Excerpt: How much do we as taxpayers actually owe because of commitments politicians have made on our behalf? Turns out, the answer is not as simple as you might think. … If we also include promises being made to all the young people who are currently paying (FICA) payroll taxes, the total climbs to nearly $84 trillion.
CHART: Obamacare Now Estimated to Cost 2.6 Trillion in First Decade. By Daniel Halper
Excerpt: The latest estimate, as the chart details, is that Obamacare will cost $2.6 trillion dollars in its first real decade. The bill does not fully go into effect until 2014, therefore the estimate begins with that year.
Rubio Blasts Obama for Downplaying Venezuelan Leader Hugo Chavez's Impact on Region.
Excerpt: "It’s now disturbingly clear that President Obama has been living under a rock when it comes to recognizing the national security threat posed by Venezuela’s Hugo Chavez," Rubio, a Florida Republican, said in a statement to Fox News. "President Obama continues to display an alarmingly naïve understanding of the challenges and opportunities we face in the Western Hemisphere," Rubio said.