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Well, the debt deal is behind us, but it’s clear that the White House wants more taxes. Instead of fighting this head-on, the GOP might want to think about future ways of giving President Barack Obama what he says he wants. Done properly, it just might be what academics like Obama call a “teachable moment.”
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Even before the package to raise the debt limit was approved by Congress, Republicans and Democrats were arguing about the contours of its deficit-reduction committee.Republicans have insisted that the 12-member panel, made up of three members of each party from both the House and Senate, will not have room to raise taxes as a way of meeting its goal of finding at least $1.2 trillion in deficit reduction. They also promise that the committee will begin to address entitlements.
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In a school-wide email, Oakland University President Gary Russi announced that the southeast Michigan university will host a GOP presidential debate this November 9th.The Detroit Free-Press has the story:
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President Obama has threatened to veto the "cut, cap and balance" legislation that Republican lawmakers argue must accompany a vote to raise the federal debt ceiling.
White House budget officials on Monday called the legislation, which is not expected to gather the two-thirds majority needed for passage, an "empty political statement."
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By:
Ralph Smith
07/07/11 9:03 PM
At this stage of 2007’s presidential campaign cycle, former Massachusetts Gov. Mitt Romney had raised $44 million — more than any other Republican candidate.
We won’t know how the current candidates compare to that benchmark until they file disclosure forms with the Federal Election Commission next month. However, it’s likely most of them, even Romney, will fall short.
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URL: http://www.sfexaminer.com/taxonomy/term/2965?page=4&quicktabs_1=0&quicktabs_6=0
