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BBCNEWS Breakfast July 2, 2024

Through the brexit campaign, borisjohnson s friend, but at times his greatest foe, michael gove wasnt afraid to make enemies, pushing through Education Reforms and serving under four Prime Ministers over nearly 20 years in parliament. But he says he has now concluded, there comes a moment when you know its time to leave, that a new generation should lead. Rishi has the plan our country needs, he added. I will do everything i can to support him. But as rishi sunak toured the Titanic Quarter in belfast, the list of mps jumping ship continued to grow. Among more than 100 other mps Standing Down, the former Prime Minister theresa may, the former leader of the
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Detailed text transcripts for TV channel - MSNBC - 20130101:15:48:00

Down for lack of funds. i think that is the more serious of the two issues. from a main street perspective, we just finished the holiday shopping season and the sales numbers weren t very encouraging and a lot of analysts said one of the reasons, one of the things that impacted consumer confidence were fears over the looming fiscal cliff. is it possible that regardless of what happens with the house or with this deal that there will be an effect on consumer confidence and spending down the road? well, i think we are going to see in effect spending and perhaps consumer confidence just because the payroll taxes have essentially gone away. these were not part of the fiscal cliff conversations. for the last couple years people were only paying 4.2% on their first $106,000 of income. starting next week at 6.2% so someone who makes $50,000, that is an extra i think thousand dollars a year. so anybody who gets income from their paycheck is going to see a smaller paycheck starting with the ....

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Detailed text transcripts for TV channel - MSNBC - 20110414:03:26:00

The government does a great deal of actual in effect spending through the tax code. the mortgage deduction is one that everyone s familiar with. if you are taking the full mortgage deduction on over a million dollars of mortgage, you can be getting from the government in effect $50,000 or more in a given year to pay for your housing. the president wants to go in to the tax spending side of our spending. do you think he can actually make some sense to the public in that area, which is not an easy area to follow? i m not sure. you re absolutely right. tax expenditures, tax spending is over $1 trillion a year, it costs more than social security, more than medicare and medicaid combined. it s very big. it s easier to talk about tax spending in the abstract. the minute you start talking about particular breaks, if they re corporate breaks, armies of lobbyists defending them. the mortgage interest rate, ....

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