(CNSNews.com) – After weeks of warning from President Barack Obama and administration officials that the sequester means criminal would go free, first responders and school teachers would lose their jobs, the border would be less secure, and there would be longer waits for air travelers without an agreement by March 1, Obama said Friday it [...]

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via Chuck Schumer: GOP has to back tax increases to get a budget Sen. Chuck Schumer, D-N.Y., said the U.S. Senate will only fulfill it’s legal obligation to pass a budget if the budget, which has not been passed since 2009, includes new tax increases. “We need a budget,” Schumer conceded on Meet the Press.  [...]

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Here’s how and why it has to be done. John Boehner is a good man in a hard place. He has served in public office as a lifelong conservative, not a RINO. His position on the Obama tax increases has been better than almost any other Republican who has been speaking out lately, given the [...]

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via Sen. Jim DeMint Resigns DeMint to Leave Senate to Lead the Heritage Foundation WASHINGTON, D.C. – Today, U.S. Senator Jim DeMint (R-South Carolina) announced that he will leave the Senate at the beginning of January to become the next president of The Heritage Foundation, the largest and most respected conservative think tank in America. [...]

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By: Charles Krauthammer WASHINGTON — Why are Republicans playing the Democrats’ game that the “fiscal cliff” is all about taxation? House Speaker John Boehner already made the pre-emptive concession of agreeing to raise revenues. But the insistence on doing so by eliminating deductions without raising marginal rates is now the subject of fierce Republican infighting. [...]

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The post-election negotiations on U.S. deficit reduction that began with a surge of optimism sputtered this week with Republicans expressing political indignation over President Obama’s opening offer to keep a $500 billion mix of tax hikes and federal spending cuts from kicking in next month should no deal be reached. “There has been no substantial [...]

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(CNSNews.com) – House Minority Leader Nancy Pelosi (D-Calif.)  said on Friday that Congress should hand over to President Barack Obama the power to unilateral increase the limit on the U.S. government’s debt. In effect, under the plan Pelosi is endorsing, the only limit on the national debt would be President Obama’s willingness to borrow money in the [...]

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New data compiled by the Republican side of the Senate Budget Committee shows that, last year, the United States spent over $60,000 to support welfare programs per each household that is in poverty. The calculations are based on data from the Census, the Office of Management and Budget, and the Congressional Research Services. “According to [...]

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CNSNews.com – The Congressional Budget Office CBO predicts that if tax rates rise in 2013 as scheduled, the economy will fall back into recession, shrinking by 0.5 percent in 2013. CBO made the prediction in its annual summer budget update Wednesday. “But the sharp increases in federal taxes and reductions in federal spending that are [...]

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In an interview with Black Enterprise magazine, President Barack Obama blames state and local governments, as well as Congress, for over 14 percent black unemployment. “Black unemployment still stands at nearly 14%. How do you communicate that the economy is headed in the right direction?,” the editor in chief of Black Enterprise asks Obama. “Most [...]

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