Hotspring 44
08-24-2010, 07:40 PM
<link rel="File-List" href="file:///C:%5CDOCUME%7E1%5CSH%5CLOCALS%7E1%5CTemp%5Cmsohtml1%5C01%5Cclip_filelist.xml"><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><style> <!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} a:link, span.MsoHyperlink {color:blue; text-decoration:underline; text-underline:single;} a:visited, span.MsoHyperlinkFollowed {color:purple; text-decoration:underline; text-underline:single;} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} --> </style><!--[if gte mso 10]> <style> /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} table.MsoTableGrid {mso-style-name:"Table Grid"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; border:solid windowtext 1.0pt; mso-border-alt:solid windowtext .5pt; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-border-insideh:.5pt solid windowtext; mso-border-insidev:.5pt solid windowtext; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} </style> <![endif]--> Here is a parallel of what will (is) happen (happening?) here if (as?) republicans get the house and or congress, or even (still) have partisan filibuster/s after the mid-term 2010 elections:
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<!--[if gte mso 9]><xml> <u1:WordDocument> <u1:View>Normal</u1:View> <u1:Zoom>0</u1:Zoom> <u1:PunctuationKerning/> <u1:ValidateAgainstSchemas/> <u1:SaveIfXMLInvalid>false</u1:SaveIfXMLInvalid> <u1:IgnoreMixedContent>false</u1:IgnoreMixedContent> <u1:AlwaysShowPlaceholderText>false</u1:AlwaysShowPlaceholderText> <u1:Compatibility> <u1:BreakWrappedTables/> <u1:SnapToGridInCell/> <u1:WrapTextWithPunct/> <u1:UseAsianBreakRules/> <u1:DontGrowAutofit/> </u1:Compatibility> <u1:BrowserLevel>MicrosoftInternetExplorer4</u1:BrowserLevel> </u1:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <u2:LatentStyles DefLockedState="false" LatentStyleCount="156"> </u2:LatentStyles> </xml><![endif]--><u3:p></u3:p> <u3:p></u3:p> <table class="MsoTableGrid" style="border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0"> <tbody><tr style=""> <td style="border: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> Article from BBC: 24 August 2010 Last updated at 19:15 ET
<u3:p></u3:p>Budget hits the poorest hardest, says... (https://www.bbc.co.uk/news/business-11079496)
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<u3:p></u3:p>The new coalition government's emergency Budget announced in June has hit the poorest families hardest, a leading economic think tank says.
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<u3:p></u3:p>The Institute for Fiscal Studies (IFS) said the measures announced in the Budget were "regressive".
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<u3:p></u3:p>Its analysis suggests the poorest households are set to lose the most as a precentage of net income due to benefit cuts announced in the Budget.
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<u3:p></u3:p>The Treasury said it did not accept the "selective" findings of the IFS.
<u3:p></u3:p>Housing costs
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<u3:p></u3:p>The IFS had already challenged the government's claim that the Budget was "progressive".
<u3:p></u3:p>Its analysis suggests that cuts to areas such as housing benefit and disability allowance would hit the poorest families to the tune of £422 between the Budget and April 2014.
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<u3:p></u3:p>This means that only the richest 10% of households lost more in cash terms from the budget, than those in the bottom 10%.
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<u3:p></u3:p>The report also questioned the government's decision to use the Consumer Price Index (CPI) instead of the Retail Price Index (RPI) when calculating certain benefits.
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<u3:p></u3:p>It said that more than three-quarters of benefit claimants were affected by increases in housing costs, which are included in the RPI.
<u3:p></u3:p>'Selective analysis'
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<u3:p></u3:p>The shadow work and pensions secretary Yvette Cooper accused the government of carrying out a "shocking and unfair attack on children and families".
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<u3:p></u3:p>"The idea that the poorest families with children should end up being hit hardest is appalling and gives lie to [Chancellor] George Osborne's claim it was a progressive budget," she said.
<u3:p></u3:p>
<u3:p></u3:p>A spokesman for the Treasury said: "The government does not accept the IFS analysis.
<u3:p></u3:p>"It is selective, ignoring the pro-growth and employment effects of Budget measures - such as helping households move from benefits into work, and reductions in corporation tax."<o:p></o:p>
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:vote::vote1::anyone::vote1::vote:
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<!--[if gte mso 9]><xml> <u1:WordDocument> <u1:View>Normal</u1:View> <u1:Zoom>0</u1:Zoom> <u1:PunctuationKerning/> <u1:ValidateAgainstSchemas/> <u1:SaveIfXMLInvalid>false</u1:SaveIfXMLInvalid> <u1:IgnoreMixedContent>false</u1:IgnoreMixedContent> <u1:AlwaysShowPlaceholderText>false</u1:AlwaysShowPlaceholderText> <u1:Compatibility> <u1:BreakWrappedTables/> <u1:SnapToGridInCell/> <u1:WrapTextWithPunct/> <u1:UseAsianBreakRules/> <u1:DontGrowAutofit/> </u1:Compatibility> <u1:BrowserLevel>MicrosoftInternetExplorer4</u1:BrowserLevel> </u1:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <u2:LatentStyles DefLockedState="false" LatentStyleCount="156"> </u2:LatentStyles> </xml><![endif]--><u3:p></u3:p> <u3:p></u3:p> <table class="MsoTableGrid" style="border-collapse: collapse;" border="0" cellpadding="0" cellspacing="0"> <tbody><tr style=""> <td style="border: 1pt solid windowtext; padding: 0in 5.4pt;" valign="top"> Article from BBC: 24 August 2010 Last updated at 19:15 ET
<u3:p></u3:p>Budget hits the poorest hardest, says... (https://www.bbc.co.uk/news/business-11079496)
<u3:p></u3:p>
<u3:p></u3:p>The new coalition government's emergency Budget announced in June has hit the poorest families hardest, a leading economic think tank says.
<u3:p></u3:p>
<u3:p></u3:p>The Institute for Fiscal Studies (IFS) said the measures announced in the Budget were "regressive".
<u3:p></u3:p>
<u3:p></u3:p>Its analysis suggests the poorest households are set to lose the most as a precentage of net income due to benefit cuts announced in the Budget.
<u3:p></u3:p>
<u3:p></u3:p>The Treasury said it did not accept the "selective" findings of the IFS.
<u3:p></u3:p>Housing costs
<u3:p></u3:p>
<u3:p></u3:p>The IFS had already challenged the government's claim that the Budget was "progressive".
<u3:p></u3:p>Its analysis suggests that cuts to areas such as housing benefit and disability allowance would hit the poorest families to the tune of £422 between the Budget and April 2014.
<u3:p></u3:p>
<u3:p></u3:p>This means that only the richest 10% of households lost more in cash terms from the budget, than those in the bottom 10%.
<u3:p></u3:p>
<u3:p></u3:p>The report also questioned the government's decision to use the Consumer Price Index (CPI) instead of the Retail Price Index (RPI) when calculating certain benefits.
<u3:p></u3:p>
<u3:p></u3:p>It said that more than three-quarters of benefit claimants were affected by increases in housing costs, which are included in the RPI.
<u3:p></u3:p>'Selective analysis'
<u3:p></u3:p>
<u3:p></u3:p>The shadow work and pensions secretary Yvette Cooper accused the government of carrying out a "shocking and unfair attack on children and families".
<u3:p></u3:p>
<u3:p></u3:p>"The idea that the poorest families with children should end up being hit hardest is appalling and gives lie to [Chancellor] George Osborne's claim it was a progressive budget," she said.
<u3:p></u3:p>
<u3:p></u3:p>A spokesman for the Treasury said: "The government does not accept the IFS analysis.
<u3:p></u3:p>"It is selective, ignoring the pro-growth and employment effects of Budget measures - such as helping households move from benefits into work, and reductions in corporation tax."<o:p></o:p>
</td> </tr> </tbody></table> <o:p> </o:p>
<u3:p></u3:p>
:vote::vote1::anyone::vote1::vote: