On May 18 the debt limit suspension that Congress passed in January will expire. At that point, the debt limit will automatically increase to whatever amount the national debt is on May 19.
Now that Congress and the president have released their budgets, the question in Washington becomes: “Now what?” It seems we have reached another impasse on how to move forward and actually pass one.
Obamacare supporter and Center for American Progress President Neera Tanden recently said, “We’re in the phase for the actual meat of the law to come online.” As we move closer to full implementation of the law, including some of its most notable provisions, Bankrupting America will highlight the consequences of “the meat of the law.”
35% of likely voters believe America’s best days are in the future while 49% think the nation’s best days are in the past. What do you think?
About 20 years ago President Clinton declared the “era of big government is over.” According to Rasmussen, only 19% of likely voters think the era of big government is over. 53% do not believe the era of big government is over. 28% are not sure. Do you think the era of big government is over?
This week was the deadline for Americans to file their taxes. According to a CNBC story written before those returns came rolling in, middle class taxpayers – those making about $46,600 – paid 13.8 percent of their income, or about $6,431, in federal taxes. What could Americans get for that $6,400?
Instead of being spent to educate the public on making smart health choices, it seems that stimulus dollars may have found their way into unlawful efforts to take those choices away entirely.
Lawmakers in Washington say they are committed to reforming the tax code so what will happen? … What are their ideas, how likely is reform and why is it needed? We look at the issue of tax reform in this week’s five things.
“The money that they’re already taking from us should be used more wisely.”
“[Politicians] need to cut spending, and they need to think responsibly about what they’re doing with taxpayers’ money.”