Social Security overpaid nearly half the people receiving disability benefits over the past decade, according to a government watchdog, raising questions about the management of the cash-strapped program. In all, Social Security overpaid beneficiaries by nearly $17 billion, according to a 10-year study by the agency’s inspector general. Many payments went to people who earned […]
Universal Healthcare: Who Really Pays? – American Thinker
Proponents of “universal healthcare” often assert that healthcare is a right. If so, then healthcare is a rather different kind of right than those of Life, Liberty, and the pursuit of Happiness. We get those unalienable rights from our Creator, or from Nature. But healthcare is a complex array of products and services that must […]
Republican FCC Member Warns Net Neutrality Is Not Neutral – Breitbart
Ajit Pai, the sole Republican Commissioner on the Federal Communications Commission (FCC), inferred in a Tweet that President Barack Obama’s secret, 332-page “Net Neutrality” document is a scheme for federal micro-managing of the Internet to extract billions in new taxes from consumers and again enforce progressives’ idea of honest, equitable, and balanced content fairness. FCC […]
Obama Estate Tax Plan: Die Once, Get Taxed Twice – Investors.com
President Obama’s proposed changes to inheritance and capital gains taxes could raise the estate tax rate in the U.S. to the highest in the industrialized world. The plan, announced during the State of the Union address, would eliminate what is called “step-up basis at death” on capital gains taxation. And the top capital gains rate […]
Obama is the main obstacle to economic growth | Human Events
WASHINGTON — No matter what President Obama said about the state of our union Tuesday night, the economy’s prognosis is not good. Who says so? A hefty majority of the American people in a new Washington Post/ABC News poll that sought their opinion about the economy’s health. Roughly six in 10 said it was “not […]
Ponzi: Treasury Issues $1T in New Debt in 8 Weeks—To Pay Old Debt | CNS News
The Daily Treasury Statement that was released Wednesday afternoon as Americans were preparing to celebrate Thanksgiving revealed that the U.S. Treasury has been forced to issue $1,040,965,000,000 in new debt since fiscal 2015 started just eight weeks ago in order to raise the money to pay off Treasury securities that were maturing and to cover […]
Conservatives not satisfied with Mitch McConnell on Obamacare – Burgess Everett and Anna Palmer – POLITICO.com
Four days before Election Day, conservatives are attacking Mitch McConnell, potentially the next Senate majority leader and in a tight race himself, as insufficiently committed to repealing Obamacare. At issue are McConnell’s remarks to Neil Cavuto of Fox News on Tuesday, when McConnell said that a standalone repeal of the health care law would take […]
$2.66T: Tax Revenues for FY14 Hit Record Through August; Gov’t Still Runs $589B Deficit | CNS News
(CNSNews.com) – Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the fiscal year this August, but the federal government still ran a $589,185,000,000 deficit during that time, according to the latest Monthly Treasury Statement. Each month, the Treasury publishes the government’s “total receipts,” including all revenue from individual income taxes, corporate […]