Posts tagged ‘Economy’

February 7, 2014

Watch GOP contradict itself on CBO Report, Job-Lock & Obamacare [Video]

Mitch McConnell Hostage to FactsI just cannot keep myself from stepping once again into the wading pool of American politics any longer, at least not when it comes to this renewed tirade of Obamacare misinformation.

On Wednesday we bore witness to the release of the CBO’s report on the economy which included an appendix on the effect the Affordable Care Act is predicted to have on the economy. Unsurprisingly, ACA opponents fell all over themselves to report that the CBO had vindicated their “Obamacare is a Job Killer” talking points. However, it takes a bit more than copy and pasting

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March 15, 2013

What’s truly wrong with the Ryan Budget

Paul RyanBy , The Washington Post

The tax plan embedded in the House Republican budget would cut taxes by $5.7 trillion over the next decade, with the benefits flowing disproportionately to very wealthy households, according to a new analysis by the nonpartisan Tax Policy Center.

Taxpayers earning more than $1 million a year would benefit the most from the GOP tax plan, the analysis shows, reaping an average $400,000 tax break that would send their after-tax income soaring by nearly 20 percent.

Meanwhile, taxpayers earning between $40,000 and $50,000 a year —

March 1, 2013

Test Your Knowledge: Energy Term Quiz

Smoke Stacks_HousesDo you know the difference between oil reserve and oil resource? How about what fracking stands for? Confused? Or are you master of the energy buzzwords? Take the quiz and see how much you know!

February 28, 2013

The next time Speaker Boehner chastises Senate…

Boehner McConnellHouse Speaker John Boehner has made many a headline laying blame for the sequester upon everybody elses’ shoulders but his own. He insisted the President was responsible for the massive spending cut set to go into effect March 1st. He’s touted his own accomplishments pushing through 2 sequester replacement bills in the House, forgetting to mention the obvious one-sided nature of both those pieces of legislation. And throughout most of this week he has thrown the entire weight of the sequestration onto the Senate who has not even considered the House bills and have come up with none of its own, despite a $110 billion Democratic replacement plan already released.

February 24, 2013

The Sequester Blame Game Comes to A Head

A not entirely new development in the sequester blame game reemerged this weekend in the form of Bob Woodward putting a damper on the Democrats’ Speaker Boehner sequestration powerpoint, trump card. This not wholly unexpected wrinkle shifts the sequester’s inception back on the White House.

February 22, 2013

How this is absolutely not Obama’s sequester

Boehner SequesterIn the often times twisted blame game of the hyperpartisan, gridlocked politics we’ve all grown to bemoan and loath, the Republican Party has talked themselves into many a reality altering claim aimed at absolving themselves of any resposibility for this nations problems. From blaming President Obama and Democrats for the Great Recession to the debt ceiling debacle of 2011, the GOP are now attempting to lay the entire idea of the sequestration on the White House’s doorstep.

February 21, 2013

Meet the Governors denying uninsured health care coverage

Will work for health careMother Jones has sifted through the 50 states and cobbled together a list of state governors who have effectively chosen to deny the poorest of their constituencies health care coverage and the opportunity to attain basic medical care through their refusal to accept Obamacare’s Medicaid expansion provision. They represent the who’s who of Republican governors whose states occupy the core of stalwart opposition to the Affordable Care Act. 

February 20, 2013

Gas Prices Mounting Again…Why?

Oil SpeculationYesterday morning, reluctantly waking to the rude static of the clock radio I reach for the snooze but decided against ten more minutes of sleep. Instead I readjust the dial trying to find the local NPR station’s elusive, ever-shifting frequency. Squeezed in between the new Latino station and another springing reggae on unsuspecting early morning listeners, the hourly news had already broken in.

National gas prices are expected to rise above $4.00 a gallon soon…

“What? Why?”

February 18, 2013

Test Your News IQ

You know you're a news junky ifDo you know more about the news than the average American?

Test your knowledge of prominent people and major events in the news, by taking our short 13-question quiz. Then see how you did in comparison with 1,041 randomly sampled adults asked the same questions in a national survey conducted online Jan. 18-24 by the Pew Research Center. The new survey includes a mixture of multiple-choice questions using photographs, maps and symbols.

February 15, 2013

Economists Shoot-down Boehner’s Minimum Wage Claim

raise minimum wageBoth times in fairly recent years federal minimum wage was increased with the cooperation of Republican leadership. In 1996, the Republican-controlled House under Newt Gingrich, the minimum wage was raised from $4.25 to $5.15 over a 2 year period. The next wage increase took place a decade later, in 2006-2007, when Democrats won back control of the House. They found support for the increase in then President, George W. Bush. This instance raised the minimum rate to its current level of $7.25 per hour.

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