House Speaker John Boehner has made many a headline laying blame for the sequester upon everybody elses’ shoulders but his own. He insisted the President was responsible for the massive spending cut set to go into effect March 1st. He’s touted his own accomplishments pushing through 2 sequester replacement bills in the House, forgetting to mention the obvious one-sided nature of both those pieces of legislation. And throughout most of this week he has thrown the entire weight of the sequestration onto the Senate who has not even considered the House bills and have come up with none of its own, despite a $110 billion Democratic replacement plan already released.
Senate Democrats will soon release a bill to counter massive cuts from the looming sequestration. In short the bill will institute a minimum tax rate for millionaires and eliminate some tax subsidies, specifically those subsidizing crop insurance for large farms, a program the CBO says will cost upwards of $90 billion over the next decade.
1) Taxes and regulations are slowing the recovery and restraining growth and hiring
Washington Post Factchecker:
We’ve noted this history before, but many people have forgotten it. Given that the dispute over whether to extend all of the Bush tax cuts has now led the nation to the edge of the “fiscal cliff,” let’s take a trip back in time to recall why the Bush tax cuts were enacted in the first place. (The Fact Checker covered passage of the Bush tax cuts as an economic policy reporter for The Washington Post.)
For some Obama’s re-election represented the coming of the rapture but for the rest of us it was a time to cheer as we realized, with a unified voice the majority of Americans chose the intelligent, human with a great sense of humor over the robot.
How can anyone still wonder why he was re-elected?
Since they started way back in 1940 this group of experts have correctly predicted the winner each presidential election for the past 68 years except for two. Will their record hold true for this, their 18th election?
Who are these experts, you may ask? They are an intelligent group of individuals, 250,000 strong from all 50 states, 90 percent of whom say they would like to president some day. These experts are people you and I may know. They are our neighbors. They are this country’s future leaders. This group of experts are this nation’s students who have thoughtfully considered their choices before voting in this the 18th Scholastic Student Vote.
The 2nd presidential debate last night was nothing if not exciting and tension filled. The Obama we knew from 2008 was back with fervor while Romney fought back hard to maintain his momentum and success from the first debate. There were several moments of clear disagreement or misunderstanding of the facts between the two candidates. Romney pressed the president on oil and gas permitting, the actual events surrounding the attack in Benghazi, budget deficits and immigration. The President, while much improved this time around, was unable to fully push back. So to play a bit of armchair debating and employ a healthy dose of 20/20 hindsight let’s revisit a few of these issues from last night.
The Behavior Research Center poll released Saturday shows Obama ahead of Romney 42-40 percent among registered voters and 44-42 percent among likely voters.