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Archives

VAT Tax – You Aint Seen Nothin Yet

VAT – Value Added Tax.

If you don’t know what the VAT tax is, please read this article by Charles Krauthammer.

Many people have been pushing for a flat tax, or a fair tax, which is similar to VAT tax, but proponents of those don’t assume that they would be added ON TOP OF the existing taxes we pay.

Read more…

Senators work on bipartisan climate bill

Three senior US lawmakers are piecing together a sweeping bipartisan energy and climate bill, which looks set to include sweeteners to galvanise support among Republicans and industry groups.

The proposed legislation, encouraged by President Barack Obama, dilutes a climate bill that stalled last year in the Senate. The senators have hosted meetings with industry groups over the past two weeks, revealing details about their plan that would cap carbon emissions while expanding offshore oil drilling and nuclear power generation.

Read more…

Who’s Supreme? The Supremacy Clause Smackdown

When Idaho Governor C.L. “Butch” Otter signed HO391 into law on 17 March 2010, the “national” news media circled the wagons and began another assault on State sovereignty. The bill required the Idaho attorney general to sue the federal government over insurance mandates in the event national healthcare legislation passed. The lead AP reporter on the story, John Miller, quoted constitutional “scholar” David Freeman Engstrom of Stanford Law School as stating that the Idaho law would be irrelevant because of the “supremacy clause” of the United States Constitution.

Read more…

Obama’s Passover shadowed by criticism from Israel group

The Obama administration’s celebration of Passover is taking place amid criticism of its Israel policies.

The Israel Project, an organization that backs Israel through direct engagement with the media, said the administration has not done enough to engage in rapprochement with Israel to ease tensions between the two nations.

Continue Reading article from The Hill.

WHY FREER SCHOOLS ARE BETTER SCHOOLS

President Obama’s proposed overhaul of No Child Left Behind is long overdue.  Over the past decade the regime’s rigid metrics and penalties transformed schools into testing factories.  Unfortunately, the White House proposal — which replaces NCLB’s legal sticks with new legal carrots — won’t come close to fixing America’s schools, says Philip K. Howard, chair of legal reform organization Common Good.

According to Howard:

  • A 2004 study of the rules in one New York City school by Common Good found that the daily decisions made by teachers and principals are dictated by thousands of regulations.
  • Over 60 steps and legal considerations are required to suspend a disruptive student.
  • Manuals of 200 pages describe the “rights” of students.

Continue Reading article from NCPA.

The Long War of Repealing Obamacare

In the depressing aftermath of Congress’s passage of the Democratic health-care legislation, there has been an understandable temptation among conservatives to think that all their effort over the last year to derail what was coming down the tracks may have been for naught. After all, the bill did pass. The president and his allies got their signing ceremony and their victory lap, as well as a barrage of premature but predictable pronouncements from the national media that we are now witnessing a historic moment of irreversible liberal progress. And there’s no use sugarcoating what has happened. It’s a debacle from every possible vantage point.

Continue reading article from The Heritage Foundation

If You Liked Fannie and Freddie…

Think ObamaCare for the financial system. That’s one way to understand Sen. Chris Dodd’s bill to reform financial regulation. If passed in its current form, the bill would give the government control over the financial system in roughly the same way, and to the same extent, that ObamaCare would take over the nation’s health care. There isn’t a public option, exactly, but the private firms involved would be so heavily regulated that they would be effectively controlled by the government.

Read more from The Wall Street Journal.

What’s in the Bill

The $940 billion health-care overhaul will take nearly a decade to roll out in full. A look at the key parts of the bill and when they go into effect.

Continue reading article from Wall Street Journal.

Social Security Trust Fund goes cash-flow negative

Today the New York Times had a shocking story: this year the Social Security Trust Fund will pay more out in benefits than it takes in in revenue. There are several reasons this is an important story.

First, it is important because it reminds us that our country is on the edge of a fiscal precipice. The baby boomers will begin retiring next year. Indeed, with the recession some have started to retire early. As the story notes, “payments have risen more than expected during the downturn, because jobs disappeared and people applied for benefits sooner than they had planned.”

Continue reading article from Redstate.

Bipartisan deal falls apart, endangering expiring unemployment benefits

 A bipartisan Senate deal to briefly extend a package of expiring provisions fell apart Thursday night, endangering unemployment aid set to expire April 5.  

Senate leaders from both parties had neared a deal to allow swift passage of a package providing benefits for another week that would be fully paid for, according to Senate sources from both parties. The compromise was needed because Sen. Tom Coburn (R-Okla.) blocked Senate Democrats from quickly passing a month-long extension. Coburn objected because its cost, $9.2 billion, wasn’t offset and would increase the $12.7 trillion national debt.

Continue reading article from The Hill.