$1.5 Trillion in New Taxes

Two years ago, as the United States was coming out of the last recession, President Obama was asked how raising taxes on anyone would help with the economy. The President’s answer? “Normally you don’t raise taxes in a recession, which is why we haven’t, and why we’ve instead cut taxes.” Fast forward to today, as […]

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Obama’s War on Job Creators

Today, President Barack Obama is expected to announce his latest plan for reducing the deficit, and central to it are $1.5 trillion in new taxes, aimed predominantly at wealthy Americans. Unfortunately for the 14 million unemployed Americans, the President is continuing down his steady path of ushering in big spending policies, then turning to even […]

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Chart of the Week: Total Tax Burden Is Rising to Highest Level in History

President Obama unveiled the details of his jobs plan last week, including a proposal to offset the new government spending with tax hikes. It’s a bizarre strategy for a president who says he wants to create jobs. As the above chart from Heritage’s 2011 Budget Chart Book illustrates, Americans are already grappling with the prospect […]

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Obama’s Risky Iraq Drawdown Plans Prompt Open Letter from Foreign Policy Experts

A flurry of newspaper articles reporting that the Obama Administration may decide to disregard the advice of its military commanders and reduce the U.S. military presence in Iraq to less than 4,000 troops by the end of the year prompted 42 distinguished American foreign policy experts to write an open letter to President Obama on […]

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Taking Sides in the Taiwan Strait

In an article entitled “China and US on Edge over Vote in Taiwan,” today’s Financial Times (FT) quotes a “senior US official” as saying Taiwan DPP presidential candidate Tsai Ing-wen “left us with distinct doubts about whether she is both willing and able to continue the stability in cross-Strait relations the region has enjoyed in […]

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House Set to Rebuke NLRB for Meddling in Boeing’s Expansion Plan

The House of Representatives is poised to pass legislation today that prohibits the National Labor Relations Board from interfering in the business decisions of U.S. companies. The bill would effectively end the NLRB’s complaint against Boeing’s expansion plans in South Carolina. Boeing came under attack from the NLRB in April after constructing a plant in […]

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