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Obama Budget Explodes Debt, Taxes, CBO Admits
Obama’s budget would explode the national debt while increasing taxes. That’s the conclusion of the Congressional Budget Office, controlled by lawmakers who support…
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Herbert W. Obama
In the Great Depression, President Herbert Hoover raised marginal tax rates to 63%, and went on a deficit spending binge. He also signed…
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Will talent flee to the City?
A different take on possible effects of lawmakers’ rabble-rousing on TARP bonuses. Jeffrey Goldfarb at breakingviews.com says that driving out talented financial…
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“Going Galt”– 90 percent tax may provide impetus
Already there’s confusion over what the 90 percent bonus tax bill passed by the House really means. Targeted at the AIG bonuses,…
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No “hysteria” about trade — just some facts
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A Cynical Poison-Pill Bill
Yesterday, liberal lawmakers, after publicly blasting the multi-million dollar AIG bonuses as undeserved and excessive, privately voted down GOP proposals to limit them.