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Although we do not have the text of the forthcoming jobs bill from Congress, Reuters says they have obtained a copy of the bill.
Earlier this month, I wrote about Congress getting involved and demanding the NCAA put some sort of playoff system in place for Division 1 football. A Quinnipiac poll released today indicates you want one too, but are not so sure about Congressional involvement.
Continuing in the spirit of federal government transparency, Congress authorized creation of a deficit reduction task force this week that will meet privately through the end of 2010. Suggestions and trial balloons will begin to leak in January 2011 to ensure task force ideas would not become fodder of political campaigns.
President Obama on Tuesday suggested a bold move – a complete elimination of the capital gains tax on small business investment for one year. Congress promptly suggested more than doubling the tax from 15 percent to 35 percent effectively classifying these gains as ordinary income.
Thanks to the congress-critters in Washington D.C., you’ve got to wonder if taking risks as an entrepreneur is worth it. Harry Reid, Nancy Pelosi, and yes many Republicans seem to think they know best when it comes to managing health care, automobile manufactures and banks. Why take a risk?
It has occurred to me after thinking some more about Saturday evening’s vote in the House to approve the Pelosi version of Obamacare, that there is far more to what happened than appears. The polls clearly show that the American public is not overwhelming in favor of Obamacare. Most Americans are relatively happy with their insurance,…
In an effort to take advantage of the swine flu “crisis”, a California Democrat has suggested the federal government pass a law to demand employers provide up to five days of sick time if an employee is told to stay home if they are sick.
Agreed! While Americans are forced to slash personal budgets in tough times … and facing higher taxes (especially here in Connecticut), Congress just can’t stop spending your money. Under a House-Senate conference measure, approved by the House last week and poised for passage in the Senate on Wednesday, spending for the legislative branch will increase…
The House Ways and Means Committee’s primary objective seems to be to find the ways and means to collect more tax revenue from the rich to pay for entitlement programs. So how about a surtax on the top 2 percent of Americans who have income greater than $250,000?
Ronald Reagan would have turned 100 on Feb. 6, 2011 and for some unknown reason, Congress feels the need to get involved with a proclamation or something to kick off the celebration. The Ronald Reagan Centennial Commission Act passed the House on March 9 and it’s moved on to the Senate where Russ Feingold (D-Wis.)…