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Keyword: unneeded

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  • A look at ObamaCare's significant, widespread and very real problems

    08/15/2013 10:36:09 AM PDT · by Jim Robinson · 15 replies
    FOX News ^ | Aug 15, 2013 | By Edmund F. Haislmaier
    ObamaCare is poised to “destroy the foundation of the 40 hour work week that is the backbone of the American middle class.” And that’s the president’s supporters talking. The dire warning came last month in a letter from three of the nation’s most influential union bosses to Democratic leaders in Congress. “The unintended consequences of the ACA [Affordable Care Act] are severe,” the labor leaders bemoaned. “Perverse incentives are already creating nightmare scenarios.” Specifically, they noted, “the law creates an incentive for employers to keep employees’ work hours below 30 hours a week, and many of them are doing so...
  • Tax cut unneeded, Greenspan says

    02/12/2003 9:39:39 AM PST · by NormsRevenge · 22 replies · 84+ views
    SJ Mercury News ^ | 2/12/03 | Ken Moritsugu
    <p>WASHINGTON - Federal Reserve Chairman Alan Greenspan dealt a blow to President Bush's drive for new tax cuts Tuesday, voicing concern about the rising federal budget deficit and saying he did not believe the economy needed further stimulus.</p> <p>He also surprised some analysts with a cautiously upbeat assessment of the U.S. economy's prospects, though he said that fears of war with Iraq make it difficult to gauge the economy's underlying health.</p>