Massive Tax Increases Loom as Democrats Begin to Talk Fiscal Responsibility

CNSNews Massive Tax Increases Loom as Democrats Begin to Talk Fiscal Responsibility

Monday, Feb. 23, 2009
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Massive Tax Increases Loom as Democrats Begin to Talk Fiscal Responsibility (CNSNews.com) – Part of Monday's "fiscal responsibility" discussion at the White House is sure to include the impending tax increases set to hit every American taxpayer when the Bush tax cuts expire in 2010, unless Congress acts to extend them. During the presidential campaign, then-Sen. Barack Obama pledged to repeal the tax cuts.

Mayors Seek to Apply Stimulus Money to ‘Wish List’White House (CNSNews.com) – The nation’s mayors expressed confidence Friday that money from the $787-billion stimulus package will go to fund their city projects, even if it does not cover their entire wish list. A U.S. Conference of Mayors’ report, released in early January, asked for a total of $96.6 billion in federal dollars to fund 15,221 different municipal projects called “ready to go” and “shovel ready.”

Obama Administration Opposes Nationalizing Banks – For NowWhite House (CNSNews.com) – The Obama administration opposes nationalizing the banking industry, White House Press Secretary Robert Gibbs said Friday, but Gibbs did not absolutely rule out the possibility of nationalization. Free market advocates have expressed concern about the federal government taking over the banking industry ever since the $700 billion Troubled Assets Relief Act was enacted last fall.

White House Supports Burris Investigation to ‘Get the Full Story Out’White House (CNSNews.com) – President Barack Obama supports an investigation into whether Sen. Roland Burris (D-Ill.) told the truth regarding his dealings with former Illinois Gov. Rod Blagojevich, White House Press Secretary Robert Gibbs said Friday. White House Press Secretary Robert Gibbs was tepid in addressing the matter Friday, and he did not join the chorus calling for Burris to resign.

Va. Senate Committee to Vote on Bill Overturning State Police Ban on Prayer (CNSNews.com) - Members of a Virginia Senate committee may vote Monday to advance a bill that would re-instate the right of state police chaplains to pray “in Jesus Name, or “in the name of Allah” – or to refer to other religion’s deities in their prayers.

Islamists Kill African ‘Crusader’ Peacekeepers(CNSNews.com) – Jihadists in Somalia responsible for the deaths of 11 African Union peacekeepers on Sunday targeted their victims while they were attending a church service, according to a spokesman for the Islamists. The attack came shortly after the emergence of a new message, purportedly from a fugitive al-Qaeda leader, offering encouragement to Islamic warriors in Somalia and urging them to fight against “crusader invaders.”

Iran Denies It Offered the West A Deal to Continue With Its Nuclear Program (CNSNews.com) – “The Iranians wanted to be able to strike a deal whereby they stopped killing our forces in Iraq in return for them being allowed to carry on with their nuclear program,” says Sir John Sawers, Britain’s ambassador to the United Nations. His comments were included in a BBC documentary on Iran’s relations with the West, broadcast over the weekend.
CNSNEWS.COM VIDEO:
James Earl Jones Hopes His ‘God’ Voice Helped Obama Win
(CNSNews.com) - A Jan. 15, 2009, Time magazine online story discussed how “the voice of God” helped Barack Obama win the presidential election. Time said that in today's culture, God’s voice belongs to actor James Earl Jones, and “when God turned into an African American, it became less unthinkable that the president might be African American as well.” Jones, who is famous for his recording of the King James version of the Bible, told CNSNews.com he “hopes” his God-voice helped Obama win the presidency.
OTHER CNSNEWS.COM HEADLINES:
Court Will Rule in Dispute Over 8-Foot Cross
Government May Take Larger Stake in Citigroup
Freddie Mac Investigates Itself Over Lobbying Campaign to Avoid New Regulations
Governors, Obama to Discuss Stimulus Plan
Obama to Convene Fiscal Summit at White House
Obama Picks Inspector-General of Interior Department to Oversee Stimulus Spending
Philly Newspaper Owner Files for Chapter 11
OMB Director Expects Some GOP Backing for Obama’s Budget
Looking to 2012, GOP Governors Step Into Spotlight
Sen. Lugar Says U.S. Must Rethink Cuba Embargo
Tourists Apparent Target in Cairo Blast
Environmentalists Get Close Look at Antarctic Ice Melt
Demand For High School Diplomas Increases With Job Losses
'Slumdog' Rules Oscars With 8 Prizes, Including Best Picture
Hawaii May Become Fifth State to Legalize Civil Unions

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NEWSPAPER ROUNDUP:
Report: U.S. military unit secretly in Pakistan lends ally support
In Britain, anger at economic crisis ‘could erupt into violence on streets’
Universities issue Mexico travel advisories for spring break
Legal experts propose limiting Supreme Court justices' powers, terms
McConnell: Don't raise taxes on the wealthy
Hackers barrage bank accounts
Governors seek federal funds to clean up coal
Ethanol plans move ahead
Durban II draft document 'getting worse'
COMMENTARY
Atlas Raged
By Rich Galen
Atlas is done with merely shrugging. Atlas is raging. Take the absolutely fantastic rant on CNBC the other morning by on-air editor Rick Santelli. This episode is another in a string of bad days for the Obama Administration. And now, on top of everything else, Obama has irritated John Galt.

Stop the CO2 Madness
By Alan Caruba
On March 8-10, more than 500 scientists who dispute the vast global warming hoax will meet in New York for a second international conference on climate change sponsored by The Heartland Institute, a non-profit, free market think tank. You can be sure of one thing. They will continue to be attacked as crazies for denying the “consensus” that Al Gore is always braying about. Science is not about “consensus,” it is about reproducible facts. All the “facts” about melting glaciers, dramatically rising sea levels, and other claims by the global warming crowd have been refuted.

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Kevin Dayhoff www.kevindayhoff.net http://kevindayhoff.blogspot.com/