Informative Links for November 2, 2012

Article posted on November 2nd, 2012 by WhatAmIMissingHere

New York State Asks Washington to Cover All Storm Costs – Reuters   “New York State  on Wednesday asked the U.S. federal government to pay all the costs of cleaning up and repairing damage from massive storm Sandy that tore through the Northeast this week and crippled New York City.Governor Andrew Cuomo said he is asking fellow Democrat, President Barack Obama, to pay 100 percent of the estimated $6 billion bill, at a time that state and local government budgets remain constrained by a weak economic recovery.”

New Obamacare Tax Form Mandates Americans Report Personal Health ID Info to IRS – Americans for Tax Reform  “When Obamacare’s individual mandate takes effect in 2014, all Americans who file income tax returns must complete an additional IRS tax form. The new form will require disclosure of a taxpayer’s personal identifying health information in order to determine compliance with the Affordable Care Act’s individual mandate. Simply put, there is no way for the IRS to enforce Obamacare’s individual mandate without such an invasive reporting scheme.  Every January, health insurance companies across America will send out tax documents to each insured individual.  This tax document—a copy of which will be furnished to the IRS—must contain sufficient information for taxpayers to prove that they purchased qualifying health insurance under Obamacare.”

Two-Thirds of Jobs Go to Immigrants During Obama’s Four Years – Washington Times  “Two-thirds of those who have found employment under President Obama are immigrants, both legal and illegal, according to an analysis that suggests immigration has soaked up a large portion of what little job growth there has been over the past three years. … ‘It’s extraordinary that most of the employment growth in the last four years has gone to the foreign-born, but what’s even more extraordinary is the issue has not even come up during a presidential election that is so focused on jobs,’ said Steven A. Camarota, the center’s research director.”

Greece Running Out of Cash; Government Under Threat – CNBC  “Greece’s downward spiral has come to the top of the euro zone agenda again, with economists and analysts warning that it is closer than ever to running out of cash, and that the survival of a coalition government brought in just five months ago is under threat. … Greece is likely to receive its next disbursement of aid only because it’s in everybody’s interest to keep Greece ticking over until the next review. This is ‘muddling through’ in its purest form.”

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