If you are a U.S. senator and have a cool idea about taxes but are worried to speak it aloud for fear some of your constituents will peel your hide off in small strips ... well, there is hope. A couple of your colleagues have come up with a plan.Read more
Jeff Sessions, the ranking Republican on the Senate Budget Committee, says he will oppose Barack Obama's nomination of Jacob Lew for Treasury secretary. " Sessions released a statement Thursday afternoon criticizing Lew's nomination. Here's an excerpt:
Jack Lew must never be Secretary of the Treasury. His testimony before the Senate Budget Committee less than two years ago was so outrageous and false that it alone disqualifies.Read more
Imagine the reaction if President Obama and congressional Democrats had released a sweeping health care bill, drafted in closed-door meetings, and demanded its approval by Congress immediately. There would have been national outrage over the secrecy, lack of time for public hearings, and the absence of discussion, revisions, amendments, and multiple votes.Read more
In response to the Justice Department sending a letter to the head of the NCAA, asking a few questions about why college football doesn’t have a generic playoff system in lieu of its highly successful Bowl Championship Series (BCS), Senator Orrin Hatch (R., Utah) encouraged the Obama administration to “follow up” on this “particular issue,” adding, “It’s an important one, I think.”Read more
Yesterday, Facebook founder and billionaire Mark Zuckerberg told the president he was "cool" with higher taxes. In fact, a number of prominent wealthy liberals have been agitating for tax increases. There's even a group called "Patriotic Millionaires for Fiscal Strength" that are pushing the issue.Read more
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