|NOW ILLEGAL ALIENS GET 'EARNED INCOME TAX CREDITS' WELFARE FROM THE U.S. GOVERNMENT! THIS IS A GROSS INSULT TO ALL AMERICAN TAX PAYERS! WHAT NEXT???!|
What had started as a tax offset for low income workers is now simply another federal welfare program. A welfare program that subsidizes children in families least likely to afford them. A welfare program that benefits corporations more than the poor. A welfare program replete with fraud. A welfare program kinder to immigrants and even to people here illegally than to natives. Today, immigrants receive EITC at nearly twice the rate of natives, and nearly half (49.2%) Mexican immigrants receive it.
[Ed Rubenstein’s complete report, The Earned Income Tax Credit and Illegal Immigration: A Study in Fraud, Abuse, and Liberal Activism, [PDF] is available courtesy of The Social Contract.]
The Earned Income Tax Credit is the largest anti-poverty program in the United States. In 2007 more than 23 million households received $47 billion EITC payments. That dwarfs traditional welfare andspending combined.
Yet unlike those programs, the EITC is virtually unknown outside of the policy wonks who study it and the low income individuals who receive it.
One reason for its relative anonymity: the credit is embedded in the tax code. The tax code is vast; its 80,000 plus pages are full of deductions, allowances and credits. The EITC is just one albeit perhaps the most lavish—and important.
Another reason for the low profile: the credit is widely regarded as a success. (Nothing succeeds like failure when it comes to making an impression on public opinion.) Politicians from Ronald Reagan to Michael Bloomberg, Bill Clinton to George W. Bush, have not only supported the credit but have moved to expand it over the years. They regard it as the one poverty program that works.
Their enthusiasm reflects the perception that—unlike welfare—the credit is available only to people who work: to the “working poor”, especially families with children. Unlike welfare benefits, which decline as a recipient’s earnings go up, EITC benefits go up as you earn more, thus actually increasing work incentives for low income individuals.EITC is a very generous program. For a household with two children, the credit is equal to 40% of earnings. In effect, taxpayers give these folks a 40% raise if their income is below a certain level. Even if recipients have not paid a single cent in taxes, they are eligible for the full tax credit amount—up to $4,800 in 2008. The credit does phase out—but only when income approaches the .
FROM THE FEDERAL RESERVE BANK CONCERNING THE UNITED STATES BANKING SYSTEM AND HOW TO MAKE IT MORE ACCOMMODATING FOR SO-CALLED 'IMMIGRANTS'! REMEMBER THE BANK OF AMERICA BOYCOTT?
A political news post website for independent-minded conservatives and others who may be interested in the sane side of American politics. Remember, the American people love their liberty. It is in their DNA!
Saturday, May 9, 2009
THANKS TO LAURA AND HAYDEE FOR SENDING! / ILLEGAL ALIENS & THEIR EMPLOYERS RECIEVE TAX REFUNDS FROM .E.I.T.C., A FEDERAL SUBSIDY / OUTRAGEOUS!!!!!
THIS IS NEO PROGRESSIVISM AT
IT'S WORST.....IT IS A COMBINATION
OF A MARXIST/FASCIST TAKEOVER!
THE ARROGANCE OF THIS MAN LEADS US TO THINK HE WOULD PRINT HIS OWN OBAMA BILLS.....
By TOM RAUM and ANDREW TAYLOR, Associated Press Writers Tom Raum And Andrew Taylor, Associated Press Writers – Thu May 7, 11:52 pm ET
WASHINGTON –sent Congress a detailed budget Thursday boasting of cutting or killing 121 federal programs in a belt-tightening he likened to that of most Americans in difficult times. But the trims amounted to a tiny fraction of the new spending he wants, and some have already been nixed by allies on Capitol Hill.
Obama said his cuts would amount to $17 billion — in a budget totaling well over $3 trillion for the fiscal year that begins in October. He's estimating the government's red ink will still be about $1.2 trillion, down only slightly from this year's all-time record.
Republicans scoffed that Obama's cuts were not nearly enough. "They appear to be a diversionary tactic — an effort to change the subject away from the unprecedented debt this budget heaps on future generations," said House Republican Leader John Boehner of Ohio.
On the other hand, some of Obama's proposed trims are recycled from George W. Bush's hit list and won't be popular with some Democrats. For instance, he proposed ending a $400 million-a-year program that pays states and counties for keeping illegal immigrants in their jails — a Bush idea rejected previously by the Democratic-controlled Congress.
The president defended proposed cuts that he portrayed as a mix of some "more painful than others."
"In Washington, I guess that's considered trivial. Outside of Washington, that's still considered a lot of money," he said. "But these savings, large and small, add up."
If there was a theme to Obama's cuts and spending initiatives, it was to continue to provide generous increases to domestic programs that had been squeezed during the eight years of thewhile reviving oft-rejected Bush-era proposals to cut programs that critics say have outlived their usefulness but still have important support on Capitol Hill.
"What we're trying to do is reorient government activity toward things that work," said White House Budget Director Peter Orszag.
• Ending $26 billion in oil and gas industry tax breaks, which he called "unjustifiable loopholes" in the tax system that other industries do not get.
• Slashing almost in half a benefits program for the families of slain police and safety officers from $110 million to $60 million.
• Eliminating federal support for a $35 million-a-year radio-based marine navigation system rendered obsolete by the satellite-based Global Positioning System.
• Doing away with a $142 million program to help states pay to clean up abandoned mines.
• Abolishing an Education Department attache's post in Paris, at a savings of $632,000 per year.
He called for a $3 increase in per-segment air fare taxes starting in 2012, which would raise the maximum fee from $5 to $11 per trip as a way to finance airport security screenings
In over 1,500 pages, Obama sought to flesh out the bare-bones budget outline he submitted in February shortly after taking office. Both the House and Senate last week approved a $3.4 trillion budget blueprint reflecting most of Obama's priorities and clearing the way for new spending on health care, energy and education. More details are due from the White House next week.
On the spending side, Obama's new details emphasized substantial increases for his domestic priorities.
• Plowing $2 billion more into merit-based teacher pay to help failing schools turn around. He would spend $370 million on a successor to theliteracy program, a key element of Bush's No Child law.
• Spending an additional $584 million for pandemic flu efforts, on top of the $1.5 billion in emergency money for 2009 that he asked Congress for in the wake of the swine flu outbreak.
• Increasing child nutrition programs by $1 billion, partly to pay for a 20 percent increase in the number of food inspectors.
• Setting up a $1 billion program to develop or rehabilitate housing for the poor.
Obama proposed more money for the new investigators and other staffers to enforce safety, health, minimum wage, overtime and other laws.to hire about 1,000 new employees, including 670
"We'll begin to restore worker protection programs after years of decline," said Labor Secretary Hilda Solis.
The relatively modest scope of Obama's proposed cuts — amounting to about one half of one percent of spending — led to a sometimes contentious briefing with White House press secretary Robert Gibbs.
"I've said this before, and I'll say it again: $17 billion is a lot of money to people in America. I understand that it might not be to some people in this town, but that's probably why we're sitting on a $12 trillion American Express bill," Gibbs said, referring to the $10.7 trillion national debt.
Jared Bernstein, Vice President Joe Biden's top economic aide, said in an interview that the value of the budget cuts goes beyond their monetary value. "We need to take that kind of close look, that kind of scrutiny, of all the government spending that we're doing," he said.
Fellow Democrats may well reject some of those revisions, including Obama's proposal to stop paying states and counties that keep illegal immigrants in their jails. He also proposed doing away with Even Start, a $66 million program to promote child literacy that the administration argues is not as effective as other early-childhood education programs like Head Start.
Bush had sought to end both programs — only to be rebuffed by the Democratic Congress.
Lawmakers from the potent California, New York and Florida delegations are sure to fight the proposed elimination of the State Criminal Alien Assistance Program, the one that helps states house illegal immigrants in jails.
"None of this will be easy," Obama said, facing cameras at the White House with Orszag standing behind him.
Stanley Collender, a former congressional budget expert, said that $17 billion in cuts was significant in these recessionary times when increased spending is deemed to be more justified than usual. Furthermore, Obama had used the cuts to offset some of his proposed spending increases.
That was a nod to fiscally conservative "Blue Dog" Democrats, said Collender, now with Qorvis Communications, a Washington consulting firm.
"Are the cuts enough to balance the budget? No, of course not. But that wasn't the point," he said.
Despite redoubling its efforts to portray itself as tough on waste and spending, the administration and Congress have taken the nation on a steady course of higher federal spending. In rapid succession has come passage of a $787, a $410 billion and Congress' $3.4 trillion budget for next year, which calls for increases of almost 10 percent over current funding for non-defense agency budgets.
Even as Obama spoke, a key House panel was adding about $12 billion to his war-spending request.
Many items in the budget are about more than money.
It affirms the administration's prohibition on so-called warrantless wiretapping — the Bush administration electronic surveillance program.
And it would provide $197 million to find an alternative to the Yucca Mountain nuclear waste project in Nevada, another setback to the nuclear power industry from the administration — but a welcome gesture to , who has long sought to block the project 90 miles from Las Vegas.
Obama said that Americans are tightening their belts in difficult times and want to know if Washington "is prepared to act with the same sense of responsibility."
"I believe we can and must do exactly that," Obama said.
Obama is claiming savings from eliminating a host of accounts typically earmarked by members of Congress such as a $10 million West Virginia highway project obtained by Sen. Robert Byrd, D-W.Va., and $15 million obtained by Dianne Feinstein, D-Calif., for diesel emissions reduction grants.
In fact, some of the cuts, like terminating production of C-17 cargo aircraft and phasing out direct payments to farmers with sales exceeding $500,000 annually, have already been rejected by Obama's allies in Congress.
About half the budget savings would come from an effort by Defense Secretary Robert Gates to curb military programs, including ending production of the F-22 fighter and killing a much-maligned replacement helicopter fleet for the president that's way over budget.
Associated Press Writers Sam Hananel, H. Josef Hebert, Libby Quaid, Erica Werner, Pamela Hess, Julie Pace and Pauline Jelinek contributed to this report.
On the Net:Obama proposals:
THIS LINK IS THE ENTIRE PORTION OF: 'TERMINATIONS, REDUCTIONS AND SAVINGS' / 'BUDGET OF THE UNITED STATES GOVERNMENT FISCAL YEAR 2010.' IT IS SUGGESTED THAT EVERYONE READ IT AS IT CONTAINS CUTS THAT HAVE TO DO WITH NATIONAL SECURITY AMONG OTHER VITAL NEEDS!
By Christina Bellantoni and Barbara Slavin THE WASHINGTON TIMES | Saturday, May 9, 2009
President Obama next month will travel to Egypt to address the world's Muslims in a major speech, seeking to strengthen U.S. relations with the Islamic world and fight extremism, the White House said Friday.
Mr. Obama chose Egypt as the venue for the long-promised speech, to be delivered June 4, because the country "in many ways represents the heart of the Arab world," White House press secretary Robert Gibbs said.
He said a city had not been chosen yet.
Mr. Gibbs said the president in his remarks will "extend a hand to those that in many ways are like us, but just simply have a different religion."
"Our hope is not to draw a large crowd, but our hope is to reach a large portion of the world with what we hope is a powerful message," Mr. Gibbs said.
The president's trip will include a visit to the Buchenwald concentration camp near Weimar, Germany, which Mr. Obama's great-uncle helped to liberate during World War II. He also will join world leaders in France to commemorate the 65th anniversary of the D-Day landing in Normandy, France.
Ziad al-Asali, a prominent Arab-American and president of the American Task Force on Palestine, predicted in December that Mr. Obama would choose Egypt because of its central role in Islam and the Arab world and its status as the first Arab country to make peace with Israel. Mr. al-Asali said the site sends a signal that the Obama administration is committed to an Arab-Israeli peace deal.
Egypt for years has served as a back-channel for the United States to the Palestinian militant group Hamas, and, in a more open capacity, has provided training for Palestinian security services.
Despite the 1979 peace accord, Egypt's relations with Israel have not always been smooth.
From time to time, Egypt has withdrawn its ambassadors from Tel Aviv, and in the past three years, Israeli leaders have charged that Egypt has failed to control weapons and aid smuggled into Hamas-controlled Gaza.