Category: Government Rebates and Payments

Super Committee Fails to Reach Debt Deal – Automatic Triggers To Cut Defense and Discretionary Spending

[Latest Update]  As many had predicted, the debt Super Committee has failed to come up with a deficit reduction plan. Basically the not-so-super members failed to get past party line… Read more »

Rick Perry’s Cut, Balance and Grow Plan – Tax and Spending Reform To Restore America’s Economic Future

After covering Hermain Cain’s 999 tax plan, I thought I would look at Rick Perry’s recently released “Cut, Balance and Grow Plan” discussed in his recent WSJ op-ed piece. Here… Read more »

2012 COLA (Cost-of-Living Adjustment) 3.6% Increase for Social Security, SSI, Federal Retirees and Medicare Premiums

[Updated October 19 – Official 2012 COLA Increase is 3.6%] The Social Security Administration (SSA) announced that the Monthly Social Security and Supplemental Security Income (SSI) benefits for more than… Read more »

Obama’s 2012 Job Creation Stimulus and Tax Cuts – Can the New Economic Plan Really Boost The Economy and Lower Unemployment?

[Update – American Jobs Act a.k.a 2012 Economic Stimulus] In what is essentially the 2012 stimulus package, President Obama has released details on the American Jobs Act which involves spending… Read more »

Health Insurance Tax Credits to Help Millions of Middle-Class Families in Affordable Insurance Exchanges

As part of new regulations under Obama’s health care legislation the U.S. Department of the Treasury and the Department of Health and Human Services (HHS) today took the next steps… Read more »

2012 Payroll Tax Credit and Unemployment Insurance Benefits Extension

[Updated- 2012 Payroll Tax Credit Holiday, Unemployment Benefits and Medicare Doctor Payments Extended to Dec 31st] With House Republican support Congress has passed legislation extending the federal payroll tax holiday… Read more »

New Tax Credits and Programs to Help Unemployed Veterans – Wounded Warrior Work Opportunity & Returning Heroes Tax Credit

The Obama administration has proposed a host of new tax credits and programs to encourage employers to hire our growing army of veterans, particularly those that have been unemployed for… Read more »

2013 Debt Ceiling Increase Debate – Social Security, Medicare, Medicaid, Defense, Education and Food Stamp Spending Cuts

[2013 Update] As I was updating this article, originally written in mid-2011 following the first debt ceiling deal, I got a major sense of deja-vu. After 18 months we are… Read more »

How Much A Debt Deal Will Cost You With Higher Taxes, Fewer Deductions, Lower Benefits and Working Longer

[Update as of July 23rd] It’s time to pay for the American dream. In various discussions around how to cut the national debt, so that we don’t have to keep… Read more »

IRS Errors and Economic Stimulus Refunds For Home Buyer Credit and Overpayment of $250 SSI and Making Work Pay Tax Credit

The IRS has officially admitted that they are having issues with processing some of the most popular economic stimulus payments that the Obama administration has handed out over the last… Read more »