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Category Archive: Budget and Taxes

Jul 14 2014

Obama Continues the Christian Right Gravy Train

Andy Kopsa, a terrific investigative reporter who briefly worked with my former employer, the American Independent News Network, has a long piece in the Nation about how the Obama administration has continued funneling huge amounts of money to Christian right organizations under the faith-based partnership programs, funds they use to proselytize and spread false medical …

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Jul 14 2014

Another Failure of Supply Side Economics

Supply-side (or trickle-down) economics, the only economic plan the Republicans have had for the last four decades, claims that if you lower taxes you’ll boost the economy so much that it will boost tax receipts enough to make up for the lost revenue. That has never been true and here’s yet another example of it …

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Jul 07 2014

Not So Fast on the Accommodation Workaround

The day after the Supreme Court ruling in the Hobby Lobby case, I wrote that the administration should be able to essentially moot the decision by extending the accommodation given to religious non-profits to for-profit companies as well. Turns out it isn’t quite that easy.

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Jun 02 2014

No Tax Breaks for Ark Park?

Answers in Genesis famously was given $43 million in tax breaks by the state of Kentucky a few years ago, but according to a local news site in that state those breaks have expired and they have had to reapply for them with a dramatically scaled-down project.

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May 05 2014

Bill Submitted to Broaden Parsonage Allowance

The Freedom From Religion Foundation won a district court case (now on appeal) challenging the tax break for parsonage allowances for ministers. The judge ruled that because it applies only to ministers and not to other non-profit leaders, it violates the Equal Protection and Establishment clauses. A legislator has now proposed a bill to broaden …

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Apr 26 2014

Government Funding Spurs Enormous Innovation

A new book called The Entrepreneurial State, written by a British economist, apparently documents the fact that government-funded scientific and medical research has paid massive dividends in spurring technological innovation and life-saving medications and treatments.

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Mar 12 2014

Rand Paul, the Worldnetdaily and Irony

The Worldnetdaily was at CPAC, in the person of Gina Loudon, and she got the chance to interview Rand Paul while she was there. The result was an article so full of irony that they could not have ducked into the punch any harder if they’d done so purposely to make themselves look ridiculous.

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Mar 11 2014

Ryan’s Appalling CPAC Talk

Paul Ryan spoke at CPAC over the weekend and delivered a truly appalling and inane speech about how terrible it is to help poor people eat. Why is it terrible? Because it gives them a “full stomach but an empty soul.” Oh, and he used a fake story to illustrate his point in the process.

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Mar 11 2014

Nope, Still No Real Cuts to ‘Defense’

As the right wing continues to absolutely freak out about those “deep cuts” to “defense” spending that are allegedly being proposed by the Obama administration, Eric Stoner points out the absurdity of those claims at Alternet, noting that there are no real cuts and that our real defense spending is actually much higher than the …

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Feb 28 2014

OMG! Obama is Disarming America!

I am alternately amused and appalled by the hysterical overreaction from the right to the Obama administration’s proposed Pentagon budget cuts that aren’t really cuts at all. The Worldnetdaily wants you to know that Obama is “unilaterally disarming” the country.

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Feb 28 2014

West: Hagel a ‘Traitor’ For Suggesting Budget Cuts

The Obama administration is proposing budget cuts that aren’t really cuts at all and wingnut Allen West is losing his mind about it, even calling Defense Secretary Chuck Hagel a “turncoat” and a “traitor” for the “unconscionable” cuts that will “weaken America.”

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Feb 27 2014

Those Serious Defense Spending Cuts

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The media is breathlessly reporting on Defense Secretary Chuck Hagel’s newly announced Pentagon budget proposal, which — OMG! — reduces the number of troops to the lowest number since before WW2! These are very deep, major cuts in spending, you guys. Except, of course, they aren’t. From Hagel’s speech announcing the “cuts.”

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Feb 11 2014

Hatch Loves the CBO. Unless He Doesn’t.

Sahil Kapur reports at Talking Points Memo about Sen. Orrin Hatch’s absurdly dishonest and incoherent position on the CBO’s report on Obamacare and the economy. First, he repeated the lie that the report says that Obamacare would destroy two million jobs:

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Feb 11 2014

The GOP’s Sudden, Inconsistent Concern for Jobless

After the release of a CBO report last week about the economy and Obamacare, the Republican party immediately and predictably began distorting one of its findings, despite the fact that the report went out of its way to preempt that distortion in the text.

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Feb 06 2014

New CBO Report Builds Case for Obamacare

A new Congressional Budget Office report that forecasts budgetary and economic conditions for 2014 provides ammunition for supporters of the Affordable Care Act on a couple of fronts. The first is that the “risk corridors” in the law will save the federal government billions of dollars:

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