Yesterday, the President announced his budget for fiscal year 2013, a plan that, if implemented, would raise taxes and burden younger Americans with a legacy of chronic budget deficits. The budget the President is proposing is a house of cards on a foundation of volatile debt that is quite obviously not “built to last.” During … Continue reading
Tag Archives: Tax reform
Tax and entitlement reform overshadowed by credit-taking, blame games, and job report
Following a jobs report released this morning showing the unemployment rate dropped from 8.5 to 8.3 percent last month, the President emphasized his plan to keep the economy growing at a fire station in Arlington, Virginia. “The economy is growing stronger. The recovery is speeding up. And we’ve got to do everything in our power … Continue reading
Lack of progess in 2011 means Americans must wait for reform
In last year’s State of the Union address, President Obama laid out a bold agenda and admitted to a politically divided Congress, “We will move forward together, or not at all.” On taxes and federal deficits (and too many other issues), time has shown the latter to be true. The President concocted a recipe for … Continue reading
Americans still lack confidence in economy & government
Gallup reported today that 66 percent of Americans cited some economic issue as the most important problem facing our country today.[1]Only 8 percent said the federal budget deficit or federal debt. Yet, these two issues are intrinsically linked. Exit polls in New Hampshire’s Republican primary yesterday showed that 6 in 10 voters viewed the economy … Continue reading