According to the release, the tax drop would “pump $237 million into the private sector.” In other words, that money will no longer be in the hands of lawmakers to help them fund state agencies.
deficit
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A tale of two Toms
Tom Coburn credit: Mark Hancock If you picked Republican Sen. Tom Coburn, move to the head of the class. The plainspoken, sometimes grim physician, nicknamed “Dr. No” by his Senate colleagues for his penchant for holding up seemingly innocuous items, is the answer to all of the above. It’s among the reasons he is routinely […]
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‘Batchelder logic’
Some facts intervene with this illogic. We added roughly $607 billion per year to the debt under the Bush administration … a shabby record no doubt, and one I deplore. But the first three years of the Obama administration have added an average of $1.116 trillion annually to the deficit. At that rate, four years […]