pull apart gsa. to the point where we will make a question to the american public and whether gsa is needed at all. when they knew this was being done on, you know, we can pick out sushi or whatever makes highlight. $44 for breakfast, i m a big man and i can t spend $44 for breakfast. somebody had to say that. are you kidding me? then the american public believes every single employee and agency is corrupt and not doing what they re supposed to. i see why mr. neely is not with us today and the only pictures i can get of him are him in the hot tub suite. a news release. big government doesn t work. it doesn t work. what do we do instead of the gsa? there is a lot of abuse in the gsa. a lot of abuse of other government agencies throughout the government. eight the money spent in las vegas by gsa should be a farewell party. thank you. congressman john mica, chairman of the transportation and infrastructure committee joins us. good evening. good to be with you. gret
pull apart gsa. to the point where we will make a question to the american public and whether gsa is needed at all. when they knew this was being done on, you know, we can pick out sushi or whatever makes highlight. $44 for breakfast, i m a big man and i can t spend $44 for breakfast. somebody had to say that. are you kidding me? then the american public believes every single employee and agency is corrupt and not doing what they re supposed to. i see why mr. neely is not with us today and the only pictures i can get of him are him in the hot tub suite. a news release. big government doesn t work. it doesn t work. what do we do instead of the gsa? there is a lot of abuse in the gsa. a lot of abuse of other government agencies throughout the government. eight the money spent in las vegas by gsa should be a farewell party. thank you. congressman john mica, chairman of the transportation and infrastructure committee joins us. good evening. good to be with you. gret
at the end of the year, some $500 billion in tax break expire at once to hit american household with tax increase of $3800 if congress doesn t act. it includes $165 billion for the expiration of the extended bush tax cut to push taxes from bottom rate of 10 to top of 35, to top rate of 3.6. cut in the child tax credit for 1,000 per child to $500. return of the marriage penalty, the tax on dividends would soar from 15 to 39.6%. and end the $124 billion payroll tax cut. end to the temporary fix of alternative tax, aimed at millionaires but which would hit $34 million taxpayers next year. expires cuts with all the income group but those at the low and middle incomes the hardest. taxmageddon falls 70% on midto low income families because 60% of the bush tax cut were for midto low income taxpayers. that could have economic effect including a drop in disposal income. economy that is 1 to 2 percentage point smaller than it otherwise would have been. unemployment that is a fu
get this year s taxes in, analysts are warning about a bigger tax day. taxmageddon as in armageddon to characterize the effect on the u.s. economy. taxmageddon is $500 billion one-year tax hike hitting america january 1, 2013. the cax code is on a year to year lease and in some cases month to month lease. at the end of the year, some $500 billion in tax break expire at once to hit american household with tax increase of $3800 if congress doesn t act. it includes $165 billion for the expiration of the extended bush tax cut to push taxes from bottom rate of 10 to top of 35, to top rate of 3.6. cut in the child tax credit for 1,000 per child to $500. return of the marriage penalty, the tax on dividends would soar from 15 to 39.6%. and end the $124 billion payroll tax cut. end to the temporary fix of alternative tax, aimed at millionaires but which would hit $34 million taxpayers next year. expires cuts with all the income group but those at the low and middle incomes the h
campaign. they can t run on the basis of, you know, the stimulus and the affordable care act. and he has yet to put forward a comprehensive vision for the future. and so he s stuck trying to win on the basis of, you know, a slogan that allows him to contrast himself from the perspective republican nominee and thus far, they whoever the geniuses are in chicago working on it, they better send in some more caffeine. let s be fair, though, they came up with hope and change and that may be one of the most memorable campaign slogans ever. so do you think that that same brain trust will be able to come up with something as catchy? sure. eventually they ll stumble on to something better than they got but it won t be connected with hope and change. that one got worn out. that raised expectations. this is one of the big challenges facing the president is, you know, he created such a sense that there s going to be change. we re going to be different. it s going to be above politics. i don t