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What’s In It?

Posted by Doug Ragan

As States Struggle With Health Costs ‘Devouring’ Their Budgets, They’re Faced With A ‘Twist… Discovered Only After The Complex Bill Was Signed’ Dem Health Bill Would Allow ‘Several Million Middle-Class People Get Nearly Free [Medicaid] Insurance Meant For The Poor’ “President Barack Obama’s health care law would let several million middle-class people get nearly free [...]

GAO Finds Social Security’s Management of Return to Work Program Ineffective

Posted by Doug Ragan

Washington, DC – In a report requested by Ways and Means Subcommittee on Social Security Chairman Sam Johnson (R-TX) and Senate Judiciary Committee Ranking Member Chuck Grassley (R-IA) that was released last week, the Government Accountability Office (GAO) found that participation in the Social Security Administration’s (SSA) return to work program, known as Ticket to [...]

America Owes $534,000 per U.S. Household for Unfunded Entitlements

Posted by Doug Ragan

Unfunded entitlements owed by the US government now stands at $61.6 trillion, which amounts to $534,000 per U.S. household. The US added $1.5 trillion to the current federal debt in 2010, but added a $5.3 trillion deficit to future entitlements at the same time. Social Security accounted for $1.4 trillion, medicare accounted for $1.5 trillion [...]

Even Democrat Economists Suggest Raising Taxes Is Bad

Posted by Doug Ragan

Despite President Obama’s continued push to increase taxes, prominent economic advisers to Democrats suggest higher taxes are bad for the economy. Christina Romer In a study published with her husband, also a noted economist, Dr. Romer found that “tax changes have very large effects on output” and that “an exogenous tax increase of one percent [...]

Moody’s Issues Warning: Credit Rating Will be Downgraded Without “Substantial Deficit Reduction”

Posted by Doug Ragan

Camp: Time for President to join GOP and put forward specific solutions Washington, DC — Ways and Means Committee Chairman Dave Camp (R-MI) made the following statement in response to the announcement by Moody’s Investors Services that America’s credit rating will “depend on the outcome of the negotiations on deficit reduction. A credible agreement on [...]

Job Creators Have a Formula for Job Creation: Lower the Rates, Reduce Complexity and End Uncertainty

Posted by Doug Ragan

Today, in a hearing in the Ways and Means Committee, job creators and tax experts discussed how today’s current tax system inhibits, rather than promotes, job creation.  Excerpts from witness testimony demonstrate that lower tax rates, more certainty and greater simplicity in the tax code are vital to a climate ripe for job growth and [...]

Headline Claims Weiner Is A Republican

Posted by Doug Ragan

The RSS Feed on my Google home page had the following headline for Congressman Anthony Weiner. The story itself was correct. The link had the headline “Rep. Weiner uncertain whether lewd photo was of him”