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Gov. Bob McDonnell Signs Largest Tax Hike in Virginia History into Law: http://t.co/iENksi7uQi
May 14, 2013 02:01 PM
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IRS tax return preparation invites a conflict of interest: http://t.co/oKvpIofu7Y
May 14, 2013 01:30 PM
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These destructive #Obamacare tax hikes will soon be implemented: http://t.co/opFkyf1guJ
May 14, 2013 01:01 PM
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"Saying the Marketplace Fairness Act is fair is like saying the Affordable Care Act makes health care affordable" -@MarshaBlackburn
May 14, 2013 12:30 PM
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"I can't believe #Obamacare led to higher health care costs," said no economist ever: http://t.co/J6dfnKqFYZ
May 14, 2013 12:01 PM
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#Obamacare's 10% tanning tax hits salon owners and customers, most of which are women: http://t.co/dJuaGAT9LE
May 14, 2013 11:01 AM
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Groups who advocated for the IRS to prepare tax returns sure look foolish these days: http://t.co/oKvpIofu7Y
May 13, 2013 06:30 PM
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"We don't need the federal government mandating additional taxes..." -@MarshaBlackburn on MFA: http://t.co/lAuLJtr5t3 #NoNetTax
May 13, 2013 06:00 PM
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Health insurers and businesses are already feeling the iron-clad grip of regulations in #Obamacare: http://t.co/J6dfnKqFYZ
May 13, 2013 05:30 PM
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Virginia Governor Bob McDonnell Signs Largest Tax Hike in Virginia History into Law http://t.co/Qd6KOFfaPv
May 13, 2013 03:46 PM
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PrintProtectionism Rears Its Ugly Head in Energy and Water Appropriations Bill
You’d think that after the Great Depression members of Congress would make every effort to prevent legislative disaster from repeating itself, especially during this period of economic turmoil. Instead, members blatantly ignored the failure of the Smoot-Hawley Tariff Act of 1930, a protectionist measure that reduced imports and only further crippled the devastated economy, by passing another “Buy American” provision. This time, it was snuck into the fiscal 2010 Energy and Water Appropriations bill.
Despite being warned of how U.S. protectionist legislation could spark a trade war, an amendment offered by Rep. Larry Kissell, (D-NC) was inserted into the Energy and Water Appropriations bill specifying that the General Services Administration can only purchase vehicles manufactured by Ford, General Motors or Chrysler. The bill, including the nasty one-line amendment, passed in the House on a 261-172 vote Wednesday.
This marks the third protectionist measure taken since Obama took office and signifies a break in his promise to the Group of 20 summit to not pursue protectionist policies. Both the European Union and Japan have already expressed serious disapproval of this recent action. The appropriations bill will now move onto the Senate where members will have the opportunity to strip the amendment from the bill. Let’s hope they paid more attention in history class than the members in the House.
