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ED KOCH COMMENTARY: My Statement of Support for the Reelection of President Barack Obama By EDWARD I. KOCH
The campaign for president – to be decided in the election in November 2012 – is going to be decided, most people believe, by the state of the economy and its impact on each of us as we enter the voting booth. I believe while the economy will hold a high priority with the voters, they will consider domestic policies …
Current Commentary: Death Is Still Certain; Taxes Not So Much By LARRY M. ELKIN
At the founding of this country, Benjamin Franklin said that despite the promise that the new Constitution would endure, only two things could truly be certain in the newly United States of America: death and taxes. The death rate continues to hold at 100 percent, as The Onion once entertainingly reported. But for about half of the country, taxes – …
DiNapoli’s Bill Targeting Pension Abuse Passed by State Legislature
ALBANY, NY — The New York State Legislature passed legislation Monday night, June 20, 2011, to boost State Comptroller Thomas P. DiNapoli’s ability to catch those who abuse the state pension system. The bill grants the Comptroller’s office access to State Department of Taxation and Finance's wage reporting system to identify New York State and Local Retirement System retirees working …
Current Commentary: Creative Financing For Uncle Sam BY Larry M. Elkin
Check the national debt clock: Our federal debt is $13.3 trillion, next year’s budget is $1 trillion in the red, and we have unfunded commitments for Social Security, health care and other programs as far as the eye can see. Is the United States already insolvent? Yes, according to a recent Bloomberg column by Boston University economics professor Laurence J. Kotlikoff. After …
Hall Celebrates Social Security’s 75th Birthday with Seniors in Monroe
Monroe, NY, August 12, 2010 — Congressman John Hall (NY-19) joined Hudson Valley seniors at the Monroe Senior Center in Monroe to celebrate the 75th Birthday of the Social Security Program. More than 50 million Americans rely on Social Security’s guaranteed benefits for retirement security or to make ends meet, put food on the table and stay in their homes.