With outrage growing across the political spectrum over a deeply controversial new addition to the U.S. tax regime known as the Foreign Account Tax Compliance Act, or FATCA, the Republican National Committee voted overwhelmingly this week to adopt a resolution calling for its repeal. Analysts say the strongly worded GOP measure, which has garnered strong support from middle-class Americans living abroad, represents just the beginning of the fast-building campaign to stop FATCA and what critics call the scheme’s “devastating” consequences.
A cyber security expert has claimed that he was able to gain access to 70,000 personal records of ObamaCare enrollees in just four minutes, an announcement that is likely to be frightening to all those who have enrolled in the new healthcare program.
Democrats were quick to denounce comments made Thursday by former Arkansas Gov. Mike Huckabee at the winter meeting of the Republican National Committee in Washington.
Insurers need predictability and certainty in order to perform their duties well. Neither are present under Obamacare, so Moody's downgraded them.
A group of liberty-minded young Americans known as Tea Party Youth unveiled a new campaign that, among other goals, is working to stop the federal government from foisting more and more debt onto the backs of future generations. Leaders from the organization even called for a constitutional amendment to stop the schemes, blasting the imposition of a ballooning multi-trillion dollar burden on America’s youth, who cannot even vote, as being tantamount to “taxation without representation.”