Wednesday, September 11, 2013

September 11th

Opinion:

Obama Rescues Assad talks about the plans that Obama is making for U.S. military action in Syria. President Obama also accepted Russian President Vladmir Putin's offer to take custody of the Assad's chemical weapons. That move may help having the U.S. avoid military action with the Syrian jihadists. But, the U.S. should have rejected Russia's offer to take Assad's chemical weapons, because Russia has long protected Assad at the United Nations, and fact noted scornfully by Obama's national security advisor Susan Rice. Obama considered the Russian president's offer a "significant breakthrough" which is why he accepted their offer of taking the weapons. Putin said that if they take the weapons, then the U.S. must not bring any military action to Syria. The Russians support for the U.S. seems kind of suspicious though, because Russia publicly supported the Syrian's claim of not using sarin gas. Even if the Russians are being serious, Assad will not receive any kind of punishment for actually using chemical weapons. During his Tuesday speech, Obama tried to show that he had control over all of the problems in Syria, but everyone is rethinking the risks of what will happen with the Assad regime, and how America is going to contribute.

Beltway Revenue Boom is about how the federal tax revenue is booming. In the 11 months of fiscal year, revenue has boosted up 13% or $284 billion. Individual income tax rates have risen an incredible 15.8%, mostly due to higher tax rates. But, Individual tax rates isn't the only tax rate being affected. Payroll taxes and corporate taxes are also climbing up a an incredible fast pace. While revenue is increasing, so is the deficit. It has increased from $750 billion. Federal outlays on the other hand, are decreasing, by about 3.9%, but entitlements are rising, such as Medicaid. Medicaid is rising at 6.1% this year to $244 billion. September will give us a complete picture of this federal fisc, because it is when quarterly tax payments are due, so deficit will most likely decline. But, now we want to know what president Obama is going to do about it, since he is insisting on another tax raise even though taxes have increased by $284 billion.

Stopping Obama Care Fraud talks about how the House of Representatives will be voting today to close a big hole in the Affordable Care Act. The Health and Human services Department said in July that it isn't going to verify an individual's eligibility for the insurance subsidies that the law gives out. American are supposed to get them depending on their income, and only if their employer doesn't give health benefits. But from now until 2015, the rule is that you can just have the insurance subsidy, and it's fine and doesn't matter. The Health and Human services is letting citizens self check to see if they are eligible for an insurance subsidy. The Administration hopes that the Health and Human Service will check to see if their applicants are being honest, but for now, ObamaCare can be considered a fraud. 21%-25% Income Tax Credits go to people who shouldn't be eligible for insurance subsidies. Now Democrats are either voting to go with failure, or make change.

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