Congressional Republicans are presenting a united front in demanding that all of the Bush era income tax cuts be made permanent. In fact, they appear ready to vote against extending tax cuts for some if all tax brackets are not included. Why would no tax relief be better than tax cuts for some? How much would the rich pay in taxes if they really paid their ‘fair share’? And what will be the fate of the Bush tax cuts on capital gains, dividends and estates? We discuss it all with Texas Rep. Kevin Brady, the top House Republican on the Joint Economic Committee.
Archives for September 14, 2010
Senate Dems Protect Obamacare
The Democratic majority in the U.S. Senate rejected a Republican attempt to repeal one provision from the health care plan approved earlier this year. What will this provision require from business owners? How will it impact their bottom line? Why did the repeal effort fail? And when would this provision take effect? We ask Nebraska Sen. Mike Johanns, sponsor of the effort to repeal the language requiring much more reporting to the IRS.
Medicare Nightmare Looms
The latest report from the Center for Medicare and Medicaid Services (CMS) shows the new health care laws bending the cost curve up rather than down, and that doesn’t even include the toll that Medicare changes will have on seniors. Why will Medicare patients soon see longer waits to see doctors and even denial of care? Just how low will Medicare spending get? We ask Dr. Larry Hunter, president of the Social Security Institute. Dr. Hunter will also explain why he believes the new health system is designed to fail – to enable even more government control.