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and penn state's president, graham spannier, released a statement reading in part -- the allegations about a former coach are troubling and it is appropriate that they be investigated thoroughly. protecting children requires the utmost vigilance. tim curley, and gary schultz operate at the highest levels of honesty, integrity and compassion. i am confident the record will show that these charges are groundless and that they conducted themselves professionally and appropriately. penn state's legendary head football coach, joe petrir pate not facing any charges. he did alert tim curley...

Either we gut education and medical research or we have to reform the tax code so that most profitable corporations have to give up tax loopholes that other companies don't get. we can't afford to do both. this is not class warfare. it's math. >> time for the math. that was president obama today making the argument that deficit reduction legislation should include corporate tax revenue increases. the proposal the president outlined includes $1.5 trillion in new revenue through a combination of allowing the bush tax cuts to expire for individuals who make more than $200,000 per year and familie...

Combination of allowing the bush tax cuts to expire for individuals who make more than $200,000 per year and families who make more than $250,000 per year. as well as limiting tax deductions for high income earners and closing corporate loopholes and tax breaks. the president's proposals provoked a chorus of simple-minded attacks from the republican presidential candidates relying on slogans, not facts. mitt romney released a statement reading, "president obama's plan to raise taxes will have a crushing impact on economic growth. higher taxes mean fewer jobs. it's that simple." wrong, mitt. mi...

Not facts. mitt romney released a statement reading, "president obama's plan to raise taxes will have a crushing impact on economic growth. higher taxes mean fewer jobs. it's that simple." wrong, mitt. michele bachmann wrote, "mr. president, you don't create jobs by increasing taxes on job creators. the president's plan to raise taxes on the american people is the wrong policy to create economic growth and jobs." also wrong. rick perry went with, "president obama's plan is a bait and switch that offers more than $1 trillion in higher taxes for a promise of temporary tax relief. the president p...

The government moving. and they ought to be paying their fair share. >> those comments provoked president obama to send a letter to congressional leaders today, urging immediate action on eliminating $4 billion in tax breaks for the oil and gas industry and using those revenues to invest in clean energy. he also embraced his fellow republican colleagues' support. i was heartened that speaker boehner spoke with openness to reducing these subsidies. i hope we can come together in a bipartisan manner to get it done. brendan buck, a boehner spokesman dashed the president's hope. almost immediately...