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
Tag Archives: Obama
Corporate Tax Reform: No Longer Revenue-Neutral
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
It Always Matters When it Rains in Washington
Perhaps only the Marines are able to make holding an umbrella over another person look powerful and executed with precision. As these marines stood stoic, Mother Nature reminded her critics on Thursday that she too has a flair for the poetic when rain began to fall on President Obama’s joint press conference with the Turkish … Continue reading
The Impact of the President’s New Budget on future STEM Education
On Wednesday, April 10th, President Obama released his $3.77 trillion budget, as the president begins the arduous process of getting it passed through the Republican controlled House of Representatives. In regards to education, the new budget contains very similar rhetoric used by the president during his 2013 State of the Union Address. For example, the … Continue reading
On Media Bias and Chris Matthews’ Buffoonery
As a conservative, I’m always hesitant to make the claim of media bias, for two reasons. First, I think the conservative claim of the mainstream media’s bias is often overwrought and self-fulfilling. Politicians and their staffs feel wronged and unfairly treated and, as a result, create an us-versus-them atmosphere that only perpetuates the irascible relationship. … Continue reading
Healthcare in Obama’s Second Inaugural Address
By Ji Lee On Monday January 21, 2013, President Barack Obama delivered his second inaugural speech at the United States Capitol building. Having viewed the inauguration, there are a few components related to the future of healthcare that I would like to highlight. President Obama mentioned that “Together we discovered that a free market only … Continue reading
“Wait, the IRS lost?” Regulatory Deference at a Crossroads
Amid the sea of adjectives that flowed over Monday’s second inauguration of President Obama, several television commentators made a pointed observation. Presidential Inaugurations are certainly occasions to celebrate the American constitutional system; however, there is no more demonstrable picture of this country’s enigmatic arrangement than the sight of President Obama taking his oath at the … Continue reading
The Current and Critical State of Student Loans
In a recent report published by the New York Federal Reserve Bank, student debt in America now totals $956 billion in outstanding loans. Consequently, the delinquency rate on student loans in 2012 was higher than any other type of consumer loan, which includes credit cards or auto loans. In the same year, the average student … Continue reading
End Slavery!
Today, January 11, is Human Trafficking Awareness day. As part of January’s National Slavery and Human Trafficking Prevention month, many nonprofits and citizens are planning efforts to spread awareness and solidarity. One such effort is encouraging President Obama to pass the Trafficking Victims Protection Act, which was signed into law in 2008. The Act authorized … Continue reading
On Remembering History and the Nature of Conflict
It was a normal Sunday morning for my grandfather, an officer in the US Army. He was getting ready to play his weekly round of golf, an experience which, while blissful enough on its own, was accented by the warm December sun and calming breeze of the South Pacific. As he prepared to leave, my … Continue reading
You must be logged in to post a comment.