Page 4 - Dan Ettinger News Today

the house passes the tax cut deal and harry reid is forced to pull his omnibus spending monster in the face of certain defeat. could things really be changing in washington? and governors wage war on public sector unions, bloated pay, pensions, threaten to bankrupt certain states. welcome to the journal, editorial report, im paul gigot. obama care face add major setback, that the americans perfect insurance, or pay a penlty was, you know, constitutional, exceeds the authority granted t...

Support. most importantly, the sort of 10 billion dollars, 26 billion went to teachers, who are all unionized and that money will, a lot will come back to democrats this fall. in the form of campaign donations. >> really, just puts off the day of reckoning for the states though, dan. the states are getting their third or fourth bailout here in the last couple of years, so they dont have to actually make the difficult decisions. theyre all priority setting of what to cut and what to keep. >> well...

Would give states 10 billion dollars for education programs and 16 billion to help cover the medicaid budgets in the first six months of next year. democratic congress woman rosa delaura of connecticut in voting for the bill said this is a bitter pill to swallow. as you can imagine for me personally, its like sophies choice. you may remember that later made into a movie starring meryl streep. a mother forced by the nazis to choose between her two children. >> the congress comparing spending cuts...

More than that. >> this reflects, if you ask me, matt. the power that government workers unions have in negotiating with political officials, because calipers is represented, run by people, politicians either by union official representatives or politicians, support of unions. so they have an incentive to go along with the big pay days and then put off the day of reckoning where taxpayers as they are now in california are going to have to take out of their own annual tax payments money to fill t...

would give states 10 billion dollars for education programs and 16 billion to help cover the medicaid budgets in the first six months of next year. democratic congress woman rosa delaura of connecticut in voting for the bill said this is a bitter pill to swallow. as you can imagine for me personally, its like sophies choice. you may remember that later made into a movie starring meryl streep. a mother forced by the nazis to choose between her two children. >> the congress comparing spe...

Support. most importantly, the sort of 10 billion dollars, 26 billion went to teachers, who are all unionized and that money will, a lot will come back to democrats this fall. in the form of campaign donations. >> really, just puts off the day of reckoning for the states though, dan. the states are getting their third or fourth bailout here in the last couple of years, so they dont have to actually make the difficult decisions. theyre all priority setting of what to cut and what to keep. >> well...

>> dan. >> well, you know, the people out in front of the bell city council meeting most are mex man americans and now what they were shouting in spanish gets out, im with them. >> paul: kim, does jerry brown, can he make this an opportunity, hes running for governor now, right. >> yeah. >> so hes got to look like hes on this case. is he proposing enough reform to be credible in the governors race? >> not at all. hes proposing traditional things, were going to raise retirement rates. were going ...

would give states 10 billion dollars for education programs and 16 billion to help cover the medicaid budgets in the first six months of next year. democratic congress woman rosa delaura of connecticut in voting for the bill said this is a bitter pill to swallow. as you can imagine for me personally, its like sophies choice. you may remember that later made into a movie starring meryl streep. a mother forced by the nazis to choose between her two children. >> the congress comparing spe...

You could soon be on the hook for poorly managed union pension plans. the democrat is gathering support for his create jobs and save benefits act. a bill that would transfer tens of billions of dollars worth of retiree liabilities to the pension benefit guarantee corporation backed by, you guessed it, u.s. taxpayers. the total tab could reach tens of billions of dollars. wall street journal columnist and dewpoint editor dan ettinger join us and mary ogrady and washington columnist kim strassel. ...

year. economist art laffer says the threat of a double dip recession is real. he joins me now from nashville. good to have you back on the program. >> thank you, pall, its a pleasu pleasure. >> kelly: . >> paul: youre typically an optimist. >> yes, i am. >> paul: why the doom and gloom now? >> well, president obama has, you know, when he took office, did not repeal bushs tax cuts, but let them expire which means on january 1st, 2011 tax increases estate taxes, person income, off shore ...