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In 2008 and 2009, the Bush White House, the Obama White House and the Federal Reserve doled out over $2 trillion in taxpayer money in an effort to save failed businesses and to stimulate the economy. In 2010-- the Wall Street Journal predicts-- the public will begin to understand how dramatically such efforts have changed the US economy.Only as the recession recedes will it become fully evident how permanently the state's role has
Health care thoughts for the Congressional recess and beyond
It becomes clearer on a daily basis, from bribes to Senators to get votes to Pelosi’s refusal to let Republicans participate in a press conference in Copenhagen, that America is no longer a Republic, but a dictatorship, at least until the next election.
Barely a year ago, some legislators in Kansas tried to push through a whopping $0.75 per pack cigarette tax hike. Luckily, it didn’t pass. Even though Kansas already has some of the highest cigarette taxes in the region, the idea hasn’t gone away and Governor Parkinson is already eyeing a tax hike as he prepares his 2011 budget. That means he’s looking for funds to grow government; something Kansans can’t afford.
Yesterday, President Obama asserted that Harry Reid's healthcare takeover bill is in fact deficit neutral:The argument that opponents are making against this bill does not hold water.But when he and other Democrats claim that the government takeover of the healthcare system will cost less than $900 bill
The Tenth Amendment Center is reporting that at least seven states have introduced legislation or constitutional amendments for 2010 that could effectively nullify national health care within their borders.They have even put together this handy map.
Reid makes sweetheart deals to secure healthcare votes
As Senate Majority Leader Harry Reid (D-Nev.) desperately attempted to secure the 60 votes needed to pass his healthcare takeover bill, he cut sweetheart deal after sweetheart deal with other members of the Senate. To attract Senator Ben Nelson (D-Neb.), for example, Reid included a permanent exemption from the state share of Medicaid expansion for Nebraska. This will leave federal taxpayers footing the bill for an additional $45 million in t
According to information gathered by the Heritage Foundation:
I'm going to have all the negotiations around a big table. We'll have negotiations televised on C-SPAN, so that people can see who is making arguments on behalf of their constituents and who are making arguments on behalf of the drug companies or the insurance companies.
Final government healthcare takeover bill and CBO score released
Earlier today, Senate Majority Leader Harry Reid (D-Nev.) released both his final healthcare takeover bill and the score--cost estimate-- given to it by the Congressional Budget Office (CBO).The bill can be read here.The CBO cost estimate can be read here.
GOP Joint Economic Committee healthcare charts illustrate harmful effects of Reid bill
The GOP Joint Economic Committee compiled a series of charts that illustrate the harmful effects of Senate Majority Leader Harry Reid's (D-Nev.) healthcare takeover bill, including:Tax increases (particularly on the middle class)Employer effectsMarriage penalties and other bad disincentivesConsequences of non- or inadequately inflation indexed taxesCuts in MedicareSubsidies for citizens vs.