Budgets (page 249)

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    It was my understanding that there would be no math (ctd.)

    Apparently, I am not the only person who has been numerically challenged over the past 24 hours. At his press conference today, President Obama said You have 80 percent of the American people who support a balanced approach. Eighty percent of the American people support an approach that includes…
    Rick Henderson, July 15, 2011
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    Murdock punctures debt-limit myths

    Deroy Murdock‘s latest column contends the Obama administration’s approach to the debt-limit debate is based on “a central non-sequitur, a core myth, and a spectacular oversight.” First, the idea that the federal debt ceiling must be raised in order to lower federal indebtedness is…
    Mitch Kokai, July 15, 2011
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    Call his bluff? Krauthammer says yes

    Charles Krauthammer‘s latest column posted at National Review Online makes the case for congressional Republicans to take President Obama up on his offer: The Republicans are being totally outmaneuvered. The House speaker appears disoriented. It’s time to act. Time to call Obama’s bluff.
    Mitch Kokai, July 15, 2011
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    History helps Ferguson identify a key problem

    You can quibble with his prescription, but historian Niall Ferguson offers Newsweek readers a pretty good diagnosis of a key problem facing the United States. What all the Indignant have in common is the refusal to address squarely the problem that nearly all Western…
    Mitch Kokai, July 14, 2011
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    Coburn talks taxes

    John Hood offered his thoughts this week about government “revenue increases” conservatives can support. A Bloomberg Businessweek interview with Oklahoma Sen. Tom Coburn covers similar territory. You’re opposed to some corporate tax deductions and would like to get rid of them to…
    Mitch Kokai, July 13, 2011
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    New Carolina Journal Online features

    Rick Henderson and Anthony Hennen’s new Carolina Journal Online report details a study showing that North Carolinians would face a massive tax increase if they are forced to pay all promised pension benefits for retired government workers. John Hood’s Daily Journal examines the most important numbers…
    Mitch Kokai, July 13, 2011
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    The media begins to ask the right questions

    Many politicians and special interest groups claim that North Carolina ranks 49th in the nation in per-pupil education spending.  The mainstream media never questioned the origin and validity of the talking point…until now.  Enter an editorial published in the News & Record, The Democratic governor’s approach was forceful and…
    Terry Stoops, July 12, 2011
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    Hayes muses on Obama’s about-face on tax hikes during an economic downturn

    Stephen Hayes‘ latest Weekly Standard article questions the change of heart from President Barack Obama on the issue of raising taxes as the economy struggles. In a 75-minute meeting Sunday night, President Obama once again demanded that more than $1 trillion in tax increases…
    Mitch Kokai, July 12, 2011