Americans are skeptical about the federal government’s ability to lead a recovery from the Great Recession, according to Diminished Lives and Futures: A Portrait of America in the Great-Recession Era, a national survey from the John J. Heldrich Center for Workforce Development at Rutgers University. Those surveyed have good reason for that belief. Near…
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West Point, the U.S. Military Academy, is home to the Combating Terrorism Center (CTC) whose origins “are inextricably linked to the tragic events of 9/11 and West Point’s unwavering commitment to the future security and safety of our nation.” The Center has produced material on radical Islam and Al Qaeda but a recent report…
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The Congressional Budget Office has just issued its annual Budget and Economic Outlook, which attempts to project what the federal government’s revenues from taxes and spending will be from 2013 through 2023. Here’s a quick rundown of what they foresee. For 2013, the CBO projects that the deficit will be $847 billion, which rounds…
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Three headlines caught our eye recently. First, as we expected, President Obama failed to produce a budget proposal by the first Monday in February as required by law for the third year in a row, and for the fourth out of the five Februarys in which he has been President: For the third year…
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One of the federal government programs slated for cuts is Head Start, which President Lyndon Johnson first deployed in 1965 as part of his War on Poverty. President Obama wants a Head Start budget of $8.2 billion, up from the current level of $7.2 billion. Republicans want $2 billion in cuts to the federal…
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The IRS has released its first regulations related to how it will determine the penalty tax for not having “affordable” health insurance under ObamaCare. In those regulations, the IRS projects that the lowest cost “Bronze” plan for health insurance required by the Patient Protection and Affordable Care Act (PPACA) will cost $5,000 for single…
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When we last addressed California’s hidden money scandal, the state’s Attorney General found that the state Parks had concealed only $20.5 million and the remaining $33 million was “simply obscured by long-term complexities in managing that fund.” The AG passed the buck by letting the state Natural Resources Agency decide whether to bring in…
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“That is the height of irresponsibility. It is shameful. And part of what we’re going to need is for the folks on Wall Street who are asking for help to show some restraint and show some discipline and show some sense of responsibility.” That was President Barack Obama in 2009 responding to news that…
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CNSNews discovers that the U.S. Federal Reserve has become the single largest holder of U.S. government-issued debt, as it now owns a larger share of that debt than China! In data released Thursday afternoon, the Federal Reserve revealed that its holdings of U.S. government debt had increased to an all-time record of $1,696,691,000,000 as…
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The United States Department of Justice has declared that food allergies can be considered a disability under the Americans With Disabilities Act, a legacy of the George H.W. Bush Administration. The declaration emerged in a little-noticed 2012 settlement with Lesley University, in Cambridge, Massachusetts. A student there complained to the federal government after Lesley…
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