Healthcare Reform to Top $1 Trillion

  Government, Politics and the Economy Democrats Offer Mixed Signals on Deficit President Obama may have called for legally binding measures to enforce spending restraint, but both his congressional allies and his own actions are threatening to undermine his effort. WSJ.com Healthcare Bill Raises Taxes by $600 Billion House Democrats have drafted healthcare overhaul legislation that includes $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid. According to Ways and Means chairman Charles Rangel, the total cost of healthcare reform will top $1 trillion. Bloomberg.com Management and Operations [Read Full Article]


Obama: Small Business Key to Economy

  Government and Economy Obama: Small Business Key to Economy In a speech welcoming winners of an SBA award to the White House's East Room, President Obama acknowledged that small business is responsible for half the nation's private sector jobs and so deserves support from Washington. Google.com/AP Congress Failing American Small Business While they talk a fine game, when it comes to action on supporting what they, themselves, describe as the “backbone of the economy” our legislators seem happier to play possum. HuffingtonPost.com [Read Full Article]


A Reminder to Remember Small Business in These Bailouts

Government and Economy Democrats Intent on Keeping Estate Tax President-elect Obama and congressional leaders will block the 2010 repeal of the estate tax, going so far as to say it might outlive the "Death Tax Repeal" movement that is working to kill it. Commentary: Remember Small Business in Stimulus Efforts American small business employs more people than the Fortune 500 combined, but since these are not large companies, they risk being forgotten as Washington tries to stimulate the economy. National Ombudsm... [Read Full Article]