Tag: Barack Obama
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Obama job plan not likely to help
President Obama’s jobs plan is not likely to contain the ingredients necessary for economic growth and jobs.
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‘Honest services’ law expansion sought
While the U.S. Supreme Court has attempted to limit the application of vague “honest services” statutes, the Obama Administration is working to restore what the Wall Street Journal describes as “essentially unlimited prosecutorial discretion to bring white-collar cases.”
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Supply-side economics, instead of taxes, is cure for recession
Sound money and low taxes — the elements of supply-side economics — are what cures recessions and produces economic growth.
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Kansas and Wichita quick takes: Wednesday August 3, 2011
Today: Debt ceiling; Was August 2nd a deadline?; Despite drag of government health care, Canada thrives; Kansas government website revamped; Demand is not the problem; Debt ceiling bill.
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U.S. receipts and expenditures
A look at the recent history of U.S. receipts and expenditures holds useful lessons on taxes and spending.
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Kansas and Wichita quick takes: Monday August 1, 2011
Today: Debt deal seen as victory for smaller government; Wichita city council; Sedgwick County Commission; Obama on the debt ceiling, 2006 version; New Wichita city council members; Project moves forward, despite missing welfare; Wichita downtown restaurants; Cato University.
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Tax expenditures, or loopholes
Tax expenditures, commonly called loopholes, are in the news as part of the debt ceiling negotiations. What is the true nature of these? Spending, or not?
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Pompeo: No debt ceiling hike without structural changes
U.S. Representative Mike Pompeo, a Wichita Republican, said the country can’t risk continuing to spend at the present rate. There should be no agreement to raise the debt ceiling absent structural changes, he added.
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President Obama: Just cash in the Social Security Trust Fund
Could President Obama simply cash in a few of the bonds held by the Social Security Trust fund in August, if needed to pay benefits?