Who Are the 47 Percent?
Mother Jones has opened a broad debate about the role of government in our society.
In a clandestine tape recorded in May and obtained by the magazine, former Governor Mitt Romney (R-MA) remarked that 47 percent of taxpayers pay no federal income taxes. He notes, among other things, the increase in dependency on government in the country. This is not a widely held secret.
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 | Latest "Budget" Bill Spends Every Dollar, and Then Some
Just passed in Congress, the six-month fiscal year 2013 continuing resolution bill may avoid a lame-duck spending debacle—but in reality, it is just another spend-as-you go omnibus measure that extends the federal government’s incoherent fiscal policy.
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 Obama's Budget Fails to Solve the Debt Crisis, Despite $2 Trillion in Tax Hikes In 2008, publicly held debt as a percentage of the economy (gross domestic product or GDP) was 40.5%, nearly four points below the post-World War II average. Since President Obama took office, the debt has increased to 74% of GDP. His latest budget would increase the debt to 76.5% by 2022, despite $2 trillion in tax hikes. DEBT AS A PERCENTAGE OF GDP
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|  | Obama: Don't Worry about the $16 Trillion Debt
Late night appearance on Letterman wasn't so funny
Read and Comment Now |
 | Heritage on O'Reilly Factor: Index of Dependence on Government Rises
Bill O'Reilly gets the scoop from Heritage's Bill Beach
Watch the Video Now |
 | Bernanke’s QE3: Ironically, a Policy Predicted on Irrational Behavior
Heritage analyzes the latest actions from the Federal Reserve.
Read the Full Report |
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