Obama Calls for Highest Sustained Taxation in U.S. History

(CNSNews.com) – In the budget proposal he presented to Congress last month, President Barack Obama called for what would be the highest level of sustained taxation ever imposed on the American people, according to the analysis published last week by the Congressional Budget Office.

Under Obama’s proposal, taxes would rise from 17.6 percent of Gross Domestic Product in 2014 to 19.2 percent in 2024. During the ten years from 2015 to 2024, federal taxation would average 18.7 percent GDP.

America has never been subjected to a ten-year stretch of taxation at that level. Continue reading

Once known as America’s ‘ace in the hole,’ US nuclear missiles are now a force in distress

 

WASHINGTON — The hundreds of nuclear missiles that have stood war-ready for decades in underground silos along remote stretches of America, silent and unseen, packed with almost unimaginable destructive power, are a force in distress, if not in decline.

They are still a fearsome superpower symbol, primed to unleash nuclear hell on a moment’s notice at any hour of any day, capable of obliterating people and places halfway around the globe if a president so orders.

But the number of intercontinental ballistic missiles, or ICBMs, is dwindling, their future defense role is in doubt, and missteps and leadership lapses documented by The Associated Press this year have raised questions about how the force is managed. Continue reading