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Obama Budget Unanimously Defeated In Senate


Back in March, this budget didn’t even get a single vote in the House, now it’s had the same result in the Senate — which is controlled by Democrats!

A budget resolution based on President Obama’s 2013 budget failed to get any votes in the Senate on Wednesday.

In a 99-0 vote, all of the senators present rejected the president’s blueprint.

It’s the second year in a row the Senate has voted down Obama’s budget.

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Boehner On Jobs, Debt Limit, And The Economy


Earlier today, Speaker John Boehner spoke to the Peter G. Peterson Foundation’s 2012 Fiscal Summit. Here’s a few of the highlights of his plan from the Speaker’s website, along with commentary, of course (emphasis in original):

In remarks this afternoon to the Peter G. Peterson Foundation’s Annual Fiscal Summit, House Speaker John Boehner (R-OH) will renew his commitment to the principle he set forth at the Economic Club of New York one year ago – noting that the debt limit exists to force Washington to deal with its fiscal problems, and that any increase in the nation’s debt limit must be accompanied by spending cuts and reforms larger than the amount of the debt limit hike.

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Obama Administration Official Offers Subsidies For Corporate Jets


Gee, and here I thought corporate jets were eeeeeeeeeeeeeeeeeeeeevil. Maybe it’s just tax cuts for corporate jets. Subsidies for corporate jets, however? Just fine, says the head of the Export-Import Bank (a federal agency).

Export-Import Bank Chairman Fred Hochberg plans to provide more financial aid to U.S. corporate jet manufacturers, branching out from a traditional support for Boeing Co. (BA) to help an industry where demand has suffered….

Ex-Im supported $90 million of corporate jet deliveries last year to customers of Textron Inc. (TXT)’s Cessna Aircraft Co, General Dynamics Corp. (GD)’s Gulfstream unit and Hawker Beechcraft Corp. Hochberg said he plans to boost the aid to $1 billion by 2014. The increased focus comes after order backlogs on corporate jets fell by more than half to $40 billion in three years.

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Poll: 51% Trust Romney On Economic Issues, 39% Trust Obama


This is why Obama is suddenly attacking Romney on his time at Bain:

A new national telephone survey finds that 51% of Likely U.S. Voters trust Romney more than Obama when it comes the economy, while 39% trust the president more. Ten percent (10%) are undecided. (To see survey question wording, click here.)

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Jon Lovitz Speaks Out About Tax The Rich


Strong language warning, Jon Lovitz really doesn’t care for Obama’s rhetoric about tax the rich, and he admits that he’s a Democrat and voted for Obama:

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Rasmussen: More Believe The Economy Is Getting Worse Than Believe It’s Getting Better


More bad news for the Obama campaign, and a good explanation of why they’re trying to talk about anything except Obama’s economic record.

Thirty-six percent (36%) of all adult consumers now believe the U.S. economy is getting better while 46% believe it is getting worse. Those results are a bit weaker than results from just before the jobs report.

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Canada Drops The Penny


Wonder how long before the US does this:

Canada minted its final penny today as Finance Minister Jim Flaherty said the coin was too expensive to produce and no longer needed for business.

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