Rand Paul Takes Principled Stand Against Courier Slur

from BluegrassBulletin.com

"Rand Paul Takes Principled Stand Against Courier Slur

The Courier Journal, hell bent to undercut the Rand Paul campaign, has once again taken old information, pasted on a new headline and called it a scoop. If their political meddling wasn't so apparent their story might help sell papers in the future, but as it is, few but the most gullible will pay for a Sunday dead tree edition under such a ruse in the future..." from BluegrassBulletin.com

What is Tarp III?

What is Taryp III?

On May 13, 2010, Rep. Barney Frank (D-MA) introduced H.R. 5297, TARP III. The bill is being promoted as necessary to increase the availability of credit for small businesses. TARP III would create a $30 billion lending fund and authorize the Treasury Secretary to make capital investments in banks with less than $10 billion in assets. Those banks would be charged dividends or interest of 5 percent yearly. Those rates would be reduced based on the bank's level of small business lending. TARP III would also authorize the appropriation of $2 billion to assist states with funding their small business lending and guarantee programs. However, the bill would deepen the nation's debt problems and duplicate the goal of the original $700 billion TARP program. With nearly 10 percent unemployment, the economic leadership of congressional Democrats has proven to be a failure. TARP III and its $32 billion price tag would not be any different

Read More: TARPIII

Senate Bill More than Doubles Tax Rate

Senate Bill More Than Doubles Tax Rate on
Pensions, Charities, and Colleges

"The Senate this week is taking up the tax extenders package. According to the Congressional Budget Office, it raises net taxes by $47.5 billion. Like its House counterpart, this bill is a clear violation of the Taxpayer Protection Pledge. ATR will be keyvoting against this bill in our annual Congressional scorecard.

One provision that's getting a lot of notice is the tax hike on pensions, charities, and colleges (the "carried interest" tax hike). We wrote some background on this for the House bill.

The Senate version slightly changes the tax hike involved. Under the Senate bill, a portion of capital gains from some investment partnership profits will be taxed as ordinary income. What portion depends on the year, and whether the asset in question was held for at least seven years. Here's the percentage of capital gain which will be wrongly treated as ordinary income:"

Read more: http://www.atr.org/senate-bill-more-doubles-tax-rate-a5043#ixzz0qMJR1UMP

Rand Paul on Rush Limbaugh

Rand Paul on Rush Limbaugh today at 1 :00

http://dailypaul.com/node/136967

Todd Lally for Congress

Todd Lally for Congress

"Conservative UPS pilot Todd Lally easily beat out three other Republican challengers in Tuesday night Third District primary to earn the right to challenge Democratic U.S. Rep. John Yarmuth in November. " Lally For Congress

Todd Lally for Congress on Facebook

Barr will face Chandler in Fall race for Congress

Barr will face Chandler in Fall race for congress

"Central Kentucky Republicans chose Garland H. "Andy" Barr on Tuesday to challenge U.S. Rep. Ben Chandler, D-Versailles, in the Nov. 2 election for the 6th Congressional District.

Barr, a Lexington lawyer, easily led the pack of six Republican hopefuls. He raised at least $430,000 in campaign funds, far more than the rest of his rivals put together.

"The message sent tonight by the voters is that Central Kentucky is concerned that Washington is spending too much, that it's fiscally irresponsible, and that it's living beyond its means," Barr said."... read more: Barr will Face Chandler in Fall race for Congress

Pence Denounces Democrat's Latest National Energy Tax

U.S. Congressman Mike Pence, Chairman of the House Republican Conference and the American Energy Solutions Group, released the following statement today after Senate Democrats introduced their latest version of climate legislation:

"In Indiana and across this nation, Americans want Congress to focus on policies that will create jobs. Instead, Democrats are continuing to push a job-killing national energy tax that will cap growth and trade jobs. This measure will force Americans to pay more for essentials like gas and electricity and force businesses to lay off workers; a point recently confirmed by the nonpartisan Congressional Budget Office, which said a cap-and-tax system will lead to higher unemployment and lower wages. This bill is essentially an economic declaration of war on middle America.

"What the American people need is an environmentally-responsible all-of-the-above energy plan that develops American resources, creates jobs, and promotes energy independence. House Republicans continue to offer that plan." Pence Denounces Democrat's Latest National Energy Tax