Obama will ask Congress before attacking Syria

President Obama has agreed to ask  Congress for authorization before he attacks Syria.  I salute that, since the Constitution requires Congress to approve going to war.  However, I predict that a coalition of liberal Democrats and conservative Republicans will vote the proposal down.  What do you think Congress should do?  What do you think Congress will do? [Read more...]

The government efficiency argument

Washington Post columnist Ezra Klein  says that “How government is run, more than what exactly it does, seems set to be the main battleground of American politics in coming years.”  He then cites articles from the New America Foundation that say the government’s approach is to build a  kludge (“a clumsy, inelegant, difficult to extend, hard to maintain yet effective and quick solution to a problem”) and to function like “a giant coupon machine.”  Explains Klein:  “Think clunky Obamacare versus streamlined single-payer health care, or government’s tendency to deliver benefits via the tax code, through deductions, credits and exclusions, rather than by direct payments.”

Do you see where this is going?  But is there a valid point here? [Read more...]

Checking and balancing the President

The Constitution’s separation of powers and checks and balances at work:  A federal appeals court has said President Obama’s practice of recess appointments to avoid congressional approval is unconstitutional.  Presidents have had the authority to appoint people to office temporarily between Congressional sessions, but Obama has construed that to include holiday breaks and other pauses in the ongoing sessions. [Read more...]

The federal program that wouldn’t die

There is a line item in the budget that costs nearly a half million dollars.  Republicans oppose it.  Democrats oppose it.  President Obama wants to kill it.  The House Republican leadership wants to kill it.  And yet, this program has gone on for twenty years and NO ONE CAN END IT. [Read more...]

Congress scrambles back up the cliff

Congress stayed up late last night and at 10:35 p.m. voted 257 to 167 to approve the Fiscal Cliff compromise.  And the good thing is that since taxes automatically went up for everyone when the day began, with the expiration of the Bush tax cuts, Congressmen could keep their no-tax-hike pledges because their action was now a tax cut; that is, for everyone except those who make over $450,000. Also, people making over $250,000 may no longer claim the personal exemptions on their tax forms, so their taxes will go up slightly, allowing President Obama to keep his campaign promise.

The bill that had already been approved by the Senate also extended the Farm Bill, backing us away from the Dairy Cliff that would have doubled milk milk prices.  The automatic spending cuts that were scheduled to go into effect when the Bush tax rates expired were postponed for two months.  Nor does it raise the debt ceiling.  Nor does it do much for the deficit.  So the battles and brinkmanship will continue.

via Congress approves ‘fiscal cliff’ measure – The Washington Post.

How much the fiscal cliff will cost you

To descend from the theoretical to the tangible, here is how much your taxes will increase once the Bush tax cuts expire on Tuesday, unless Congress cuts a deal to extend them:

Annual income of $20,000 to $30,000: $1,064 average tax increase

Annual income of $40,000 to $50,000: $1,729 average tax increase. . . .

Annual income of $50,000 to $75,000: $2,399 average tax increase

Annual income of $75,000 to $100,000: $3,688 average tax increase

Annual income of $100,000 to $200,000: $6,662 average tax increase. . . .

Annual income of $200,000 to $500,000: $14,643 average tax increase

Annual income of $500,000 to $1 million: $38,969 average tax increase

Annual income of more than $1 million: $254,637 average tax increase

via What falling off the “fiscal cliff” means for you – CBS News.

If these expire, the much-reviled George W. Bush will surge in popularity once people realize how much money he kept in their pockets.  But the popularity of the president and especially Republicans will plummet.


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