ALG's Daily Grind - Obama demands unlimited credit, more taxes

Dec. 10, 2012

Obama demands unlimited credit, more taxes

Elimination of debt ceiling would abrogate congressional powers to borrow to the executive.

Video: Unemployment at 7.7 Percent, Is The Jobs Picture Really Getting Better?

A recent jobs statistic shows our employment picture is getting better. However, it is not taking everything into account.

Big Government targets charitable deductions

Americans gave $346.1 billion to charity in 2011, a 7.6 percent increase from the previous year, but that may be coming to an end, if Obama kills the tax deduction for charitable giving.

Fewer Americans employed, unemployment rate drops

The unemployment rate dropped from 7.9 to 7.7 percent. The economy must be booming.

Only one problem: the same report shows that 122,000 fewer Americans were employed in November than in October.