Daily News Channel
As part of the $3.5 trillion budget he proposed on Thursday, President Barack Obama is pushing for a down payment on universal health care, a reserve fund of $634 billion over 10 years paid for by higher taxes on the wealthiest Americans and savings from government programs like Medicare and Medicaid.
Tapped by the Republican party to deliver the GOP’s response to President Barack Obama’s congressional address Tuesday night, Louisiana Gov. Bobby Jindal took on the massive stimulus package and big government — and pledged that his party would regain the nation’s trust.
Thanks to the California state budget that was approved early Thursday morning, my husband and I — relatively new citizens of the Golden State — will help bridge the extraordinary $42 billion deficit next year by paying approximately $1,000 in additional taxes, fees and loss of dependent tax credits. And this figure will remain at that level only if we make no purchases for 12 months in an effort to avoid the new 1-cent-on-the-dollar increase in sales tax. It is, of course, a better option than getting laid off, not receiving our 2008 tax refund or being unable to drive through an abandoned highway repair project — the brutal realities of a state in freefall with no balanced budget
Does the economy get worse from here or do the government programs recently signed into law increase confidence and start to put capital to work to create jobs and build businesses?
Thousands of Liberians living in the United States face deportation March 31 when a federal immigration status created for humanitarian purposes expires. In the 1990s, a bloody civil war raged through the West African nation, killing 250,000 people and displacing more than a million, according to a U.N. report.