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April 21, 2014

Andrew Silow-Carroll: Passoverkill? Suggestions to make next year's seders even more culturally sensitive

Sara Israelsen Hartley: Seeking the Divine: An ancient connection in a new context

Christine M. Flowers: Priest's execution in Syria should be call to action

Courtnie Erickson: How to help kids accept the poor decisions of others

Lizette Borreli: A Glass Of Milk A Day Keeps Knee Arthritis At Bay

Lizette Borreli: 5 Health Conditions Your Breath Knows Before You Do

The Kosher Gourmet by Betty Rosbottom Coconut Walnut Bars' golden brown morsels are a beautifully balanced delectable delight

April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review May 25, 2011/ 21 Iyar, 5771

Battle of the Budgets

By John Stossel




http://www.JewishWorldReview.com | Since America is on the road to bankruptcy, we've got to make some changes. What would you do?

The Peter G. Peterson Foundation gave $200,000 to six think tanks to write budget proposals. The money went to the conservative American Enterprise Institute and Heritage Foundation; the "liberal" Center for American Progress, Economic Policy Institute and Roosevelt Institute Campus Network; and the Bipartisan Policy Center.

On my next Fox Business show, representatives from most of these think tanks will summarize their proposals, and I'll have the audience pick its favorite. It's a "Battle of the Budgets." The winner will get one of the Emmys I won during my days as a consumer reporter. I know, it's corny, but I produce a TV program. If the subject is budgets, I'll use any gimmick to make it interesting.

The proposals:

The American Enterprise Institute plan would reduce the debt-to-gross-domestic-product ratio to 60 percent. It's 68 percent now.

AEI would preserve most military spending, but cut Social Security by giving every retiree an $850 monthly check and not letting 62- to 65-year-olds collect benefits early. The payroll tax would be eliminated on people 62 and older to encourage them to stay in the workforce. The age for Medicare would rise to 67, and the program would be revamped into a government subsidy for private insurance. AEI would eliminate farm subsidies and the child tax credit. AEI would replace all current taxes with a consumption tax like the "Fair Tax."

The Bipartisan Policy Center plan would cut the debt to about 50 percent of GDP within 25 years. It would freeze military and discretionary spending, require people with incomes over $106,000 to pay more into Social Security and "slightly" reduce benefits for the wealthy. Medicare spending growth would be limited to the GDP increase plus 1 percent. Beneficiaries could move to private plans.

The center would cut the top corporate tax rate from 35 percent to 27 percent and establish a new 6.5 percent "Debt Reduction Sales Tax."

Yikes! A new tax! I'm reminded of Milton Friedman's words: "Nothing is so permanent as a temporary government program."

The Roosevelt Institute claims to reduce our debt to 63 percent of GDP. The plan would cut spending by ending the Iraq and Afghanistan wars by 2015, but make no cuts in Social Security, Medicare or Medicaid. The institute wants more spending on "domestic investment" -- universal preschool, the safety net, transportation and worker retraining. Roosevelt's tax plan would cut corporate rates by 3 percentage points, but create a new "too big to fail" tax on banks and impose a new "financial transactions" tax.

Under the Economic Policy Institute's plan, jointly written with Demos (demos.org), our debt would increase to 90 percent of GDP. Military spending would be cut by $960 billion over 10 years. People making over $106,000 would pay more into Social Security, but Medicare and Medicaid would not be touched. The plan calls for $84 billion a year more in discretionary spending than President Obama wants -- more for early childhood education, child care, public transit, rural broadband connectivity, and research and development.

EPI and Demos would repeal the George W. Bush tax cuts on high-income people; enact a 50 percent tax on estates worth over $10 million, a financial speculation tax, and a surcharge on top earners; tax capital gains and dividends as ordinary income; and increase the gasoline tax. It's good to hear what liberals would do if they were in power.

Finally, the Heritage Foundation plan is the only one that would actually balance the budget. Federal spending would gradually drop to 18.5 percent of GDP, below the modern average. Heritage would preserve most military spending, but Social Security and Medicare benefits would be phased out for individuals making over $110,000 a year. The eligibility age would rise to 68 and then be indexed to life expectancy.

Heritage would replace all taxes with a simple flat income tax, with deductions remaining for higher education, charitable donations/gifts and mortgage insurance.

As a libertarian, I'm underwhelmed. This year, our government will spend an astounding $3.8 trillion. We need to eliminate entire agencies, departments and missions. None of these think tanks do that.

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