White House Data Debunk Myth Bush Cuts Built Deficit »

“After President Bush in late May 2003 signed the largest tax cut since President Reagan . . . government receipts from individual income taxes rose from $793.7 billion to a peak of $1.16 trillion in 2007, when the mortgage crisis began, a 47% jump.”

by Paul Sperry

While President Obama insists the Bush tax cuts caused the recession and record deficits, his own economists say otherwise.

He might want to …

Federal Spending is the Problem: Defense is Not! »

by George Landrith

With a long history of federal overspending and the recent explosion of more federal debt, it is obvious that the federal budget must be cut back to a reasonable size. We need an intervention. But the Budget Control Act — which would force an “automatic sequester” of $500 billion in across-the-board defense spending cuts over the next decade, in addition to the $487 billion in defense cuts …

Two Thoughts on Navigating the “Fiscal Cliff” »

“The ability of the American people to watch the [‘Fiscal Cliff’] sausage made and [to] read the contract before signing is a better guardian of our future than the hurried endorsements of the Washington establishment based on private assurances of politicians.”

by Grover Norquist

On January 1, 2013 three things happen:

First, the 2001 and 2003 tax cuts lapse along with a number of temporary tax reductions that have been …

Cowardly spiritual leaders censor messages, not Big Brother »

Some want you to believe spiritual leaders across the land are a bunch of cowards more afraid of the IRS than the Almighty.

For instance, Wayne Gruden, research professor of Theology and Biblical Studies at Phoenix Seminary, recently opined that since 1954 the IRS has forced churches to refrain from promoting or opposing any political candidate by name.

“The IRS has insists that any speech by churches that deals with …

Categories

Archive