new infographic on the impact of Taxmageddon.
Looking for some straight facts on Obamacare and its impact? Here are some of the most important numbers you need to know about President Obama’s health law: 20 million. The Congressional Budget Office (CBO) projects that as many as 20 million Americans could no longer have their current employer-based health …
Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim Webb (D-VA) joined all Republicans in bipartisan opposition to the …
Taxmageddon, a one-year $494 billion tax increase, is coming on January 1, 2013. Reports of the economic destruction Taxmageddon would create are growing by the day, as is the number of respected economists, market shapers, and influential organizations warning Congress and President Obama to stop Taxmageddon to spare the economy …
House conservatives gather this morning to take your questions about taxes, sequestration and a range of other issues facing Congress in the coming weeks and months. It’s your opportunity to be heard on Capitol Hill. Submit a question in the comments below. Conversations with Conservatives runs from 11:30 a.m. to …
Are Hispanics—the fastest growing demographic in the country— on their way to becoming a reliably voting liberal bloc? Not so fast, especially considering a recent McClatchy-Marist poll that found that Hispanics, by a margin of 62 percent to 36 percent, favor extending tax cuts for all Americans—including the most affluent. …
