WASHINGTON — House Democrats on Monday unveiled a plan to cut taxes for middle-class families that would be paid for in part by a new tax on Wall Street trading.
The proposal, laid out by Rep. Chris Van Hollen (D-Md.), the top-ranking Democrat on the House Budget Committee, represents a significant shift in economic policy and political messaging. In a speech at the Center for American Progress on Monday, Van Hollen not only sharply criticized competing Republican budget plans, but also broke with the Obama administration by pressing for a tax on financial transactions that both Treasury Secretary Jack Lew and former Treasury Secretary Timothy Geithner have rejected. (Source: Read more)
The U.S. Supreme Court on Monday declined to take up another broad challenge to President Barack Obama’s signature healthcare law.
The court rejected an appeal filed by the Association of American Physicians and Surgeons and the Alliance for Natural Health USA. The groups had challenged various aspects of the law known as Obamacare including the so-called individual mandate that requires people to obtain health insurance or pay a tax.
In March 2014, the U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of the Obama administration. In 2012, a district court judge also ruled against the challengers.
The 2010 healthcare law has been subjected to numerous legal challenges, including a key 2012 case in which the Supreme Court upheld the bulk of the law on a 5-4 vote. (Source: Read more)
Attorney General Eric Holder insisted to MSNBC earlier this month that “we are in a better place than we were before” in race relations since Barack Obama was elected president.
The president doubled down in an interview with NPR last week. Asked if race relations were worse since he took office, he said, “No, I actually think that it’s probably in its day-to-day interactions less racially divided.”
But that’s not what the American people see. A Pew Research Center poll found that only 40% of Americans approve of the way Obama is handling race relations. Black approval is down to 57%, while approval among whites is down to 33%. (Source: Read more)
Don’t look now, but President Barack Obama has been inching up in the polls, tying Reagan for this juncture in his presidency. Several polls have him inching up to nearly 50 percent approval rating after a rough 2014. Is it just a bit of holiday cheer, or is the trend real? And how does Obama compare to Reagan and other presidents in their sixth Christmas?
Boston’s National Public Radio affiliate (WBUR) reported that Obama’s approval rating is up to 48 percent. And they cited Rasmussen Reports, a polling firm often accused of leaning conservative in its surveys. WBUR speculated that the trend was driven by a positive view of the economy (51 percent concur in a CNN/ORC poll) and the stock market breaking the 18,000 point barrier. (Source: Read more)
The Political Agitator response: I totally agree, “More important, however, polls – or even elections – are not the measure of a president. High office shouldn’t be about putting points on the electoral scoreboard, it should be about changing the country for the better. Has Obama done that? Do his achievements look likely to endure? The answer to both questions is yes.”
President Obama graces the cover of the latest issue of Rolling Stone.
In the mag, Nobel Prize- winning economist Paul Krugman wrote an amazing piece in defense of President Obama’s presidency.
Mainstream media is often quick to point out President Obama’s perceived failures during his tenure, so it’s refreshing to see a publication highlight his many accomplishments — especially because President Obama’s approval rating is currently the lowest it’s ever been (according to CNBC).
Krugman declares President Obama as one of the “one of the most consequential and, yes, successful presidents in American history” and acknowledges the harsh and often unfair criticism he endures. (Source: Read more)
Today as I celebrate my birthday and the Christmas Holiday, I can not be truly happy when folks around me are not happy. However I know that it is very little that I can do about other folks happiness especially when I go through my trials and tribulations but keep a smile on my face because I dare to allow anything to steal my joy!
But on this day I wish my President and his family a Merry Christmas and a Happy New Year because they have been treated so bad by Ignant Racist White Folks and Ignant Safe Negroes since dating back to the day he won the election not the day he moved into the White House.
It is so sad that when a black man or woman do some good things and ungrateful Negroes are ignant to the facts. However I want to thank my friend Lionel Kato who posted on Facebook the following as it relates to our President, “History will be much kinder to him than the present. The “fog of war” won’t allow many to see all that has been done these past 6 years” Lionel Kato.
I challenge everyone to be kind to our President and his family as he continues to do the best that he can for the next 2 years. You don’t have to always agree with him but damn respect the man and his family.
You will be enlightened. Senator Coburn knows the man so see if you agree with him.
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