You can’t make this stuff up. Your tax dollars are being used to market ”livestock semen.” Senator Tom Coburn (R-Oklahoma) has put together a new study titled “Treasure Map: The Market Access Program’s Bounty of Waste, Loot and Spoils Plundered from Taxpayers.” The report released today found that the federal government has spent more than $2 billion on a program to promote private companies marketing products | Read More »
The Romney campaign has released a new television, titled “Strong Leadership,” touting Romney’s economic record as Massachusetts governor: “As governor of Massachusetts, Mitt Romney demonstrated strong leadership—reducing the unemployment rate and balancing budgets without raising taxes. As president, Mitt Romney will do the same to help create jobs and get our country back on track.” The ad highlights three of Governor Romney’s economic achievements:
House Democrats agreed Friday to raise taxes by about $550 billion to pay for their sweeping expansion of the nation’s health care system. The huge tax increase will only pay for about half the cost of the Democrats’ health spending plans, so according to the New York Times, the Democrats will also cut Medicare spending, the government health plan for the elderly, and other health | Read More »
There President Obama goes yet again — saying one thing while doing the opposite. After prodding by the White House, Congressional Democrats near a budget deal so Obama can have his spend too much, tax too much, borrow too much budget in place within his first 100 days. President Obama’s budget includes a $1.75 trillion deficit so he can spend nearly $4 trillion in fiscal | Read More »
The folks at Reason TV have put together a video that will make you stop and think about the fairness of our tax code. That’s right: Individual taxpayers spend $27.7 billion preparing taxes. The tax code has grown to more than 67,500 pages. The least wealthy 50% pay less than3% of federal income taxes. The wealthiest 1% pay 39.89% of all federal income tax. The | Read More »
Timothy Geithner, President Obama’s tax cheat Treasury Secretary, doesn’t pay attention to his facts any better than he pays his taxes. The Associated Press reports Geithner claims Obama has inherited “the worst fiscal situation in American history.” The facts disprove Geithner’s statement. The January unemployment rate was 7.6%. The revised gross domestic product showed economic activity declined at a 6.2% annual rate in the fourth | Read More »
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