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The Unaffordable Care Act

Posted by The Editors On March - 15 - 2012 ADD COMMENTS

President Obama’s health plan should be rechristened “The Unaffordable Care Act.” Precisely as Obamacare’s critics predicted, the officially titled Patient Protection and Affordable Care Act is no bargain for taxpayers or patien… read more
  

Poetic Justice & Obama’s $2 Trillion Health Law

Posted by Phil Klein, DC Examiner On March - 15 - 2012 ADD COMMENTS

Phil Klein, DC ExaminerWhen President Obama pitched his national health care legislation to a joint session of Congress in Sept. 2009, he declared that, "the plan I'm proposing will cost around $900 billion over 10 years." This week, a … read more
  

Ontario to release provincial budget March 27

Posted by Politics News Headlines - Yahoo! News On March - 15 - 2012 ADD COMMENTS

TORONTO (Reuters) – Ontario’s minority Liberal government has set March 27 as the date for the Canadian province’s next budget, which is expected to outline tough austerity measures designed to rein in a C$16 billion ($16.1 billion) deficit. Finance Mi… read more
  

Greek jobless rate hits new record in Q4

Posted by Politics News Headlines - Yahoo! News On March - 15 - 2012 ADD COMMENTS

ATHENS (Reuters) – Greece’s jobless rate rose to a fresh quarterly record of 20.7 percent in the last three months of 2011, reflecting the country’s deep economic malaise, exacerbated by austerity to repair public finances and emerge from a debt crisis… read more
  

Savings, investment rate to further slow down: Basu

Posted by Politics News Headlines - Yahoo! News On March - 15 - 2012 ADD COMMENTS

REUTERS – Savings and investment rates in India could further slow down for another year, the country’s chief economic adviser Kaushik Basu said on Thursday. Speaking at a media briefing on the Finance Ministry’s economic report, Basu also said that th… read more
  

Economic Survey: Govt calls for fiscal consolidation

Posted by Politics News Headlines - Yahoo! News On March - 15 - 2012 ADD COMMENTS

NEW DELHI (Reuters) – The government needs to boost tax revenues and cut expenditure to rein in a burgeoning fiscal deficit and help cool inflation pressures and bolster longer term growth, the government said in a survey on Thursday, a day before the … read more
  

Who Is Angus King?

Posted by Brian Bolduc On March - 15 - 2012 ADD COMMENTS

Angus King is a “mystery to those outside Maine,” the Hill reported recently. In the Pine Tree State, however, he’s the Ghost of Good Times Past: He served as governor from 1995 to 2003, a period in which the economy was booming and t… read more
  

Democrats ride Romney’s Planned Parenthood remark

Posted by Politics News Headlines - Yahoo! News On March - 15 - 2012 ADD COMMENTS

A coordinated attack by Democrats on Mitt Romney’s plan to “get rid of” Planned Parenthood to help balance the federal budget is part of a larger campaign to ensure that Romney and other Republicans lose credibility with female voters. read more
  

Chris Weigant: The No Budget, No Pay Act

Posted by Chris Weigant On March - 14 - 2012 ADD COMMENTS

Both Houses of Congress are currently considering a bill which, in my humble estimation, would be wildly popular with the public — if they knew about it, that is. read more
  

UNESCO Goes to Washington

Posted by Claudia Rosett On March - 14 - 2012 ADD COMMENTS

When the member states of the United Nations Educational, Scientific, and Cultural Organization voted last October to confer membership on the Palestinian Authority, they knew their decision would trigger the withdrawal of U.S. funding, which in dues a… read more
  

Snap regional election may ruffle Merkel coalition

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

DUESSELDORF, Germany (Reuters) – Germany’s most populous state, North Rhine-Westphalia (NRW), faces a snap election that could send shockwaves to Berlin and weaken Chancellor Angela Merkel’s coalition partner after the local government failed to get it… read more
  

Lawmakers debate pay cutoff for budget gridlock

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 1 COMMENT

It might be dismissed as an election year gimmick by the big shots who run Capitol Hill, but frustration over Congress’ failure to pass a budget since 2009 has given surprising momentum to a bill that would cut off lawmakers’ pay if they can’t — or w… read more
  

House Republican leaders set to break budget deal

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

WASHINGTON (Reuters) – Republican leaders in the House of Representatives are ready to break a hard-fought budget deal with Democrats as they try to quell a revolt by conservatives who are insisting on deeper spending cuts ahead of the November electio… read more
  

India’s businesses fear more taxes in Budget 2012

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

NEW DELHI (Reuters) – India’s businesses, already facing high interest rates and a global economic slowdown, worry that the finance ministry will ask them to shoulder a bigger tax burden in the budget set for release on Friday to trim the fiscal defici… read more
  

Malaysia PM to review MAS-AirAsia deal-MAS union official

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

KUALA LUMPUR, March 14 (Reuters) – Prime MinisterNajib Razak has promised to review a share-swap deal betweenMalaysian Airline System (MAS) and AirAsia,a MAS employees union official said on Wednesday, signalling atie-up may be scrapped after MAS poste… read more
  

Rail Budget: Passenger fares to be raised in 2012/13

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

NEW DELHI (Reuters) – The state-owned railway will raise passenger fares for fiscal year 2012/13, the railway minister said on Wednesday, the first increase in a decade. Unveiling the ministry’s budget to parliament for one of the world’s largest rail … read more
  

Railway sees $17.9 bln from freight in 2012/13

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

REUTERS – India’s railway plans to earn 893.4 billion rupees from its freight operations for the 2012/13 fiscal year, Railway Minister Dinesh Trivedi said on Wednesday. Speaking as he unveiled the ministry’s budget to parliament, he also said that gros… read more
  

Rail Budget 2012: About 100,000 staff to be hired in FY13

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

NEW DELHI (Reuters) – India’s railway plans to recruit about 100,000 people in the 2012/13 fiscal year, compared with more than 80,000 hired in 2011/13, Railway Minister Dinesh Trivedi said on Wednesday. Unveiling the ministry’s budget to parliament, h… read more
  

Rail Budget 2012: Plan to borrow $10 bln in FY13

Posted by Politics News Headlines - Yahoo! News On March - 14 - 2012 ADD COMMENTS

NEW DELHI (Reuters) – India’s railway ministry plans to borrow 500 billion rupees from the market through the Indian Railway Finance Corporation (IRFC) in the 2012/13 fiscal year, Railway Minister Dinesh Trivedi said on Wednesday. Speaking as he unveil… read more
  

Texas vs. California

Posted by Chuck DeVore On March - 14 - 2012 ADD COMMENTS

One in five Americans calls California or Texas home. The two most populous states have a lot in common: a long coast, a sunny climate, a diverse population, plenty of oil in the ground, and Mexico to the south. Where they diverge is in their governanc… read more
  

CBO cuts cost estimate for Obama healthcare law

Posted by Politics News Headlines - Yahoo! News On March - 13 - 2012 ADD COMMENTS

WASHINGTON (Reuters) – The estimated net costs of expanding healthcare coverage under President Barack Obama’s landmark restructuring have been reduced by $48 billion through 2021, though fewer people would be covered under private insurance plans, a n… read more
  

Payroll tax extension adds to deficit, analysis finds

Posted by Politics News Headlines - Yahoo! News On March - 13 - 2012 ADD COMMENTS

WASHINGTON (Reuters) – This year’s budget deficit will swell by an additional $92 billion from estimates made in January after Congress later extended a payroll tax cut without reducing spending elsewhere, the nonpartisan Congressional Budget Office sa… read more
  

CBO: Deficit estimate for 2012 hiked to $1.2T

Posted by Politics News Headlines - Yahoo! News On March - 13 - 2012 ADD COMMENTS

A new estimate from congressional economists says the government will run a $1.2 trillion deficit for the budget year ending just a few weeks before Election Day. It would be the fourth straight year of trillion dollar-plus deficits. read more
  

Judges warn budget cuts could halt some trials

Posted by Politics News Headlines - Yahoo! News On March - 13 - 2012 ADD COMMENTS

WASHINGTON (Reuters) – Some federal civil trials may have to be suspended because of steep budget cuts that Congress has scheduled to take effect in January, the federal judiciary’s policy-making body said on Tuesday. The 27-member group, which is made… read more
  
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