Keyword: increase

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  • Trump Seeks "Historic" $54 Billion Increase To Defense Spending

    02/27/2017 8:34:46 AM PST · by Enlightened1 · 14 replies
    Zero Hedge ^ | 02/27/17 | Tyler Durden
    To offset the defense spending increase, the White House is seeking corresponding cuts of $54 billion in non-defense categories, including "large spending cuts" to foreign aid, the EPA, the State Department and safety programs. The official also added that most agencies would see funding reductions. “Most federal agencies will see a reduction as a result," the official said, with cuts falling most heavily on “lower priority” programs as well as foreign aid. When asked where the extra $54 billion will be spent, the official said “predominantly it will go to the Pentagon,” but declined to name specific offices.
  • Arizona Obamacare Plan To Jump By 116 Percent When Premiums Go Up Next Year

    10/26/2016 5:31:01 AM PDT · by Enlightened1 · 27 replies
    CBS ^ | 10/25/16
    Arizona will be hit the hardest whenObamacare premiums go up next year. The Department of Health and Human Services revealed Monday that premiums for a midlevel benchmark plan will increase an average of 25 percent across the 39 states served by the federally run online market, and that about 1 in 5 consumers will have plans only from a single insurer to pick from, after major national carriers such as UnitedHealth Group, Humana and Aetna scaled back their roles. However, in Arizona, unsubsidized premiums for a hypothetical 27-year-old buying a benchmark “second-lowest cost silver plan” will jump by 116 percent,...
  • HILLARY CLINTON FINALLY TELLS THE TRUTH - Will Raise Taxes On The Middle Class. Sheeple Cheer!

    08/08/2016 7:58:17 AM PDT · by Enlightened1 · 16 replies
    Youtube ^ | 08/04/16
    Hillary just can't keep the demon inside her in check can she?   Can't wait for the next screw up thing she says. Oh check out old Warren Buffett applauding her.  He is such a fraud.  
  • U.S. debt limit increase would extend until March 2017

    10/26/2015 3:56:11 PM PDT · by NormsRevenge · 12 replies
    Reuters on Yahoo News ^ | 10/26/15 | Richard Cowan
    WASHINGTON (Reuters) - U.S. borrowing authority would be extended until March 2017, beyond the Obama administration, under a deal being negotiated by congressional leaders and the White House, according to a U.S. House of Representatives source. As part of a parallel measure to fund government programs through Sept. 30, 2017, negotiators also aim to stop an increase in Medicare Part B premiums that is otherwise due to start soon.
  • National Poll – Donald Trump Continues To Increase Lead –

    10/14/2015 1:59:27 AM PDT · by sheikdetailfeather · 39 replies
    The Conservative Treehouse ^ | 10-14-2015 | sundance
    The latest large scale poll sample from Morning Consult (pdf below) shows that Marco Rubio and Carly Fiorina are now in a downward trend-line having had their moments of exposure and review. Conversely candidate Donald Trump now begins climbing even higher than previous polled results. (Via Morning Consult) […] Donald Trump retains a wide lead over the rest of the field, with 34 percent of the vote. Retired neurosurgeon Ben Carson clocks in second, at 20 percent, while former Florida Gov. Jeb Bush (R) finishes at 9 percent. Sens. Marco Rubio (R-Fla.) and Ted Cruz (R-Texas) and former Hewlett-Packard CEO...
  • Earnest: Remember, We Can See Iran Increase Its Nuclear Stockpile Thanks to Our Monitoring Measures

    06/02/2015 7:45:19 PM PDT · by Nachum · 15 replies
    Free Beacon ^ | 6/2/15 | David Rutz
    White House spokesman Josh Earnest looks on the bright side. Pressed Tuesday by ABC’s Jonathan Karl about a New York Times report that Iran had increased its nuclear fuel stockpile 20 percent over the last 18 months of negotiations, Earnest reminded reporters the monitoring measures put in place were what allowed the U.S. to see Iran’s brazen behavior in broad daylight. “But you don’t dispute their finding that they have a 20 percent increase in uranium fuel over what they had at the start of these negotiations?” Karl asked. “Uh, no,” Earnest said. “You’re not concerned about that, you don’t...
  • Obama plans to increase taxes on couples making more than $500,000 to 28% to 'help middle class'

    01/18/2015 3:26:44 PM PST · by Libloather · 34 replies
    Daily Mail ^ | 1/18/15
    **SNIP** Obama will ask lawmakers to close a loophole allowing capital gains on inherited funds to go untaxed -- a so-called "trust fund" loophole the White House says allows billions of dollars in capital gains to go untapped by the government every year. The administration’s proposal would exempt the first $200,000 in capital gains per couple plus $500,000 for a home, along with all personal property except for valuable art and collectibles. The rest would be treated for income-tax purposes as if it had been sold. The total amount of money raised for the government by these actions would be...
  • Senate DFLers put transportation funding plan on table

    01/13/2015 5:14:03 AM PST · by TurboZamboni · 6 replies
    Pioneer Press | 1-12-15 | David Montgomery
    The Democratic-Farmer-Labor Party will present a unified front this year in favor of a transportation funding package, including about $1 billion of increased taxes and fees. Legislative DFL leaders unveiled a proposal Monday that dovetails closely with Gov. Mark Dayton's plan, along with that of advocacy group Move MN: almost $600 million per year in new gasoline taxes, plus $125 million in vehicle registration fees and hundreds of millions of dollars more for metro-area mass transit. The plan forestalls the possibility of a three-way fight among Dayton, the DFL majority in the Senate and House Republicans -- who oppose any...
  • New IRS Data Expose Dems' Phony Tax-the-Rich Mantra

    01/12/2015 3:54:42 PM PST · by jazusamo · 9 replies ^ | January 12, 2015 | Editorial
    Taxes: Democrats unveiled a plan Monday that — surprise — would boost taxes on the rich. But new IRS data show these soak-the-rich campaigns are based on total falsehoods. 'Our tax code today is stacked in favor of people who make money off of money and against those who make money off of hard work," Rep. Chris Van Hollen, the top Democrat on the Budget Committee, said Monday. The plan he announced — which to be sure has no chance of being enacted — would boost taxes on the top 1% and hand out checks to the middle class each...
  • Why Is Party Of Limited Government Pushing A Gas-Tax Hike?

    01/09/2015 4:11:47 PM PST · by jazusamo · 62 replies ^ | January 9, 2015 | Editorial
    Fiscal Policy: In this time of political partisanship, the two parties at last have found something they can agree on: raising the gas tax. It's a truly awful idea, and might get Republicans kicked out of office. It's shocking that Republicans, who won the last election by promising limited government and lower taxes, would in their first week back in power make noises about joining tax-and-spend liberal Democrats to raise the 18-cents-a-gallon gas tax. But that's exactly what they're doing. Suddenly, a number of Republicans — who should all know better — are saying they'll "consider" a gasoline tax hike,...
  • Insurance Industry calls Dayton's MNsure Rate Increase ("only 4.5%")Average 'Misleading'

    10/08/2014 5:08:44 AM PDT · by TurboZamboni · 3 replies
    KSTP ^ | 10-7-14 | Jay Kolls
    The Minnesota Association of Health Underwriters (MAHU) has a strong message for Gov. Mark Dayton and MNsure, the state's health insurance marketplace. The association, which represents insurance agents told Dayton MNsure and the Minnesota Department of Commerce that the new MNsure average rate increase, set at 4.5 percent, is misleading consumers and making it more difficult for them to shop for better health insurance coverage. MAHU wants the Governor, MNsure and Commerce to tell MNsure clients the average rate increase, for most shopping through the exchange, will be considerably higher than 4.5 percent. MAHU Board Chair Alycia Riedl tells 5...
  • Big Minnesota insurer leaves Obamacare site

    09/16/2014 3:09:45 PM PDT · by TurboZamboni · 6 replies
    yahoo ^ | 9-16-14 | Dan Mangan
    Minnesota Obamacare is calling it quits. PreferredOne, the insurer that sold nearly 60 percent of all private health plans on Minnesota's Obamacare exchange, on Tuesday said it would leave that marketplace. PreferredOne's plans were the lowest-cost options on that exchange, known as MNSure. PreferredOne cited the costs of doing business on MNSure as the reason for its surprising decision, saying that selling plans is "not administratively and financially sustainable going forward," according to, the website of that Minnesota TV News network.
  • PhRMA warns out-of-pocket costs could double under O-Care

    05/16/2014 9:53:40 AM PDT · by Nachum · 15 replies
    The Hill ^ | 5/16/14 | Ferdous Al-Faruque
    A new study commissioned by PhRMA finds that many consumers in ObamaCare’s insurance exchanges could end up paying more than twice as much in out-of-pocket drug costs. The report for the nation’s top drug lobby was conducted by actuarial firm Milliman, which found that people on the Silver Plan, the most popular ObamaCare plan, would likely pay 130 percent more for out-of-pocket prescription drugs compared to people on similar employer-sponsored plans. One reason why out-of-pocket costs are likely to be higher is because employer plans are more generous than typical Silver Plans, according to the report. However, the numbers don’t...
  • Health Plan Premiums Are Skyrocketing According To New Survey Of 148 Insurance Brokers,

    04/09/2014 6:27:13 AM PDT · by xzins · 27 replies
    Forbes ^ | 7 Apr 14 | Dr. Scott Gottlieb
    Health Plan Premiums Are Skyrocketing According To New Survey Of 148 Insurance Brokers, With Delaware Up 100%, California 53%, Florida 37%, Pennsylvania 28%13 Health insurance premiums are showing the sharpest increases perhaps ever according to a survey of brokers who sell coverage in the individual and small group market. Morgan Stanley’s healthcare analysts conducted the proprietary survey of 148 brokers. The April survey shows the largest acceleration in small and individual group rates in any of the 12 prior quarterly periods when it has been conducted. The average increases are in excess of 11% in the small group market and...
  • Obama signs increase in U.S. debt ceiling (thru March 2015)

    02/15/2014 6:56:11 PM PST · by NormsRevenge · 27 replies
    Reuters on Yahoo ^ | 2/15/14 | Steve Holland - Reuters
    RANCHO MIRAGE, California (Reuters) - President Barack Obama signed legislation on Saturday that raises the U.S. debt limit through March 2015, taking the politically volatile issue off the table with congressional elections coming up this November. Without an increase in the statutory debt limit, the U.S. government would have soon defaulted on some of its obligations and would have had to shut down some programs, an historic event that would have caused severe market turmoil. On a long holiday weekend in a desert resort area in southern California, Obama put his signature on the legislation without fanfare, while behind closed...
  • 2013 aliya numbers

    01/12/2014 3:36:06 PM PST · by Eleutheria5 · 3 replies
    Jerusalem Post ^ | 29/12/13 | Sam Sokol
    The immigration of Diaspora Jews to Israel increased by seven percent in 2013 while North American aliya dropped by 11 percent, according to figures released by the Jewish Agency and the Immigrant Absorption Ministry on Sunday. The overall increase was partially driven by a 63% increase in aliya from France, part of a 35% rise among Western European nations. In total 19,200 Jews immigrated to Israel, a rise of 260 from the previous year. While the official figures listed an 11% drop in aliya from North America with some 3,000 immigrants coming over the past year as opposed to 3,389...
  • Heritage Chart Illustrates Higher Health Insurance Premiums After Obamacare

    10/17/2013 3:18:10 PM PDT · by Kaslin · 12 replies
    Rush ^ | October 17, 2013 | Rush Limbaugh
    BEGIN TRANSCRIPT RUSH: Right here my formerly nicotine-stained fingers. It prints out perfectly on one page. I will show it to you. Yep. I'll show it to you there on the Dittocam. That's what it looks like. What it does, is state by state it tells you what your health insurance premiums were before Obamacare and the exchanges, what they will be after (i.e., when you go there), and what percentage change it is for an adult age 27, an adult age 50, and a family of four. Now, I'm gonna show you this. If you look at the colors,...
  • Obamacare Will Increase Avg. Individual-Market Insurance Premiums By 99% For Men, 62% For Women

    09/25/2013 3:11:45 PM PDT · by tobyhill · 11 replies
    forbes ^ | 9/25/2013 | Avik Roy
    For months now, we’ve been waiting to hear how much Obamacare will drive up the cost of health insurance for people who purchase coverage on their own. Last night, the U.S. Department of Health and Human Services finally began to provide some data on how Americans will fare on Obamacare’s federally-sponsored insurance exchanges. HHS’ press release is full of happy talk about how premiums will be “lower than originally expected.” But the reality is starkly different. Based on a Manhattan Institute analysis of the HHS numbers, Obamacare will increase underlying insurance rates for younger men by an average of 97...

    08/27/2013 9:53:50 AM PDT · by Reaganite Republican · 4 replies
    Reaganite Republican ^ | 27 August 2013 | Reaganite Republican
    More taxing toons/humor at Reaganite Republican...
  • Health Premiums Climbed $2,976 Since 2009, Despite Obama Vow to Cut them $2,500

    08/23/2013 5:48:17 AM PDT · by IBD editorial writer · 9 replies
    Investor's Business Daily ^ | 08/23/2013 | John Merline
    The average employer-provided family health insurance premiums have climbed $2,976 since 2009, according to an annual Kaiser Family Foundation survey released this week. They're up $3,671 compared with the year before President Obama took office. That's despite Obama's repeated promises that the health care reform law he championed would cut premiums by $2,500 in his first term. And while annual premium increases have moderated over the past two years, that's due to trends in the insurance market largely unrelated to ObamaCare, and trends the law could actually reverse.
  • Pelosi: 'You're Mandated to Have Health Insurance, Yes, You Will Have An Increase'

    06/06/2013 3:03:06 PM PDT · by Nachum · 19 replies
    Cybercast News Service ^ | 6/6/13 | Elizabeth Harrington
    House Minority Leader Nancy Pelosi (D-Calif.) said on Thursday that health insurance premiums will go up under Obamacare because people who did not buy insurance before, and thus had no premium at all, will now be forced to buy insurance. She also urged people to be “optimistic” about Obamacare. “You just see,” Pelosi said. “I mean be optimistic about it. It is a very, very exciting enterprise.” Pelosi told reporters during a Capitol Hill press conference on Thursday that she never promised that every single American
  • California Regulators Hide Obamacare Rate Shock With Misleading Comparison

    05/30/2013 5:55:08 PM PDT · by grundle · 3 replies
    Reason ^ | May 30, 2013 | Peter Suderman
    Do recently announced insurance rates for California's health exchange prove that worries about rate shock for health premiums are overblown? Not really. If anything, they suggest that concerns about big premium increases remain legitimate. At the end of last year, California’s health insurance regulators wrote a letter to Health and Human Services Secretary Kathleen Sebelius warning that state officials expected health insurance “rate shock as markets transition to [Obamacare’s] rating rules.” But last week, after insurers participating in California’s health insurance exchange announced rates for the first year, supporters of the health care law were quick to declare that there...
  • Family Medical Costs Still Rising (Obamacare destroys American Healthcare)

    05/22/2013 11:53:05 AM PDT · by tobyhill · 4 replies
    ny times ^ | 5/22/2013 | By REED ABELSON
    The good news is health care costs are going up more slowly. The bad news is that families continue to see larger medical bills. The typical cost to cover a family of four now exceeds $22,000, including the amount paid in insurance premiums and out-of-pocket costs, according to the latest Milliman Medical Index for 2013. Milliman, an actuarial and benefits consultant, puts the cost at slightly less than the amount a family might pay to send a child to an in-state public college for a year. This year’s increase over last was only 6.3 percent, according to the analysis from...
  • Proof That ObamaCare Will Fuel Health Care Inflation

    05/08/2013 5:56:13 AM PDT · by IBD editorial writer · 8 replies
    Investor's Business Daily ^ | 05/07/2013 | IBD Staff
    Health Costs: Americans were promised that ObamaCare would make their health care more affordable. But a pair of studies show the new system has done nothing to lower health costs and will sharply raise them. Between 2009 and 2011, U.S. health spending rose just 3.9% a year, the lowest annual gains in decades. The Obama administration was quick to claim credit for the slowdown, with Health and Human Services Secretary Kathleen Sebelius saying ObamaCare had "contributed to the slowest sustained growth in health spending in 50 years." But two new studies make it clear that ObamaCare wasn't behind the slowdown...
  • Minnesota House passes tax bill, raises taxes on biggest earners

    04/25/2013 5:29:32 AM PDT · by TurboZamboni · 16 replies
    pioneer press ^ | 4-25-13 | Billy Salisbury
    House DFLers are going after "The One Percent" in a big way. Make that the 1.1 percent of Minnesotans who earn the highest incomes. The DFL-controlled House passed a tax bill -- 69-64 with all Republicans voting "no" -- Wednesday, April 24, that creates a new, fourth income tax bracket with an 8.49 percent rate -- up from the current 7.85 percent rate -- for the top-earning 1.1 percent of Minnesotans -- couples with taxable incomes over $400,000. On top of that, the bill would impose a temporary 4 percent income tax surcharge on the 0.5 percent of taxpayers making...
  • Minnesota health plans see increased costs in 2012

    04/02/2013 5:32:46 AM PDT · by TurboZamboni · 4 replies
    pioneer press ^ | 4-2-13 | chris snowbeck
    Health care spending in Minnesota is on the rise again. Per-person spending by the state's nonprofit health insurance companies on medical care during 2012 rose 5.1 percent from the previous year, according data released Monday, April 1, by the Minnesota Council of Health Plans. That was a significant jump compared with the rate of medical cost inflation during 2010 and 2011, according to the St. Paul-based trade group. In 2011, for example, the annual increase in per-person spending was 0.4 percent -- likely because some patients delayed elective procedures during the slow economic recovery, experts say.
  • Second study this week shows ObamaCare will drive up premiums (Corroboration)

    03/29/2013 1:23:21 PM PDT · by SeekAndFind · 6 replies
    Hotair ^ | 03/29/2013 | Ed Morrissey
    When I first read it, I thought this New York Times report from late last night was just late to the party. The Society of Actuaries had already released its analysis of the damage that ObamaCare will do to health-insurance costs, and HHS Secretary Kathleen Sebelius had already admitted that prices would go up as government forced people to buy bigger comprehensive policies. CNN even went so far as to ask whether Barack Obama and his administration had “misled” voters over the costs of ObamaCare.This study, though, is actually separate from the SoA’s analysis. The state of California commissioned this...
  • I Promise! Barack Obama’s Great Deception on Healthcare Premiums

    03/28/2013 2:31:51 PM PDT · by Starman417 · 5 replies
    Flopping Aces ^ | 03-28-13 | Anticsrocks
    Remember way back to the 2008 Presidential campaign? Then Senator Obama made a promise, one he repeated over and over for the next few years. Here's a refresher of what he said: "If you’ve got insurance through your employer, you can keep your insurance. We estimate we can cut the average family’s premium by about $2,500 per year. If you don’t have health insurance, then we’re going to provide you the option of buying into the same kind of federal pool that both Sen. McCain and I enjoy as federal employees. We’re going to make sure insurance companies can’t discriminate...
  • LaHood: Forced cuts mean flight delays, some control tower closures

    02/22/2013 10:42:54 AM PST · by xzins · 23 replies
    CNN ^ | 12:38 PM EST, Fri February 22, 2013 | CNN Staff
    <p>Short CNN articles must be excerpted to 50% of content.</p>
  • New year + new health care law = new tax rates

    01/01/2013 5:26:40 AM PST · by TurboZamboni · 5 replies
    pioneer press ^ | 12-31-12 | Tony Pugh
    WASHINGTON -- The tax man is coming in 2013. And he's wearing surgical scrubs and has a stethoscope around his neck. Five new tax increases take effect Jan. 1 to help pay for the nation's health care overhaul. New provisions of the Affordable Care Act require affluent taxpayers to pay more for Medicare and, for the first time, have their investment income subject to Medicare taxes as well. Also, people who use flexible spending accounts for health care expenses will pay higher taxes. And taxpayers who spend a lot out of pocket on their health care will find it harder...
  • Why your paycheck's getting smaller, no matter what: There may be no escaping higher taxes come Jan.

    12/31/2012 12:40:50 PM PST · by 2ndDivisionVet · 17 replies
    CNN Money ^ | December 30, 2012 | Emily Jane Fox
    President Obama is trying to push through legislation to keep broader middle class income taxes from rising by Monday night. But they may still have to pay at least 2% more in payroll taxes. That's because the government had temporarily lowered the payroll tax rate in 2011 to 4.2% from 6.2%, in an effort to keep more cash in the pockets of Americans and provide a boost to the economy. The tax cut, which applies on the first $113,700 in annual earnings, is expiring in December. Come 2013, most of the country's 160 million workers will see smaller paychecks. No...
  • The End of Bush Tax Rates Should Make Liberals Happy

    12/23/2012 8:08:16 AM PST · by TurboZamboni · 14 replies
    freedom outpost ^ | 12-22-12 | tim brown
    Families, Average Income $70,662: $4,138 tax increase. Baby Boomers, Average Income $95,099: $4,223 tax increase Low Income Workers, Average Income $24,757: $1,207 tax increase Millennials, Average Income $23,917: $1,099 tax increase Retirees, Average Income $42,553: $857 tax increase Note that these income figures are Adjusted Gross Income (AGI). Number of filers and AGI are estimates for 2013. Take a look at the full details here. Interestingly enough, liberals say this is a bad thing, but for them it would simply be returning to the Clinton Era Tax rates, right? Aren’t they the ones who have been saying those were the...
  • Antarctic Sees Record Growth in Sea Ice (WDJ Video Report)

    11/12/2012 11:56:09 AM PST · by Ernest_at_the_Beach · 10 replies ^ | 11/12/2012 12:55:35 PM2:58 | Robert Lee Hotz
    Northward winds are driving the record growth of winter sea ice around Antarctica, which stands in contrast to the extensive melting of the Arctic sea ice in recent years. Robert Lee Hotz has details on Lunch Break.
  • Keeping Your Balance: 2012 and the end of the ‘Bush-era tax cuts’

    10/07/2012 7:56:40 PM PDT · by Behind Liberal Lines · 19 replies
    Copyright © 2012, The Daily Record. ^ | Posted: 1:13 am Fri, October 5, 2012 | By Burton S. Speer
    Without congressional action, at the end of 2012 the so-called “Bush-Era tax cuts” will expire, impacting nearly all taxpayers. Bush-Era tax cuts is the term generally used for the 2001 and 2003 Tax Reconciliation Acts. These changes were to last only 10 years, but a 2010 Tax Act extended the cuts until the end of 2012.... Let’s take a look at the following couple. They are doing well, having combined wages of $125,000. They have 2 young children, $2,000 of capital gains, and $500 of dividend income. Under current rules, they would have a federal income tax of $15,810. However,...
  • Goodbye FY 2012, Hello FY 2013, Debt increases $145 Billion in 2 days, what used to take 6 mos.

    10/02/2012 9:05:03 PM PDT · by Steelers6 · 1 replies
    Treasury Direct ^ | October 2, 2012 | Steelers6
    Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding 09/27/2012 11,255,558,023,360.29 4,759,573,001,202.25 16,015,131,024,562.54 09/28/2012 11,269,585,800,039.32 4,796,655,607,346.57 16,066,241,407,385.89 10/01/2012 11,310,911,679,511.83 4,848,575,333,788.52 16,159,487,013,300.35
  • Economists: Deficit reduction requires both spending cuts and more taxes

    09/24/2012 10:31:04 AM PDT · by TurboZamboni · 23 replies
    ap ^ | 9-24-12 | AP
    National Association for Business Economics recently surveyed say the country needs more fiscal stimulus through 2013, but by 2014 it should be time to throttle back. The reason for the delay: the sluggish nature of the country's economic recovery. A majority of the economists favor extending payroll tax cuts, current marginal income tax rates and current tax rates for dividends and capital gains for most or all taxpayers through 2013. Deep tax cuts that were passed under President George W. Bush expire at the end of December unless Congress takes action. At the center of debate: extending the cuts for...
  • Now who’s a dummy?

    09/09/2012 10:47:03 AM PDT · by pansgold · 9 replies
    IX / IX / MMXII | pansgold
    I need help understanding what _resident 0bama just said…. PLEASE HELP! The _resident just said he will eliminate loop holes for the wealthy and that will increase their taxes. In the _resident’s next breath he said that will lower the taxes for “everyone”. If I understand correctly _resident 0bama wants to increase taxes on the rich 1% and then lower the taxes of the rich and 1%? Are they not included in the “everyone” he spoke of?
  • Think You Can Rest Now? Challenge The Rebbe's relentless call for every Jew to never rest

    08/19/2012 12:04:02 PM PDT · by Phinneous · 1 replies ^ | circa 2003 | Various
    Video on a precept of Judaism...we increase in holiness. Every Jew, no matter what level of observance, should see the discussion at 15:30.
  • ObamaCare Now Officially the Largest Tax Hike in US History!

    06/28/2012 8:32:32 AM PDT · by Reaganite Republican · 36 replies
    Reaganite Republican ^ | June 28, 2012 | Reaganite Republican
    From $94 billion to $1.6 trillion... President Obama has repeatedly asserted that the new health care law's individual mandate requiring everyone to have qualified health insurance coverage or pay a penalty is not a tax.  In a testy exchange with ABC's George Stephanopoulos--who, ironically, also pushed for sweeping health care reform legislation when he worked for then-President Bill Clinton--Stephanopoulos pointed out that ObamaCare critics call the mandate a tax. Obama rejected the claim and noted that his critics call everything a tax: "For us to say that you've got to take a responsibility to get health insurance is absolutely not...
  • How the Expiring Bush Tax Cuts Affect You

    06/23/2012 7:42:32 AM PDT · by TurboZamboni · 16 replies
    Yahoo/Smart Money ^ | 7-7-2010 | Bill Bischoff
    You may have been led to believe that only individuals in the top two brackets will face higher federal income taxes when the Bush cuts go bye-bye. Not true! Unless Congress takes action and President Obama goes along, rates will go up for everyone -- not just a sliver of the wealthiest Americans. The current six rate brackets of 10%, 15%, 25%, 28%, 33% and 35% will be replaced by five new brackets with the higher rates of 15%, 28%, 31%, 36% and 39.6%. Just a few months ago, it seemed like a safe bet that Congress would make a...
  • Another IncreaseJobless Claims, Another Adjustment to Last Week's #s-Make it Look Good for BO

    05/17/2012 5:37:55 AM PDT · by Reagan69 · 10 replies
    Marketwatch ^ | 05-17-12 | Jeffry Bartash
    The number of Americans who filed requests for jobless benefits was unchanged last week at 370,000, the U.S. Labor Department said Thursday. Claims from two weeks ago were revised up to 370,000 from an initial reading 367,000.
  • 2013 coming tax increases (does this math look correct?)

    05/11/2012 10:10:29 AM PDT · by TurboZamboni · 11 replies
    me ^ | 5-11-12 | TurboZamboni
    By allowing the 2003 Bush tax cuts to retire, taxes will be increasing the bottom rate from 10% to 15% and the 20% bracket to 25%.   is this math correct? :    Raising the 10% bracket to 15% represents what percentage of increase? (Hint: The correct answer is NOT 5%)To those moving from the 10% bracket to 15%, their taxes will be increased by 50%!!   Raising the 20% bracket to 25% represents what percentage of increase? (Hint: The correct answer, again, is NOT 5%)it's s a full-blown 25% increase in taxes   Finally, raising the 35% bracket to...
  • White House proposes 0.5 percent pay increase for federal workers

    01/06/2012 9:08:04 AM PST · by Nachum · 38 replies
    WaPo ^ | 1/6/12 | Ed O'Keefe
    The White House will propose a 0.5 percent pay increase for civilian federal employees as part of its 2013 budget proposal, according to two senior administration officials familiar with the plans. The modest across-the-board pay jump would be the first increase for federal workers since before a two-year freeze began in late 2010. Raises for within-grade step increases and promotions have continued during the freeze. The proposal, which requires congressional approval, differs from Republican plans supported by lawmakers and presidential candidates that would freeze basic pay rates for one more year. Some of those plans also call for denying within-grade...
  • Obama delays seeking debt-ceiling increase

    12/30/2011 3:27:04 PM PST · by mdittmar · 18 replies · 1+ views
    UPI ^ | Dec. 30, 2011 | UPI
    The Obama administration delayed asking Congress to raise the U.S. debt ceiling by $1.2 trillion after congressional leaders objected to the time frame. The White House said the delay won't affect the nation's creditworthiness, The Washington Post reported.Under the request the administration originally planned to submit Friday, Congress would have had 15 days to disapprove the request or else the debt ceiling automatically would have been raised from $15.2 trillion to $16.4 trillion.Congressional leaders, however, objected to the timeline, saying it would have been difficult for lawmakers to vote on the measure. The House doesn't return until Jan. 17 and...
  • (Minimum) Wage Floor Is Increasing in 8 States in New Year (helps working families)

    12/26/2011 2:01:07 PM PST · by Libloather · 28 replies
    NY Times ^ | 12/23/11 | CATHERINE RAMPELL
    Wage Floor Is Increasing in 8 States in New YearBy CATHERINE RAMPELL Published: December 23, 2011 Eight states will ring in the New Year with a higher minimum wage, under state laws that require wage floors to keep apace with inflation. San Francisco, one of the few cities that sets its own minimum wage above the federal level, is also raising wages for the lowest-paid workers in the new year. It will become the first big city in the country to require companies to pay their workers more than $10 an hour. The minimum wage increases in Arizona, Colorado, Florida,...
  • What Is The Best Country For Americans To Relocate To Avoid The Coming Economic Collapse?

    12/08/2011 6:28:13 PM PST · by blam · 141 replies
    TEC ^ | 12-8-2011
    What Is The Best Country In The World For Americans To Relocate To In Order To Avoid The Coming Economic Collapse?December 8, 2011 Millions of American citizens have already left the United States in search of a better life. As the economy continues to crumble and as our society slowly falls apart, millions of others are thinking about it. But moving to another country is not something to be done lightly. The reality is that there are a vast array of social, cultural, economic and safety issues to be considered. If you have never traveled outside of North America, then...
  • CSU proposes 9 percent fee increase

    11/14/2011 12:35:43 PM PST · by NormsRevenge · 19 replies ^ | 11/14/11 | Lisa M. Krieger
    California State University trustees are proposing a 9 percent hike in undergraduate tuition beginning with the fall 2012 semester, unless the state gives the system more money. It would be the ninth basic fee increase in nine years for the nation's largest university system, which says higher tuition is the only way to keep up with rising enrollment and declining state support. "Our options are severely limited," CSU Chancellor Charles B. Reed said in a Monday morning news conference. "The state needs to step up and assume its historic role as the primary funder of the university." The $498 increase...
  • Most Maryland bridge and tunnel tolls to increase

    10/27/2011 10:14:37 PM PDT · by Tolerance Sucks Rocks · 20 replies
    WTOP ^ | October 27, 2011 | Hank Silverberg
    WASHINGTON -- The cost of traveling is going to increase next week for drivers who use certain local bridges or toll roads. Maryland is raising tolls on most tunnels and bridges starting Nov. 1, with the exception of the new Intercounty Connector (ICC). The increases will vary. For example, cash rate tolls on the Harry Nice Bridge from Maryland into Virginia will climb from $3 to $4, while the cash rate on the Chesapeake Bay Bridge will rise from $2.50 to $4. The toll increase also comes with a new system for penalizing those who don't pay. Harold Bartlett, executive...
  • In Maryland, panel seeks 60% more in gas tax

    10/26/2011 7:50:22 PM PDT · by Tolerance Sucks Rocks · 26 replies
    The Washington Times ^ | October 25, 2011 | David Hill
    ANNAPOLIS — A Maryland commission recommended Tuesday that the state raise its gas tax by more than 60 percent over the next three years, but members acknowledged that taxpayers facing a dire economy could find the increase hard to swallow. The proposed hike, approved by the state-appointed Blue Ribbon Commission on Maryland Transportation Funding, would raise the gas tax on wholesalers by 5 cents a year for three years, from the current rate of 23.5 cents per gallon. The move could generate nearly $500 million in annual revenue and is part of $870 million in annual tax-and-fee increases recommended by...
  • Social Security to hand out first raises since '09

    10/18/2011 5:46:50 PM PDT · by STARWISE · 46 replies
    AP/Yahoo ^ | 10-18-11 | Stephen Ohlemacher
    Social Security recipients will get a raise in January — their first increase in benefits since 2009. It's expected to be about 3.5 percent. Some 55 million beneficiaries will find out for sure Wednesday when a government inflation measure that determines the annual cost-of-living adjustment is released. Congress adopted the measure in the 1970s, and since then it has resulted in annual benefit increases averaging 4.2 percent. But there was no COLA in 2010 or 2011 because inflation was too low. That was small comfort to the millions of retirees and disabled people who have seen retirement accounts dwindle and...