One of the big selling points of the Affordable Care Act (ACA), better known as ObamaCare, was that despite its massive new spending initiatives it would somehow reduce the federal deficit. But a new study by Medicare trustee Charles Blahous finds that absent repeal of major provisions of ObamaCare, the law could add as much as $527 billion to the deficit over the next decade.
The Obama administration is quietly steering about $500 million to the Internal Revenue Service (IRS) to help bolster the President’s healthcare overhaul, despite efforts in the Supreme Court to strike down the law. The half-billion-dollar transfer is only a snapshot of the IRS’s total ObamaCare implementation spending, and it is being siphoned outside of the traditional appropriations process.
Tax season is winding down once again, but the progressivity of the tax code is still with us. Most Americans who had more taxes withheld from their paychecks than they owe in taxes have already filed for their refunds. But not only did many Americans have no tax liability, some of them who didn’t owe any taxes to begin with still received a refund, all thanks to our Marxist tax code.
About a year ago, the Obama administration drafted a proposed executive order that would have forced potential federal contractors to disclose their political contributions, thereby introducing a political element into a bidding process that is supposed to be free of such considerations. Today, reports The Hill, the “administration has all but abandoned” the order, though Democrats have not given up on achieving the order’s objectives one way or another.
JBS CEO Art Thompson's weekly video news update for April 9-15, 2012.
If President Obama plans to run against the Supreme Court this fall, he may have some catching up to do. A Rasmussen Reports poll released Monday shows the high court's popularity has shot up since its three days of hearings, March 26-28, on the constitutionality of the health care reform legislation the President promoted and signed in 2010, the Patient Protection and Affordable Care Act.
With gasoline prices climbing back up toward $4 a gallon, the President's health care reform in troubled constitutional waters, and job growth underperforming even the most pessimistic forecasts in the third year of an anemic economic expansion, no one should be surprised if the President's reelection team would like to change the subject. This year, "It's the economy, stupid" will likely not be the mantra for the Democratic presidential candidate as it was for Bill Clinton in 1992.
To rival the campaigning efforts of Mitt Romney and other GOP presidential hopefuls, President Obama’s reelection campaign is employing an array of high-technology tactics.
A Massachusetts elementary school that got in over its head when it censored religious language from a song planned for a student concert, has reversed its politically correct decision after an uproar from parents.
Last week, U.S. Attorney General Eric Holder said that he will respond “appropriately” to the demand made by a federal appellate judge that the Justice Department provide him with a written statement reaffirming the department's respect for the authority of the federal courts to declare acts of Congress unconstitutional.