Steny Hoyer: The Fact is You Don’t Need a Budget

On February 8, 2012, in Uncategorized, by TammyWatts

**Written by Doug Powers I’ll give him this much: with or without a budget, they manage to find ways to spend almost equally irresponsibly, so maybe he’s onto something : At a briefing with journalists on Capitol Hill on Tuesday, Hoyer was asked, “Mr. Hoyer, around the same time of the State of the Union [on Jan. 24], I think it was the same day, Republicans were trying to hit Senate Democrats for 1,000 days without passing a budget, and then you talk about this milestone today, 400 days without a jobs bill in the Republican House. But then on Friday [Democratic Senator Harry] Reid said that he didn’t think they needed to bring a budget to the floor this year [and that] the Budget Control Act can serve as a guideline.” Hoyer said: “What does the budget do? The budget does one thing and really only one thing: It sets the parameters of spending and discretionary caps. Other than that, the Appropriations committee are not bound by the Budget committee’s priorities.” He continued: “The fact is, you don’t need a budget . We can adopt appropriations bills. We can adopt authorization policies without a budget. We already have an agreed-upon cap on spending.” They don’t need a budget, and it shows: **Written by Doug Powers Twitter @ThePowersThatBe

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Steny Hoyer: The Fact is You Don’t Need a Budget

Total Recall

On February 3, 2012, in barack obama, Health Care, Uncategorized, by ggallin

Wisconsin, the birthplace of the American socialist movement and the first state to allow public employees to unionize, has a blunt conservative governor named Scott Walker who has become a familiar face in the national spotlight. Walker, who signed Republican-backed legislation last year to eliminate most public sector unions’ abilities to collectively bargain while requiring employees to start contributing to their pensions (5.8% of their salaries, on average) and double their health care premium (12.4% of their salaries), has balanced a budget that started with a $3.6 billion deficit. So far, the modest changes in state law are working. For example, Walker’s reforms allow schools to take private bids on health care insurance, saving schools hundreds of dollars per pupil. In addition, school districts have been able to implement performance-based payment systems, which has saved hundreds of teachers from being laid off. For his efforts, Walker now faces a recall effort. Supporters recently filed more than 1 million signatures (twice as many as required). Walker will now be forced to defend himself in a special election. According to Democratic and Republican Party officials, the spending on the recall by both sides is expected to total $100 million. That does not include $9 million in processing and software costs to taxpayers, according to estimates from the Wisconsin Government Accountability Board, the agency tasked with verifying petitions. This week, the MacIver Institute informs TAS , the agency failed to fulfill its promise to post the signed petitions online for inspection, which will only encourage additional expensive legal battles. Thanks to Wisconsin law that allows political committees to raise unlimited funds for recall campaigns, Walker last month added an impressive $5.1 million added to a $12 war chest built up since January of last year. A notable $500,000 donor is Texas homebuilder Bob Perry, a conservative activist and major funder of 527s, such as American Crossroads and the Club for Growth. Recalls in Wisconsin have been permitted since 1926, but only four were held until last year. In an August special election, Democrats and outside union groups spent $44 million trying to recall six state senators. They succeeded only in removing two of them, and thus failed to win back a majority in the state senate. Now, with labor unions making it a high priority to spend heavily in Wisconsin, Democratic consultants are concerned about using so many resources just months before the 2012 general election. Gov. Walker, seeing the political challenges ahead, is proposing a major income tax cut, but he has backed off supporting right-to-work legislation of the sort that has just passed in Indiana. His approval number is at 51% (higher than President Obama’s 47% in Wisconsin), and Democrats are yet to find a strong, well-known candidate to challenge him. Former Senator Russ Feingold was the most popular name floated as a potential opponent, but he is not interested. Dane County Executive Kathleen Falk announced her candidacy in mid-January, but has a record of defeat and extreme-left views. Likely candidates Milwaukee Mayor Tom Barrett and former Rep. David Obey, according to a recent Marquette Law School poll, trail Walker 50-44 and 49-43 percent, respectively. And State Senator Tim Cullen, a candidate who’s won the backing of the increasingly RINO-ish Republican Senate candidate, former Governor Tommy Thompson, also trails 50-40. Walker faces an additional problem: a widening corruption investigation stemming from his tenure as Milwaukee County executive, which has led to the arrest of some of his former top aides. Although Walker himself is not under suspicion, former deputy chief of staff Tim Russell faces embezzlement charges involving more than $21,000 from a nonprofit Walker asked him to run. During the investigation, Russell’s domestic partner Brian Pierick, who has donated $250 to Walker, was charged with a felony child enticement after seized phones and computers showed him trying to lure young children into his van. In addition, prosecutors have charged former aid Kevin Kavanaugh with stealing $43,232 in donations while serving as treasurer of the local Military Order of the Purple Heart. Democrats will certainly make political hay as more details emerge from the investigation that is being led Milwaukee County district attorney John Chistholm, a Democrat. It remains to be seen how badly the corruption investigation will hurt Walker’s chances. But it is clear that the outcome of recall election will set the tone for the rest of the country as states continue to wrestle with the interests of unions and serious fiscal crises.

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Total Recall

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A flack for Media Matters for America, the Soros-backed one-trick GOP-bashing pony, sent an e-mail peddling the group’s latest anti-Keystone XL “study” to the Senate Democrats’ communications director at the Senate Environment and Public Works Committee, Mary Kerr. For some reason, Senate Republican EPW communications director Matt Dempsey with GOP Sen. James Inhofe’s office also ended up cc’ed on the e-mail. Ooops. Their mistake is our gained insight (or rather, confirmation of what we already assumed). Read on: From: Emilee Pierce [mailto:epierce@mediamatters.org] Sent: Wednesday, January 25, 2012 09:11 PM To: Kerr, Mary (EPW); Dempsey, Matt (EPW) Subject: Heads up – MMFA study on media coverage of KXL out tomorrow Mary and Matt, I wanted to flag that MMFA will be putting out a major, quantitative report on media coverage of KXL tomorrow morning. The study will be similar to our EPA counting study (http://mediamatters.org/research/201106070010) — and will drill home the point the media bought right into Big Oil’s desired frame on KXL, focusing largely on the (inflated) number of jobs that could be created, without paying due attention to the many other important issues at stake. (Ranchers’ land, spills, climate change, etc.) We are hoping for a big media splash, but – more importantly – we’re hoping that allies will be able to leverage it to gain favorable coverage. I’ve pasted a very brief summary below – and will be sure to send along the final study as soon as it’s up. If you have any questions, please let me know. All the best, Emilee STUDY: The Press And The Pipeline A Media Matters analysis shows that as a whole, news coverage of the Keystone XL pipeline between August 1 and December 31 favored pipeline proponents. Although the project would create few long-term employment opportunities, the pipeline was primarily portrayed as a jobs issue. Pro-pipeline voices were quoted more frequently than those opposed, and dubious industry estimates of job creation were uncritically repeated 5 times more often than they were questioned. Meanwhile, concerns about the State Department’s review process and potential environmental consequences were often overlooked, particularly by television outlets. – ————————————– Emilee Pierce External Affairs Director for Climate and Environment Media Matters for America Matt Dempsey e-mails: “It’s not often that Senator Inhofe’s office receives emails of a heads up to promote the Media Matters agenda! So I will do my part and share with you tonight to help them get the ‘favorable coverage’ they want from their ‘allies’ on Capitol Hill.” We know at least one Democrat recycling the Media Matters talking points: Chicago Democratic Rep. Jan Schakowsky (Ill.), who tried arguing today that 20,000 jobs “is not that many.” Chicago Democratic Rep. Jan Schakowsky (Ill.) drew fire from Sen. Dan Coats (R-Ind.) on Wednesday when she dismissed the proposed Keystone XL oil pipeline, suggesting the 20,000 jobs it could create were relatively insignificant in the scheme of the greater economy. “Twenty thousand jobs is really not that many jobs, and investing in green technologies will produce that and more,” she said on Chicago’s WLS Radio Don Wade and Roma Show on Wednesday morning. “But I’ll tell you what, you know it seems to me that the Republicans would rather have an issue than a pipeline.” Coats, a vocal proponent of the project, which would transport oil from Alberta, Canada, to America’s Gulf Coast, swiftly responded in a separate interview on the same show later on Wednesday morning, suggesting Schakowsky has spoken insensitively. “Tell that to the 20,000 people that woke up this morning and didn’t have a job to go to,” said Coats. “ ‘Well, these don’t really matter’ — I mean, this not only is jobs, this is less dependence on Middle East oil.” “And here we have, you know, the president talking about becoming energy independent, but he turns down the easiest way to do that,” the freshman senator continued.

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E-mail of the day: Media Matters coordinates with Capitol Hill “allies” on Keystone XL; Plus: 20,000 jobs “is not that many”

Photoshop: Reader Jimmy D. Yesterday, the SEIU and left-wing USA Action launched Spanish-language radio attacks on Mitt Romney for his support of immigration enforcement measures. One of Romney’s advisers is Kris Kobach — a constitutional law professor, Kansas Secretary of State, and staunch leader in the fight against illegal alien amnesty and ACORN-style voter fraud. Eliseo Medina, the secretary-treasurer of Service Employees International Union, blasted Romney on Monday during a conference call announcing a Spanish-language radio ad the union is launching in partnership with Priorities USA Action, a super-PAC supporting President Obama. Medina, the No. 2 official at the influential union, was reacting to an answer Romney gave at a debate Monday night where he said “self-deportation” was the answer to ridding the country of illegal immigrants. “It’s basically to say, ‘Make their life miserable’” by refusing to rent to them or to provide access to heat and water,” Medina said. “Make it difficult for their kids and their schools.” Asked by The Hill how Romney’s comments could be construed to imply that illegal immigrants should be denied basic necessities, Medina pointed to Romney’s close relationship with Kansas Secretary of State Kris Kobach, who has endorsed Romney. Kobach has been credit with writing most of Alabama’s harsh anti-illegal immigration law, which has been challenged in the courts. “Mr. Romney has said he wants to support and he joins in supporting Kris Kobach,” Medina said. “When he says he supports those kinds of policies, he has to own all of it.” “This is a dishonest smear from President Obama’s liberal allies and a desperate attempt to distract from his abysmal record,” said Romney adviser Albert Martinez. “It will do nothing to help the millions of Hispanics who have been hit especially hard as a result of the Obama economy.” Martinez said Hispanics, like all Floridians, believe Romney is the best person to rebuild the economy and to replace Obama. Well, look now, who’s mimicking the open-borders SEIU and blurring the lines between illegal and legal immigration. Yep. Newt Gingrich: Sen. Marco Rubio scolded Newt Gingrich’s presidential campaign over a Spanish-language radio ad that accuses rival Mitt Romney of being “anti-immigrant” “This kind of language is more than just unfortunate. It’s inaccurate, inflammatory, and doesn’t belong in this campaign,” Rubio told The Miami Herald when asked about the ad. “The truth is that neither of these two men is anti-immigrant,” Rubio said. “Both are pro-legal immigration and both have positive messages that play well in the Hispanic community.” Rubio’s sharp rebuke comes a day after he subtly corrected Gingrich for comparing Romney to former Florida Gov. Charlie Crist, branded by conservatives as a turncoat who left the party before Rubio beat him in 2010. The criticisms from someone of Rubio’s stature in the Republican Party comes as polls show a near-even race, albeit with Gingrich surging. Rubio plans to stay neutral in the race. He’s a potential running mate whom both candidates would love to have on the ballot. The truth is that neither Gingrich nor Romney has a strong, consistent overall record on border security and enforcement. But at least Romney’s been traveling in the right direction…while Gingrich once again echoes left-wing language and plays the race card to get ahead. Nose plugs. Get out yer nose plugs. *** Newt and his supporters have been deriding the notion of self-deportation as some sort of alien, offensive concept. Long-time readers of this blog and of my investigative work on immigration have been familiar with it for years. It’s attrition through enforcement , it’s humane , and it works . *** Can you be more two-faced? Newt has been winning massive adoration and applause for claiming he’ll stand up for states like South Carolina and Alabama , which have been sued by the Obama DOJ over tough immigration laws. Then he joins the likes of the SEIU and slams the very “anti-immigrant” policies authored by Kris Kobach that the Obama DOJ wants to overturn. Emetic of the day. *** Update: Newt retreats. From GOP Hispanic leaders calling him out, via the Miami Herald: While we may have differences of opinion with regard to some of Governor Romney’s policies on immigration, we nonetheless stand firmly behind him because we know he is the most qualified conservative candidate to defeat President Obama and to lift up all Americans, including Hispanics. Like your attacks on the free market, attacking Mitt Romney as “anti-immigrant” only serves President Obama and his liberal allies. Mr. Speaker, our party deserves better. Sincerely, Secretary Carlos Gutierrez Senator Mel Martinez Raquel A. Rodriguez Zoraida Fonalledas Jorge Arrizurieta R. Alexander Acosta Remedios Diaz Oliver Rudy Fernandez Jeanette Prenger Jerry Natividad Sal Gomez Allen Gutierrez Hector Barreto Jose Fuentes Bertica Cabrera Morris Rafael Elias-Linero

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Gingrich channels open-borders SEIU; Rubio rebukes; Update:Newt retreats

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Warren Buffett Goes Weasel On Paying Higher Taxes

On January 13, 2012, in Uncategorized, by JuanGetalty

Buffett finally comes out and says he is willing to voluntarily pay higher taxes, but, there is a catch (Time) Warren Buffett is ready to call Republicans’ tax bluff. Last fall, Senator Mitch McConnell said that if Buffett were feeling “guilty” about paying too little in taxes, he should “send in a check.” The

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Warren Buffett Goes Weasel On Paying Higher Taxes

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A new book says there was tension between first lady Michelle Obama and former White House Chief of Staff Rahm Emanuel and former White House press secretary Robert Gibbs, and that she considered putting off moving the rest of her family to Washington when her husband began his term. (AP)

WASHINGTON (The Blaze/AP) — First lady Michelle Obama is a behind-the-scenes force in the White House whose opinions on policy and politics drew her into conflict with presidential advisers and who bristled at some of the demands and constraints of life as the president’s wife, according to a detailed account of the first couple’s relationship. New York Times reporter Jodi Kantor, in a book to be published Tuesday, portrays a White House where tensions developed between Mrs. Obama and former White House Chief of Staff Rahm Emanuel and former press secretary and presidential adviser Robert Gibbs. The Associated Press obtained a copy of the book, “The Obamas,” Friday evening and The Times posted a 3,300-word adaption on its website that appeared to capture its most revealing accounts. The book is based on interviews with 30 current and former aides, though President Barack Obama and the first lady declined to be interviewed for the book. The book portrays Mrs. Obama as having gone through an evolution from struggle to fulfillment in her role at the White House but all the while an “unrecognized force” in pursuing the president’s goals. She is seen publicly as the friendly and popular face of the softer side of the White House, the one reading to school kids or promoting exercise as a means to reduce child obesity. But according to Kantor, the first lady initially wanted to stay in Chicago instead of moving into the White House when her husband began his term: As Michelle Obama realized over the summer and fall of 2008 that she was likely to become first lady, she asked a question that probably would have surprised outsiders: could she and her children delay moving to the White House? Perhaps it was better, she told aides and friends, to remain in Chicago until the end of the school year, giving her children more time to adjust, rather than coming right at the inauguration. Her notion, though short-lived, was telling: she didn’t understand or care what sort of message it would send to a public enthralled by the new first family, and she had trepidations about life in the spotlight, let alone the prospect of residing in a monument-museum-office-military compound-terrorist target-home. She ultimately decided to go to Washington immediately, not because of the obligations of office, but because of “wanting her family to be together,” Ms. Jarrett said. Once she arrived at the White House, according to Kantor, there was concern about how the White House appeared to the rest of the country in the throes of economic turmoil: Mrs. Obama often found herself caught in an internal debate about how the Obamas should look and live, travel and entertain. As the first African-American first lady, she wanted everything to be flawless and sophisticated; she felt “everyone was waiting for a black woman to make a mistake,” a former aide said. But her husband’s advisers — in particular, Mr. Gibbs — were worried that the White House might appear oblivious to public anger about joblessness, banker bailouts and bonuses. The result was constant, anxious give-and-take between the East and West Wings about vacations, décor, entertainment, even matters as small as whether to announce the hiring of a new florist. “We all have watched what happens when people get caricatured,” Mr. Gibbs said in an interview, explaining why he policed such personal matters. With a mistake like John Edwards’s $400 haircut in 2007, “there’s no way to correct that.” Other aides said there was a reason Mr. Gibbs became the main enforcer of the rules of political life: because Mr. Obama, all too aware that his wife never wanted that life, would not. According to Kantor, early in 2010 as the president’s health care agenda seemed in danger of collapsing, Mrs. Obama let it be known she was annoyed by how the White House was handling the strategy. After media reports indicated Emanuel was unhappy pursuing the health care overhaul, Emanuel offered to resign, Kantor wrote. The president declined the offer. By that spring, however, Kantor writes that Mrs. Obama “made it clear that she thought her husband needed a new team, according to her aides.” Among the book’s most provocative anecdotes, Kantor recounts a scene in which Gibbs, frustrated after tamping down a potential public relations crisis involving the first lady, exploded when presidential adviser Valerie Jarrett told him the first lady had concerns about the White House response to the flap. The initial commotion had been over an alleged remark by Michelle Obama to French first lady Carla Bruni-Sarkozy that living in the White House was “hell.” Gibbs cursed the first lady, who was absent. Kantor writes that Gibbs later said his anger was misplaced and that he blamed Jarrett for creating the confrontation. Kantor writes that Jarrett appeared to have been too quick with her criticism of Gibbs and that two aides to the first lady later said Jarrett had misspoken. The White House had a cold reaction to the book, calling it an “over-dramatization of old news” and emphasizing that the first couple did not speak to the author, who last interviewed them for a magazine piece in 2009. “The emotions, thoughts and private moments described in the book, though often seemingly ascribed to the president and first lady, reflect little more than the author’s own thoughts,” White House spokesman Eric Schultz said. “These secondhand accounts are staples of every administration in modern political history and often exaggerated.” The book, in an array of reconstructed anecdotes, depicts a first couple often wishing they could escape the confining White House life more freely; a president who at times gets deeply frustrated by how the press covers him; and a former chief of staff, Emanuel, who let loose with profane outbursts on staff members. All of those themes have been presented in some form in other publications. One incident recalled that Jarrett used a phone aboard Air Force One to call a New York Times reporter. The reporter was pursuing a story about how Obama’s West Wing was essentially a big boys’ club, and Jarrett was calling to argue that the premise of a male-dominated operation was overblown. The book says even though Jarrett was the one making the call, it was Obama himself who was managing the response to the Times’ story even before it came out by “personally dictating talking points to the aides who would speak to the reporter.” In another, the book describes how Obama, after winning a U.S. Senate seat and writing a best-selling book, “The Audacity of Hope,” sought self-protection and privacy as he came to terms with his new fame. Some staffers came up with a word to describe times when the senator couldn’t connect with people: “Barackward,” a combination of “Barack” and “awkward.” But despite the White House pushback to the book, Kantor also includes many positive portrayals of both Obamas as committed parents and a down to earth power couple who have not lost their perspective. Other revelations in the book: – During the struggle to pass health care reform, Obama was committed to tackling the massive problem of rising health care costs despite the political costs. “Michelle and I are perfectly comfortable if we’re only here one term if we feel like we really accomplished something,” the book quotes the president as telling aides. – The first lady grew angry when Emanuel promised she would appear at a Florida congressman’s event in exchange for a health care vote without consulting her. She attended the event, but to signal her disapproval refused to commit to campaigning during the 2010 midterm elections, holding out for nearly a year. – Despite her reticence in 2010 to campaign during the midterms, the book says Mrs. Obama now has no qualms about 2012. “Michelle had been playing it safe, storing up political capital, and now she wanted to spend it all on her husband’s re-election campaign.”

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Book: Michelle Obama Clashed With President’s Aides, Wanted to Stay in Chicago

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The Sultriest Members of Congress

On January 7, 2012, in Uncategorized, by TwilaManozca764

The Atlantic has a report . How Georgia Republican Senator Saxby Chambliss made the cut is beyond me, and the authors wanted North Dakota’s freshman GOP Representative Kristi Noem (below), not South Dakota’s Democrat Representative Stephanie Herseth Sandlin. Of course, my favorite Member of Congress is Representative Cathy McMorris Rodgers .

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The Sultriest Members of Congress

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Let’s not forget, part-time Senator Barack Obama said of recess appointments “‘It’s the wrong thing to do” and a recess appointee is ‘damaged goods… we will have less credibility.’ Except, Congress isn’t actually in recess (The Hill) Obama infuriated Republicans Wednesday by announcing the recess appointment of Richard Cordray to be the first director of

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Obama Breaks With Constitution, Appoints Cordray, 3 To NLRB

Focus on Electability as Caucuses Near

On January 1, 2012, in barack obama, Uncategorized, by WanderseeFontan338

At New York Times , ” In Final Days in Iowa, Focus on Who Can Defeat Obama “: DES MOINES — Rick Santorum and Ron Paul defended themselves on Sunday against claims that they could not win in November as a new poll suggested that they were now the primary threat to Mitt Romney for the Republican presidential nomination, with two days left before the Iowa caucuses. Appearing on several Sunday news programs, Mr. Paul waved aside the findings of a poll by The Des Moines Register that suggested nearly a third of Iowa voters believed he would be the least able of the candidates to defeat President Obama. “Maybe it’s not true,” Mr. Paul, a congressman from Texas, said on CNN’s “State of the Union” program. “I’ve been pretty electable. I was elected 12 times once people got to know me in my own Congressional district. So I think that might be more propaganda than anything else.” On the CBS News program “Face the Nation,” Mr. Paul’s son, Senator Rand Paul of Kentucky, criticized Mr. Santorum as a “big-government type of moderate” who will not fare well as people learn more about his record. “A lot of people don’t know that because he hasn’t surged to the top yet, so he hasn’t had much scrutiny,” Senator Paul said. “When he has the scrutiny, I think he’s going to have some of the same problems that some of the other fair-weather conservatives have had.” Mr. Santorum, whose support tripled in the latest Register poll, predicted that his campaign would emerge from Iowa with “a big jump” because voters wanted someone who could defeat the president in the fall. “The people of Iowa, the more they look, the more they are going to see the person who is exactly the right person,” Mr. Santorum said on the NBC News program “Meet the Press.” He said that if he could finish higher in caucuses than Representative Michele Bachmann of Minnesota and Gov. Rick Perry of Texas, “we’d be in good shape, and we’re moving towards that right now.”

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Focus on Electability as Caucuses Near

“Tax policy should be serious business carried out by serious politicians using real facts and figures. This is why we have the Library of Congress and the Congressional Budget Office, among other expert institutions,” writes Paul Roderick Gregory of  Forbes . Indeed, given the current state of the U.S. economy, tax policy has become an increasingly important subject. And yet, some top-ranking politicians have been making “patently inaccurate, outrageous and bizarre” claims on tax-policy issues and they are doing it without repercussion. For instance, on Dec.12 , while proposing his 1.9 percent surtax on millionaires, Sen. Harry Reid said the following (via Forbes ): Millionaire job creators are like unicorns. They’re impossible to find, and they don’t exist…Only a tiny fraction of people making more than a million dollars, probably less than 1 percent, are small business owners. And only a tiny fraction of that tiny fraction are traditional job creators…Most of these businesses are hedge fund managers or wealthy lawyers. They don’t do much hiring and they don’t need tax breaks. His comments were based on a Dec. 9 National Public Radio report that claimed to have gone searching for the oft-touted “millionaire jobs creator.” They came back with this  earthshattering  discovery: “NPR requested help from numerous Republican congressional offices, including House and Senate leadership. They were unable to produce a single millionaire job creator for us to interview.” However, the NPR report and Sen. Reid’s subsequent claims did not sit well with Paul Roderick Gregory of Forbes . He decided to dig deeper than NPR and thoroughly scrutinized Sen. Reid “facts.” “Unlike Harry Reid’s office, I went to the IRS’s Table 1.4 ‘Sources of income, adjustments, and tax size of adjusted gross income, 2009’ to check things out,” writes Gregory . This is what he found: There are 236,883 tax filers with incomes of a million dollars or more. By Harry Reid’s count, only one percent, or 2,361 of them, are business owners, and a tiny fraction of them create jobs. I do not know what Harry means when he says “a tiny fraction of a tiny fraction.” If we let 5 percent represent Harry’s “tiny fraction,” we are left with 118 businesses owners who earn a million or more and create jobs. Yes, they are only slightly less rare than unicorns, if Harry is to be believed. This leaves 236,765 million-dollar-plus tax payers, most of whom are “hedge fund managers and wealthy lawyers” who “don’t create jobs and don’t need tax breaks…” Millionaire tax filers earn a total taxable income of $623 billion, on which they pay the highest average rate (30 percent) of any tax bracket…A 1.9 percent tax surcharge on million-dollar-earners would yield $11 billion, assuming those shifty millionaires take no evasive action to avoid the tax. Millionaire tax filers earn $221 billion – almost a quarter of a trillion — from business and professions, partnerships, and S-corporations. This is puzzling: If Harry Reid’s figure is correct (2,361 millionaire businesses), then the average millionaire-owned business earns almost a hundred million dollars, and all, except 118 of them, do this without hiring anyone. These super heroes do their own typing, selling, drafting. public relations, building, and manufacturing. They do not need employees. Remarkable! So what does this mean? “Millionaire tax filers earn almost a quarter trillion dollars from their businesses. They must hire hundreds of thousands of employees to do so,” Gregory concludes. If Gregory’s facts are correct, and it is simply the case that Sen. Reid– a top-ranking U.S. politician–  is simply lobbing undisciplined and poorly researched “facts” while discussing issues critical to the fiscal health of the country, this does not bode well for the future of the U.S. economy. Unless those in charge start taking this conversation seriously, America will most likely continue its downward spiral into financial ruin. Furthermore, such “class warfare will be the anchor of the Democrat election playbook,” Gregory predicts. Indeed, it may not be unwarranted to expect more of this type of rhetoric as we approach the 2012 election. Read the full report here. Update : Since the original publication of this article, an update has been made. It was mistakenly reported that Sen. Reid’s comments were made on Dec. 6, before the NPR report. This is not true. His comments were based on a report that NPR produced on Dec. 9 and the Senator made his comments on Dec. 12. (h/t Ken Hansen).

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Fact Check: Harry Reid‘s Claim That ’Millionaire job Creators…Don’t Exist’ Thoroughly Debunked

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