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‘Other’ spending is expanding the national debt by trillions
Think you understand the size and scope of the national debt? It’s growing much more quickly than you think thanks to the many ways the government borrows money, according to an analysis from the Washington Examiner. While most people assume the national debt grows each year because of the budget deficit, that’s not the only way…
Read MorePolicy expert: President Obama planning ‘backdoor attempt’ to bail out insurers
President Obama is working on using a special fund to bail out insurers who claim they lost money on the Obamacare exchanges – a plan that bypasses the consent of Congress. National Review has the commentary: If it successfully executes this plan, the Centers for Medicare and Medicaid Services (CMS) will have circumvented Congress to…
Read MoreTrump policy adviser: ‘That’s the plan: Try to pass a tax cut’
Conservative-leaning Heritage Foundation Fellow and Economist Stephen Moore Wednesday during a Politico forum says he would tell President-elect Trump to first focus on slashing business taxes and then follow up later with reforming individual tax rates. Reuters has the details: Trump’s proposal would reduce the official corporate tax rate to 15 percent from 35 percent,…
Read MoreIran-deal opponent U.S. Rep. Mike Pompeo accepts Trump’s offer to head CIA
U.S. Rep. Mike Pompeo (R-Kan.) Friday accepted President-elect Donald J. Trump’s request the West Point graduate head up the Central Intelligence Agency under the new administration, Reuters White House Correspondent Steve Holland tweeted this morning. Trump has offered position of CIA director to US Rep Mike Pompeo and Pompeo has accepted -transition official — Steve…
Read MoreReport: Trump considering Ted Cruz for attorney general
President-elect Donald J. Trump is thinking about appointing his former primary challenger, Sen. Ted Cruz (R-Texas), to the position of U.S. attorney general, reports say. The Washington Times has the details: President-elect Donald Trump is considering former rival Sen. Ted Cruz for U.S. attorney general, according to reports. Mr. Trump met Tuesday with Mr. Cruz,…
Read MoreIRS denies tea partyers’ longtime requests for tax-exempt status
The IRS has denied tax-exempt status to two tea-party groups, including an Albuquerque, New Mexico-based tea-party group that for seven years was waiting on an answer from the tax-collection agency. The Washington Times has the story: The tax agency, under orders from a federal judge, is belatedly tackling the remaining tea party cases that it…
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