‘We have instituted pay-go’ – what a laugh. Democrats in Congress call everything ’emergency spending’ so that the pay -go rules will not apply. Only the Republicans are trying to staunch the bleeding in run away government spending. Now Obama warns that he will be calling the bluff of those wanting to reduce deficits when he introduces major tax increases like a VAT added on top of the income tax.
Post Tagged with: "G20"
June 27, 2010 18:25
Obama Rattles Business
You don’t have to be an insurance company executive to identify with those hauled into the White House last week and told by the president that although he has no legal authority to do so, if they raise premiums to reflect the increased costs imposed by his health care bill, he will make them regret it.
April 26, 2010 04:03
Obama administration continues push for ‘global’ rules which would require global taxes
The US is preparing to pivot from domestic regulatory reform to a push for a tough new international capital regime after the weekend’s G20 and International Monetary Fund meetings glossed over differences between leading economies.
