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<p>Tim Geithner, President-elect Barack Obama's nominee for Secretary of the Treasury, failed to pay $34,000 in taxes between 2001 to 2004. The revelation came at the start of his Senate confirmation hearing. Geithner, "Mr. Bailout", failed to pay taxes while he was working for the International Monetary Fund. The Treasury Secretary is responsible for managing federal revenues and tax policy. </p> <p>Geithner will also administer the $700 Wall Street bailout fund, known as the Troubled Asset Relief Program, or TARP.</p>
<p class="MsoNormal">Kansas is the latest state set on wringing more money out of the already overburdened smoker population as lawmakers consider a plan to raise excise taxes on cigarettes by $.75 putting the cost per pack well over $5, at this rate the government gets more money per pack than the manufacturers! The lawmakers pushing the plan say that this extra tax revenue will go toward funding Medicaid, because they want to free up general funds to cover other budget gaps.</p> <p class="MsoNormal"> </p>
<p>The end of an election season usually means dismantling the campaign apparatus until the next cycle. But not at Google; not this year. </p> <p>Google organized a political-sales force in spring 2007 in a bid to capture a bigger share of the record political spending ahead of the national election. Rather than packing it all away until 2010, it's hoping to build a year-round political-advertising business one House seat and hot-button issue at a time. </p> <p>Peter Greenberger, Google's director of election and issue advocacy. </p>
<p>In the last ten years New York’s state budget has jumped from $70.7 billion in 1998 to a proposed $121.1 billion in 2009, a staggering 71 percent increase. Over the ten year period, the New York budget has grown by an average seven percent per year. During the same time, New York median income has increased 43 percent, demonstrating that the state government has become a greater burden than New Yorkers can afford. </p>
<p>There are only three ways for a government to spend money it does not have: borrow, raise taxes, or simply print more money. President–Elect Barack Obama unveiled his trillion dollar economic stimulus package yesterday, the proposed American Recovery and Reinvestment Plan, which he hopes to sign in the early days of his administration. </p>
On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE NO on H.R. 11: the Lilly Ledbetter Fair Pay Act. This bill would negate the Supreme Court’s decision in Ledbetter v Goodyear Tire & Rubber Co. by amending the Title VII of the Civil Rights Act of 1964 to permit discrimination claims against employers well outside the current statute of 180 days.
On behalf of hundreds of thousands of FreedomWorks members nationwide, I urge you to VOTE NO on H.R. 12: the Paycheck Fairness Act. This bill purports to enforce more strictly the wage provisions of the Fair Labor Standards Act of 1938 to remedy perceived discrimination in the payments of wages on the basis of sex or other reasons. H.R. 12 is based more on the fallacy that the disparity between wages for men and women are solely the result of discrimination than the fact that there are market forces at work in the labor market that determine fair wages for all work.
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The House is hitting the ground running with two important bills - H.R. 11 and 12 - The Lilly Ledbetter Fair Pay Act and the Paycheck Fairness Act. You might think that as America sinks deeper in recession that Congress might try to avoid bills that are so blatantly harmful to business. But you would be pretty much completely wrong. Nancy Pelosi's House is less concerned with helping businesses thrive, than they are about giving some love to the trial lawyers. While everyone has been focusing on the growing "Economic Stimulus Package" H.R. 11 and H.R.
Or rather, spreading the pain and the blame.