This is actually getting alot of attention from congress and throughout the military services. I hear alot about it here in Washington DC. We wiill see the outcome it produces. Maj Pain The orders came while Navy Lt. Adam Diaz was winding down a one-year stint in Baghdad: Report to the Navy Annex in Arlington for a new assignment in April. — Given the military lifestyle, the prospect of a move came as no surprise to Diaz, 31, who has spent his adult life in the Navy. The shock came when he
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When it comes to one of the central tax proposals in President Obama’s budget, he may have more to worry about from his fellow Democrats in Congress than from the Republicans. In a move that reprises several pitched Washington battles, Obama is proposing to limit the federal tax deduction for state and local taxes. He would cap most itemized deductions at 28%, effectively hiking federal taxes further on families making more than roughly $250,000. Taxpayers in higher brackets, whose federal i
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WSJ: A “Radical” Presidency When Barack Obama delivered his 44-minute acceptance speech in August among the majestic columns of Denver, it was apparent his would be an expansive presidency. Some wondered whether his solutions for a very long list of problems was too ambitious. On Tuesday, before Congress, he made clear across 52 minutes that the economic downturn would not deflect him from his Denver vision. Instead, the economic crisis, as it did for Franklin D. Roosevelt, will serve as a
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FEBRUARY 26, 2009 1. When Obama Speaks, the Market Tanks Wall Street investors send White House a message 2. Really?? Last night President Obama said, “I asked this Congress to send me a recovery plan…Not because I believe in bigger government – I don’t.” Really? 3. Obama budget creates $634 billion health care fund According to the Post, Obama’s health care overhaul will cost as much as $1 trillion over the next decade. 4. Leahy Sets Hearing on ‘Truth Commission’ So Much for Bipartisans
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The House is expected to back legislation enabling bankruptcy judges to reduce loan balances. Lenders object, but economists say reducing mortgage debt is a key to an economic recovery. Congress is poised to give bankruptcy judges more power to modify primary home mortgages in an attempt to halt the foreclosure crisis, a move Democrats and housing advocates have been pushing for two years in …
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