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In Hometown to Raise Campaign Cash, Obama Targets Romney's Running Mate

US Politics & Gov't  (tags: congress, elections, obama, news, government, usa )

- 2139 days ago -
President Barack Obama congratulated Paul Ryan Sunday for being selected as Mitt Romney's running mate, but cut short the plaudits to blast the Wisconsin congressman's economic proposals.

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Monica D (580)
Sunday August 12, 2012, 9:05 pm
I think that humanity needs a more environmentally sustainable economic system, like that advocated by CASSE at .

Alexandra Rodda (180)
Monday August 13, 2012, 5:09 am
I would not call it "targeting" Ryan. Rather, I should be surprised if Obama did not speak about the threat to the average American that Paul Ryan and his supporters are. The average American, and so many teapartyers are sut average, would be lucky to survive a Romney - Ryan partnership in the presidency.

Past Member (0)
Monday August 13, 2012, 6:04 am
Thanks for the information.

Past Member (0)
Monday August 13, 2012, 12:50 pm
Obama should be overjoyed by Mitt having Paul Ryan as a running mate. Paul Ryan is quite a piece of work and this is a good thing for the Democratic party. Mitt should just concede at this point. The race is now over.

Past Member (0)
Monday August 13, 2012, 12:52 pm
John - why would Obama say anything nice about people who are viciously attacking him, have obstructed any legislation? I am not a big Obama fan, but the alternative is a lot scarier. It is time for the US citizens to stand up and reform the political process. It is too corrupt, there is too much money involved and once accepting $ from those who need to be reigned in, makes it an impossible job.

Roseann d (178)
Monday August 13, 2012, 9:05 pm
Ryan....against Equal Pay for Equal Work, against abortion even in cases of rape, incest or even when the mother's life is in danger,against birth control, but he's FOR cutting food stamps....Hmmm, how are these women supposed to afford these unintended children? Maybe Ryan should pay the child support.

Deborah W (6)
Tuesday August 14, 2012, 7:14 am
Wisdom is knowing what to do next ... virtue is doing it!

Deborah W (6)
Wednesday August 15, 2012, 11:31 am
Obama is truly the nightmare version of Martin's dream. Sad.

Audrey B (0)
Friday August 17, 2012, 12:27 pm

5 "Hidden" Obamacare Taxes That Will Crush The Middle Class
Money Morning
Get ready to be blindsided by a barrage of new taxes. $569 billion worth...

They'll be coming courtesy of the Affordable Care Act, otherwise known as Obamacare.

And they won't just be affecting those who make over $250,000 as you'll soon see. The bulk of these taxes will be passed on directly to the middle class.

That's because while a majority of these "stealth taxes" were designed to be taxes on businesses, they're actually be transferred directly to ordinary citizens.

They include an investment income surtax, a medicate payroll tax, even a "tanning tax" on those who utilize indoor tanning services.

"Many of those [hidden] taxes, especially those on hospitals, insurers and medical device manufacturers, will ultimately be passed on through higher health costs," said Michael Tanner an expert on the healthcare law.

Editor's note: How much extra will you have to pay? See the complete list of new Obamacare taxes here.

Of course, the Obamacare plan was primarily designed to decrease the number of uninsured Americans and reduce healthcare costs.

Many experts are saying it will have the opposite exact opposite effect.

That's why Republicans hope to strike down Obamacare should they nab a presidential victory in November.

They claim that the taxes needed to pay for Obamacare will crush the middle class and most U.S. taxpayers, as well as trigger job losses in affected industries.

According to the Congressional Budget Office, 76% of those who stand to be slapped with the penalty (the Supreme Court calls it a tax) for not carrying insurance are those earning less than $120,000. The penalty for the average American family is $4,700 a year in new taxes.

Other new Obamacare taxes will hit drug companies (totaling $27 billion), and medical device makers ($20 billion), as well as enforce new reporting requirements and regulations on physicians.

But these stipulations could make access to health care and services more costly and difficult for seniors.

About six million people nationwide will most likely lose their Medicaid eligibility because their states will not join the Medicaid expansion.

Roughly half would be able to obtain private insurance, leaving the other half without coverage, the CBO reports.

Tax experts say you should try to estimate how much you will have to pay when the new taxes go into effect - and take precautions to limit the effects on your bottom line.
What the Experts Say: Real facts and figures about the Hidden Obamacare taxes are hard to find. That's why Money Morning has created a free comprehensive guide to help you prepare. You'll learn exactly what new taxes you can expect to see. Just go here to get it now.
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