Since Democrats introduced their latest version of H.R. 4213, “The American Jobs and Closing Tax Loopholes Act,” business leaders and organizations that represent millions of American businesses and their employees have voiced their opposition to the job-killing, deficit extending bill. These employers say that the legislation is anti-job growth, will place American businesses at a…
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Question: What is the difference between adding $134 billion to the deficit (Democrats’ old “extenders” bill) and over $84 billion (Democrats’ new “extenders” bill) ?
Answer: Just 15 days.
That’s right, instead of hitting the Statutory Debt Limit on February 27, 2011 under the old bill, the reportedly “new-and-improved, fiscally-responsible” package will delay that until March 14,…
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Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today joined House Republican leaders at a press conference to discuss the over $670 billion in tax hikes Democrats have enacted into law since January 2009. The vast majority of those tax increases are a result of the health care law, and 14 tax hikes will hit middle class families – a direct violation of the President’s…
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Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today released a list of tax increases totaling $670.341 billion that have been enacted into law under President Obama. The gross tax increases equate to more than $2,100 for every man, woman and child in the United States and include at least 14 violations of the President’s pledge not to raise taxes on Americans earning…
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Ways and Means Ranking Member Dave Camp (R-MI) today released an analysis of major tax provisions passed by the Democrat-controlled House showing a net tax increase on American families and employers of at least $1.171 trillion over the next decade. The table below provides a list of the tax bills, gross increase and decrease in taxes through 2019, the net total of job-killing tax hikes…
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It’s been well-documented how PelosiCare would harm seniors and taxpayers. But what has not been discussed is how the bill would punish married couples. Consider this:
The House Democrats’ health bill (H.R. 3962) would set the maximum health insurance premium amounts that low and moderate income individuals and married couples could pay each year. These families and individuals would…
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• When the methods and economic models developed by the President’s top advisors are applied to a non-partisan estimate of the tax relief provided by the substitute to H.R. 1, it shows the Republican substitute could create 6.2 million jobs over the next two years.
• Let’s be clear about where these estimates come from: the President's senior economic advisors.
•The President’s…
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