Contract From America
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Contract From America
The Contract from America was the idea of Houston-based attorney Ryan Hecker. Hecker states that he developed the concept of creating a grassroots call for reform prior to the April 15, 2009 Tax Day Tea Party rallies. To get his idea off the ground, he launched a website which encouraged people to offer possible planks for the contract. Hecker told ''The New York Times'', "Hundreds of thousands of people voted for their favorite principles online to create the Contract as an open-sourced platform for the Tea Party movement. The agenda had the imprint of everyday citizens every step of the way (in the online voting process)." Hecker said the Republicans' 1994 Contract with America represented the nation's last intellectual economic conservative movement, but the new list, he said, was "created from the bottom up. It was not crafted in Washington with the help of pollsters." From the original 1,000 ideas which were submitted, Hecker reduced it to about 50 based on popularity ...
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Houston
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions of ...
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Patient Protection And Affordable Care Act
The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act and colloquially known as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act of 2010 amendment, it represents the U.S. healthcare system's most significant regulatory overhaul and expansion of coverage since the enactment of Medicare and Medicaid in 1965. The ACA's major provisions came into force in 2014. By 2016, the uninsured share of the population had roughly halved, with estimates ranging from 20 to 24 million additional people covered. The law also enacted a host of delivery system reforms intended to constrain healthcare costs and improve quality. After it went into effect, increases in overall healthcare spending slowed, including premiums for employer-based insurance plans. The increased coverage was ...
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Mike Lee (Utah Politician)
Michael Shumway Lee (born June 4, 1971) is an American lawyer and politician serving as the senior United States senator from Utah, a seat he has held since 2011. He is a member of the Republican Party. Lee began his career as a clerk for the U.S. District Court for the District of Utah before clerking for Samuel Alito, who was then a judge on the Third Circuit Court of Appeals. From 2002 to 2005, Lee was an assistant United States attorney for the District of Utah. He joined the administration of Utah Governor Jon Huntsman, serving as the general counsel in the governor's office from 2005 to 2006. Lee again clerked for Alito after he was appointed to the U.S. Supreme Court. In 2010, during the Tea Party movement, Lee entered the party caucus process to challenge incumbent three-term Republican senator Bob Bennett. He promised that, if elected, he would serve no more than two terms. He defeated Bennett and business owner Tim Bridgewater during the nominating process at the ...
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The Washington Post Company
Graham Holdings Company (formerly The Washington Post Company) is a diversified American conglomerate holding company. Headquartered in Arlington County, Virginia, and incorporated in Delaware, it was formerly the owner of ''The Washington Post'' newspaper and ''Newsweek'' magazine. Its current holdings include the digital marketing company SocialCode, the online magazine ''Slate'', Graham Media Group (formerly Post-Newsweek Stations), a group of seven television stations, higher education company Kaplan, content and marketplace company Leaf Group, and the now-defunct Trove (formerly WaPo Labs)—the developers of a news reader app. Graham Holdings Company also owned cable television and internet service provider Cable One until it was spun off in 2015. Corporate history The history of Graham Holdings Company dates back to 1877, when the ''Post'' was first published. The Washington Post Company was incorporated in the District of Columbia in 1889, and remained a District of ...
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John Boehner
John Andrew Boehner ( ; born , 1949) is an American retired politician who served as the 53rd speaker of the United States House of Representatives from 2011 to 2015. A member of the Republican Party, he served 13 terms as the U.S. representative for from 1991 to 2015. The district included several rural and suburban areas near Cincinnati and Dayton. Boehner previously served as the House Minority Leader from 2007 until 2011, and House Majority Leader from 2006 until 2007. In January 2011, he was elected Speaker. Boehner resigned from the House of Representatives in October 2015 due to opposition from within the Republican caucus. In September 2016, Squire Patton Boggs, the third-largest lobbying firm in the U.S., announced that Boehner would join their firm. It was also announced that he would become a board member of Reynolds American. Early life and education Boehner was born in Reading, Ohio, the son of Mary Anne (''née'' Hall; 1926–1998) and Earl Henry Boeh ...
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Pledge To America
The Pledge to America is a list of proposed legislative items that the Republican Party promised to pursue in the 112th Congress if Republicans gained a majority of the seats in the U.S. House of Representatives in the November 2010 election. The Pledge to America was written by Rep. Kevin McCarthy's staffer Brian Wild at the behest of House Republican leaders. The Pledge to America was publicly released on September 23, 2010, at a hardware store in Sterling, Virginia. Main points The pledge criticized the Obama administration, stating that "An arrogant and out-of-touch government of self-appointed elites makes decisions, issues mandates, and enacts laws without accepting or requesting the input of the many". It lists a number of issues, along with the Republican plan to solve them. In the pledge, Republicans call for: * Extending the temporary tax cuts passed under President George W. Bush in 2001 and 2003 for all taxpayers, including those for those earning over $200,0 ...
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Tea Party Patriots
The Tea Party Patriots is an American conservative political organization founded in 2009 as part of the Tea Party movement. It is known for organizing citizen opposition to the Affordable Care Act during the presidency of Barack Obama, and more recently for supporting President Donald Trump. In 2020, Tea Party Patriots hosted and funded the "America's Frontline Doctors" event promoting use of the drug hydroxychloroquine as a cure to COVID-19. In 2021, Tea Party Patriots was among 11 groups listed on the website of the "March to Save America", the pro-Trump rally that led to the storming of the United States Capitol. History Obama years, 2009–2017 Rick Santelli, an editor for the CNBC Business News network, is credited as being a catalyst in the early formation of the Tea Party movement through a statement he made on February 19, 2009. The organization was founded by Jenny Beth Martin, Mark Meckler, and Amy Kremer in March 2009. Tea Party Patriots was a co-sponsor o ...
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Estate Tax In The United States
The estate tax in the United States is a federal tax on the transfer of the estate of a person who dies. The tax applies to property that is transferred by will or, if the person has no will, according to state laws of intestacy. Other transfers that are subject to the tax can include those made through a trust and the payment of certain life insurance benefits or financial accounts. The estate tax is part of the federal unified gift and estate tax in the United States. The other part of the system, the gift tax, applies to transfers of property during a person's life. In addition to this federal estate tax, many states have enacted similar taxes. These taxes may be termed " inheritance taxes" to the extent the tax is payable by a person who inherits money or property of a person who has died, as opposed to an estate tax, which is a levy on the estate (money and property) of a person who has died. The estate tax is often the subject of political debate, and opponents call it ...
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Capital Gains Tax In The United States
In the United States of America, individuals and corporations pay U.S. federal income tax on the net total of all their capital gains. The tax rate depends on both the investor's tax bracket and the amount of time the investment was held. Short-term capital gains are taxed at the investor's ordinary income tax rate and are defined as investments held for a year or less before being sold. Long-term capital gains, on dispositions of assets held for more than one year, are taxed at a lower rate. Current law The United States taxes short-term capital gains at the same rate as it taxes ordinary income. Long-term capital gains are taxed at lower rates shown in the table below. ( Qualified dividends receive the same preference.) However, taxpayers pay no tax on income covered by deductions: the standard deduction (for 2022: $12,950 for an individual return, $19,400 for heads of households, and $25,900 for a joint return), or more if the taxpayer has over that amount in itemized ...
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Income Tax In The United States
Income taxes in the United States are imposed by the federal government, and most states. The income taxes are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed (with some exceptions in the case of Federal income taxation), but their partners are taxed on their shares of partnership income. Residents and citizens are taxed on worldwide income, while nonresidents are taxed only on income within the jurisdiction. Several types of credits reduce tax, and some types of credits may exceed tax before credits. An alternative tax applies at the federal and some state levels. In the United States, the term "payroll tax" usually refers to FICA taxes that are paid to fund Social Security and Medicare, while "income tax" refe ...
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Earmark (politics)
An earmark is a provision inserted into a discretionary spending appropriations bill that directs funds to a specific recipient while circumventing the merit-based or competitive funds allocation process. Earmarks feature in United States Congress spending policy, and they are present in public finance of many other countries as a form of political particularism. Etymology "Earmark" comes from the livestock term, where the ears of domestic animals were cut in specific ways so that farmers could distinguish their stock from others grazing on public land. In particular, the term comes from earmarked hogs where, by analogy, pork-barreled legislation would be doled out among members of the local political machine. Definitions In 2006 the Congressional Research Service (CRS) compiled a report on the use of earmarks in thirteen Appropriation Acts from 1994 through 2005 in which they noted that there was "not a single definition of the term earmark accepted by all practitioners and o ...
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Energy Source
Energy development is the field of activities focused on obtaining sources of energy from natural resources. These activities include production of renewable, nuclear, and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted. Energy conservation and efficiency measures reduce the demand for energy development, and can have benefits to society with improvements to environmental issues. Societies use energy for transportation, manufacturing, illumination, heating and air conditioning, and communication, for industrial, commercial, and domestic purposes. Energy resources may be classified as primary resources, where the resource can be used in substantially its original form, or as secondary resources, where the energy source must be converted into a more conveniently usable form. Non-renewable resources are significantly depleted by human use, whereas renewable resources are produced by ongoing processes that can susta ...
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