The medical device industry currently consists of 8,000+ manufacturers and employs over 400,000 Americans. Over the last seven months, the industry has been subjected to a 2.3% excise tax on all medical device sales – not only profits. The tax has been a primary funding mechanism for the health care overhaul so far. The medical device industry … Continue reading
Last Tuesday, President Obama delivered a speech in Chattanooga, Tennessee, outlining his long awaited corporate tax reform. The speech called for a revenue-neutral corporate tax reform that lowers the top corporate tax from 35% to 28% for the majority of businesses. Manufacturers’ tax rate will top-out at 25%. President Obama made a statement that the … Continue reading
With New York City mayoral candidate Anthony Weiner continuing to pursue his interest in photography, one may be inclined to think that public outrage over politics would be focused solely on Weiner’s alter ego, Carlos Danger. However, Representative Steve King of Iowa has managed to grab some of the spotlight for himself by offering his … Continue reading
The US economy has been showing signs of recovery in the last year, adding 195,000 jobs in June alone, as the labor market advanced despite huge federal spending cuts and tax increases. This may sound nice at first, but the underlying truth to various “recovery” statistics is that the majority of new jobs added are … Continue reading
The other day I was ranting about the problems of the D.C. Metro system to another intern. For the fourth time that week, I had been trapped on a crowded, broken train for 40 minutes, completely uninformed and frustrated. Occasionally the train would jerk forward violently, jostling disgruntled riders, and reminding us that we were … Continue reading
Over the course of the past few weeks, the Senate has been more hectic than usual. There has been much debate over the use of filibusters in the Senate, and the more often than not useless delays that they have been causing. Historically, the filibuster has been a way to obtain a bipartisan compromise; but … Continue reading
The fire in Yarnell Hill, Arizona is now contained and the nation is mourning the loss of 19 of its most elite firefighters. As we wait for an ongoing investigation to conclude, we are faced with the reality that the Yarnell Hill wildfire is just the latest in a string of catastrophic fires that are … Continue reading
They were one of the first and most fervent supporters of healthcare reform. They formed the backbone of the coalition that drove Obamacare into law. On July 12, James Hoffa of the Teamsters with 1.4 million members, Joseph Hansen of the Food and Commercial Workers with 1.3 million members, and several other union lobbies teamed up … Continue reading
Since we can’t stop using energy, it’s necessary to use as clean a form of energy as economically and sustainably possible. I’ve already mentioned power sources with potential and likened them to pop stars in the press. Here’s a few more alternatives: A pop star with country roots but a less wholesome trajectory is Miley … Continue reading
If you were pursuing a degree in nursing, would you accept an offer of $8,530 in exchange for paying 14% of your income for 118 months after graduation? That is what Jario Sneider did. Often, students must make college decisions based on their financial circumstance. Masters and doctorate degrees are frequently ruled out due to … Continue reading
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