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Tag Archives: Tax Hikes
by Ben Johnson, The White House Watch
GOP 2012 Contenders (Except Huntsman) Oppose Debt Deal, Blame Obama – CBS News.
Michele Bachmann: If We Pass Debt Deal, “We Embrace Being Greece” — CNSNews.com.
Ron Paul “Strongly Against” Debt Deal – The Daily Caller.
Tim Pawlenty: Debt Deal “Nothing to Celebrate” – Politico.
Mitt Romney Rejects Debt Deal, Says It Could Lead to Higher Taxes – The Huffington Post.
Rick Perry Opposes the Deal – Politico… Read the Rest of this Post
by Dr. Mark W. Hendricksen
Some have called August 2 “Financial D-Day.” That is the date, according to Treasury Secretary Geithner, by which either Congress raises the debt ceiling or some government disbursements will cease.
Multiple proposals have been floated for budgetary reforms to be made in exchange for raising the debt ceiling. A partial list includes: Rep. Paul Ryan’s (R-WI) plan to add $4.4 trillion less to the national debt than current trends project; … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged Barack Obama, Cut Cap and Balance, Debt Ceiling, Government Spending, Social Security, Tax Hikes
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Posted in Cartoons
Tagged Barack Obama, Debt Ceiling, Government Dependence, Government Spending, National Debt, Tax Hikes, Welfare State
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by Ben Johnson, The White House Watch
If you were regularly described as one of the most “brilliant” leaders in our nation’s history and were poised to launch a 16-month-long crusade to convince the nation to re-elect you, how would you sell your dismal economic record? Barack Obama gave his answer in a press conference yesterday, when he promised to deliver “massive, job-killing tax increases” and claimed a 9.2 percent unemployment rate proves he was … Read the Rest of this Post
by Ben Johnson, The White House Watch
Barack Obama has sometimes been fond of branding his Republican foes “hostage-takers,” but officials in his administration have found a new hostage in their negotiations over raising the debt ceiling: the U.S. Constitution. The president’s advisers and several “unbiased” media outlets are suggesting if Congress refuses to raise the debt ceiling, Barack Obama can force the nation to continue borrowing money. The Founding Fathers required all … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged 14th Amendment, Associated Press (AP), Barack Obama, Bruce Bartlett, CBS News, Constitution, Debt Ceiling, Executive Powers, Founding Fathers, Garrett Epps, Gay marriage, Government Spending, Harold Hongju Koh, James Hohmann, Jay Carney, John Boehner, John F. Harris, Jonathan Chait, Keith Olbermann, Libya, Louis Michael Seidman, Media Bias, MSNBC, New York, Office of Legal Counsel (OLC), Politico, Powerwall, Robert Bauer, Ryan Grim, Tax Hikes, Tea Party, Tea Party Movement, The Huffington Post, The Washington Post, Thomas Jefferson, Timothy Geithner, University of Baltimore Law School, US Constitution, Whit Johnson
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by Floyd and Mary Beth Brown
Speculation is running rampant about why House Majority Leader Eric Cantor walked out of debt ceiling talks with Democrats. Most of the speculation is credited by pundits to insider maneuvering between Speaker John Boehner and Cantor. The Washington Post reports the debt deal maneuvering this way, “One analysis of the House GOP right now is that there are two players in the GOP who can cut a budget deal: … Read the Rest of this Post
by Floyd and Mary Beth Brown
Reading Al Gore’s comments on Mitt Romney we were reminded of all of the reasons we don’t trust the man: “Good for Mitt Romney though we’ve long passed the point where weak lip-service is enough on the Climate Crisis. While other Republicans are running from the truth, he is sticking to his guns in the face of the anti-science wing of the Republican Party.”
The so-called science of global … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged 2012, 2012 Republican primaries, Gay marriage, Massachusetts, Mitt Romney, Republican Party, Republicans, RINOs, Tax Hikes
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by Dr. John A. Sparks
President Obama is now openly proposing tax increases on at least two important fronts as part of his “solution” to the growing debt crisis.
The president’s favorite approach is to talk about the “wealthiest Americans.” In his speech on April 13, he proclaimed that he will do away with the “Bush tax cuts” for the rich as soon as he has the opportunity. Just a week later, April 21, he … Read the Rest of this Post
Posted in Floyd Reports, News Reports, Opinion
Tagged Barack Obama, economic crisis, Economic Issues, Economics, Social Security, Tax Hikes
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