(CNSNews.com) – President Barack Obama’s likely nominee for Secretary of State, Sen. John Kerry (D-Mass.), has been an avid supporter of foreign aid to Pakistan throughout his years in the Senate. Kerry, chairman of the Senate Foreign Relations Committee, co-sponsored the Enhanced Partnership with Pakistan Act of 2009 along with Sen. Richard Lugar (R-Ind.). The […]
While liberals on both sides of the aisle think that we can tax and spend ourselves out of this economic mess, analyses published by the Tax Foundation and the American Legislative Exchange Council show that states that tax less also spend less and have better economies than those states that tax more. The Wall Street Journal reported: […]
Californians voted for massive tax increases by approving of Proposition 30 in November, the state’s tax revenues declined in November by $806.8 million, or 10.8%. As California residents flee the state, and take their tax dollars with them. California has continued to engage in deficit spending. This has resulted in the state’s budget deficit for […]
Israel has decided to pay off Palestinian Authority debts for electricity by using tax money the government collects for it. Finance Minister Yuval Steinitz ordered that 435 million shekels – more than $110,000 – not only will be withheld from the Palestinian Authority but also will be transferred to the Israel Electric Corp, leaving an […]
As the fiscal cliff approaches, Congress and President Obama continue to debate tax increases, even though spending is the problem. Investor Warren Buffett recently opined that tax hikes on the wealthy would not curtail investments or hurt the economy. His logic, like President Obama’s, assumes that incentives don’t matter. Oh really? News that Great Britain […]
The figures reveal that from the beginning of 1997 until August 2012 there was no discernible rise in aggregate global temperatures This means that the ‘pause’ in global warming has now lasted for about the same time as the previous period when temperatures rose, 1980 to 1996 The world stopped getting warmer almost 16 years […]
Americans are worried about the “fiscal cliff,” which is when tax cuts expire under Obama and spending cuts are set to go into effect at the end of the year. Fearing an increase in capital gains and dividend taxes under Obama, many Americans are unloading stocks, businesses and homes before the end of the year. […]
California Gov. Jerry Brown on Sunday said California would start a tax-increase wave across the nation, but recent history suggests California’s tax increases will only accelerate the number of people who will leave California to other states with better tax climates. When asked whether California was going to start a “tax-increase sweep” across the nation on CNN’s […]
After months of delays, the floodgates are about to be opened as it was planned after the election as to not effect Obama’s re-election. This week the Health and Human Services Department delivered two major health reform rules to the Office of Management and Budget on Friday, the first in an anticipated stream of health […]
The United States is headed for a recession during President Barack Obama’s second term, renowned financial guru Steve Forbes predicted Wednesday. “We won’t get a depression, thankfully. This is still a very resilient economy, but we will have a recession,” Forbes, chairman and editor-in-chief of Forbes Media, told Newsmax.TV in an exclusive interview. “Raising taxes […]
