Time to Stop Spending OPM
Posted in Main Blog (All Posts) on November 22nd, 2010 5:31 am by HL
Time to Stop Spending OPM
Jonathan Gurwitz, San Antonio Express-News
Obama Must Stand Strong on Taxes
Robert Reich, San Francisco Chronicle
Let's hope the president holds his ground on not extending the Bush tax cuts to the richest Americans – who don't need it, don't deserve it and won't help the economy if they get it.But instead of limiting his proposed extension to those with incomes of $250,000 or less (the bottom 98 percent of Americans), he should offer it to incomes under $500,000 (essentially the bottom 99 percent) for two years. The real explosion of income and wealth has occurred in the top 1 percent.Between 2002 and 2007, the bottom 99 percent of incomes grew 1.3 percent a year in real terms, while…
Will GOP Get Serious on Spending?
Steve Chapman, Chicago Tribune
WASHINGTON — Barely a week has passed since the thumping Republican victory in congressional elections, and Senate Republican Leader Mitch McConnell is enjoying the chance to reveal how the GOP will use its new power.Speaking to a crowd at the annual convention of the Federalist Society, an influential organization of conservative and libertarian lawyers, McConnell is among friends. They are happy to hear him declare, “Americans want less government, less spending and less debt.” Receive news alertsThen the senator tells them what his party is going to do to bring the runaway…
