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Corporations taxed less on U.S. profits than Mitt Romney

Many Americans were shocked last month to learn that Republican presidential candidate Mitt Romney only paid an effective tax rate of 13.8 percent in 2010, but a recent report shows that corporations are paying even less. Corporations in the U.S. paid only an average of 12.1 percent in taxes on…

Catholic univ. backs down, allows lesbians in Valentine’s contest

A Catholic college in in Pennsylvania has reversed their decision not to allow a same sex couple to enter an alumni Valentine’s Day contest. In a posting on Facebook Wednesday, Megan Lynn explained that she and her partner, Katie MacTurk, had entered The Saint Joseph’s University Alumni Association’s “How I…

Komen reverses Planned Parenthood decision

The Susan G. Komen charity has rescinded its decision to withdraw funding from the Planned Parenthood Federation of America (PPFA), under a tidal-wave of criticism alleging that its new criteria for monetary grants was politically motivated. The group released a statement Friday morning explaining that they intend to alter their…

Orrin Hatch: Obama thinks he’s Jesus Christ

Sen. Orrin Hatch (R-UT) is offended that President Barack Obama quoted scripture to make the case for a fairer tax policy. Speaking to a group of mostly-conservative politicians at the annual National Prayer Breakfast on Thursday, the president proved that conservatives do not have a monopoly on using religion to…

Heart-wrenching testimony kills Virginia abortion regulation

A so-called “fetal pain” bill was voted down by a Senate committee in Virginia on Thursday after a woman gave an emotionally gripping testimony about how she decided to terminate a pregnancy after the proposed 20-week cutoff date. Tara Schleifer, 42, told Virginia lawmakers that at week 17 of her…

Top Komen officials resign as Planned Parenthood criticism grows

Three top officials with the Susan G. Komen charity have resigned following the group’s decision to withdraw their funds from the Planned Parenthood Federation of America (PPFA). Mollie Williams, the group’s top public health official, resigned immediately following the board of directors’ decision to pull funding from PPFA, according to…

Romney: I ‘misspoke’ about the poor

A day after insisting that the media had taken his comments about not being concerned for the poor out of context, Republican presidential candidate Mitt Romney shifted positions on Thursday, claiming he simply “misspoke.” On Monday, Romney had told CNN’s Soledad O’Brien that he wasn’t running for president to help…

Oil rises as traders await US jobs report

World oil prices rose Friday on nervous trade ahead of a closely-watched US jobs report to be released later in the day, analysts said. New York’s main contract, West Texas Intermediate (WTI) crude for delivery in March, gained 65 cents to $97.01 a barrel. Brent North Sea crude for March…

Panetta says Israel ‘could strike’ Iran in spring

BRUSSELS — US Defense Secretary Leon Panetta believes there is a “strong likelihood” that Israel will strike Iran’s nuclear installations this spring, the Washington Post said Thursday in an editorial. When asked about the opinion piece by reporters travelling with him to a NATO meeting in Brussels, Panetta brushed it…

Senate passes STOCK Act to end congressional insider trading

In a rare showing of bipartisanship, the Senate voted 93 to 3 on Thursday to approve the Stop Trading on Congressional Knowledge (STOCK) Act, legislation that prohibits lawmakers and their staff from trading stocks based on information they learn during congressional briefings and related work. Sens. Tom Coburn (R-OK), Richard…

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