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Stories by Eugene Kiely
Obama and the ‘Buffett Rule’
In their zeal to pass the “Buffett Rule,” President Obama and Vice President Biden leave the false impression that many, if not most, millionaires (people who earn $1 million or more a year) are paying a lower tax rate than the middle class. The fact is that even without the Buffett Rule “more than 99 percent of millionaires will pay” a higher tax rate than those in the very middle of the income range in fiscal year 2015,
April 13: Federal Debt, Medicare, Rick Santorum
Inflated Claims in Nebraska’s GOP Senate Primary
A Club for Growth Action TV ad in Nebraska’s Republican Senate primary exaggerates spending under state Attorney General Jon Bruning. It claims Bruning has “nearly doubled” his office’s budget. But the increase — 81 percent from 2003 to 2011 — doesn’t account for inflation or the fact that the AG’s office now pays to defend suits filed against all state agencies, rather than having individual agencies cover the cost. The budget figure also includes a 516 percent increase in federal funds,
Fall Preview: Obama vs. Romney (and Ryan)
April 6: Oil, Super PACs, Supreme Court
March 30: Manufacturing, US-Russia Boundary, Super PACs
Biden’s Manufactured Jobs Claims
Declaring “manufacturing is back,” Vice President Joe Biden gave a rosy — but not entirely accurate or complete — picture of U.S. manufacturing at a March 28 campaign stop in Iowa.
Biden overstated — by 1.1 million — the number of manufacturing jobs lost before President Obama took office. He said the U.S. lost 5.8 million manufacturing jobs “during the 2000s, before we came in.” But that figure includes 2009 — Obama’s first year in office.
Does House Budget Plan Cut Taxes or Not?
Rep. Paul Ryan says the House Republican budget plan does not cut taxes. White House senior adviser David Plouffe says not only does it cut taxes, but it “showers huge additional tax cuts on the wealthy.” Who’s right? It depends on the details of the final plan, but a nonpartisan analysis shows Ryan’s plan likely would reduce taxes for high-income taxpayers.
The does-too/does-not virtual debate between Ryan and Plouffe played out March 25 across a few of the Sunday morning talk shows.
Car + Ditch=Blame
We’ve already written about the 17-minute Obama campaign film. But did you notice how narrator Tom Hanks portrays the president as being above finger-pointing politics, claiming Obama “would not dwell in blame” for inheriting a huge economic mess? We did.
Hanks, “The Road We’ve Traveled”: Not since the days of Franklin Roosevelt had so much fallen on the shoulders of one president. And when he faced his country, who looked to him for answers, he would not dwell in blame or dreamy idealism.