Right before the Super Bowl, President Obama sat down with "CBS Evening News" anchor Scott Pelley for an exclusive interview about the U.S. economy.
In the current debate over the lame duck deal, the focus seems to be solely on the issue of taxes. Raising rates or closing loopholes: which will it be? After all it’s essential that the federal government increase its revenues, right?
It seems like the IRS is overlooking a major loophole that allows illegal immigrants to cost the federal government billions of dollars every year.
Imagine 10,000 people being hired in the southern tier of New York, or the outskirts of Detroit, or the suburbs of Las Vegas. Then, picture this being done by each and every corporation that currently hires overseas.
A significant number of corporations from GE to Corning Incorporated, and from US Airways, Inc., to John Deere, would have hundreds of thousands of jobs available if they decided to fire their overseas workers, and bring those jobs back home.
The battered, jobless U.S. economy took a turn for the worse this past week as President Obama prepared to offer another bag of bromides that looked like the failed remedies he has tried before.
If they ever sat down and honestly talked with a Tea Party member, they still would not grasp the message of the Tea Party. If they ever met on honest terms, the people on the street who advocate the responsible use of fossil fuels they still could not amend their position one iota.
Keep in mind; it’s much too early in the process to fear the polling data. Please, please, please, the country needs a strong leader right now. Not twelve months from now, but now. The Republicans must have the guts to spell out the specifics regardless of who it offends, and let the chips fall where they may.
Amid all the debate, confusion, obfuscation, lies and lack of candor about how to deal with our out-of-control federal budget crisis, one simple, rarely cited fact stands out from all the rest: Our federal government borrows and spends roughly 70% more money than it takes in!
Senator Coburn has crafted a proposal that addresses spending in virtually every segment of government, from defense to entitlements, and targets tax deductions that have benefitted special interests on both sides of the aisle for far too long.
There have been many attempts to slay the deficit monster that lurks in the appropriations committee rooms of Congress, only to see it return to life more menacing than ever.
When Michael Moore looks at a skyscraper, he sees a bloated monument to rich investors. He becomes nauseous and his lunch floats back up into his throat as he imagines the tenants who can afford Class A rent.
Let me start by saying American should pay its debts. If the debts are really, really large - that's too bad. We owe the money and we have to pay it. We're the richest, most blessed nation in the history of the world and we have to pay what we owe.
The presidential candidate who once promised that he’d never, ever raise taxes on anyone making less than $250,000 has become the president who has proposed another set of tax increases that will be felt most acutely by the poor and the middle class.
There he goes again. President Obama says that what America needs right now are higher taxes to pay the government's mounting bills and curb its $14 trillion debt.
This "end Medicare as we know it" line -- and many like it ("end Medicaid as we know it," "end carbon-based life as we know it," etc.) -- is the lead-off talking point for the entire Democratic Party in response to Rep. Paul Ryan's just-released budget proposal, "The Path to Prosperity."
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