Today’s Water Cooler lineup of off the beaten path online stories are: Public-sector unions bleed taxpayers to help Dems, and Geithner says U.S. will ‘never’ lose its top AAA debt rating.
- Townhall: Public-sector unions bleed taxpayers to help Dems
Last month, the Labor Department reported that private-sector unions lost 834,000 members last year and now represent only 7.2 percent of private-sector employees. That’s down from the all-time peak of 36 percent in 1953-54.
- Business Week: Geithner says U.S. will ‘never’ lose its top Aaa debt rating
Treasury Secretary Timothy F. Geithner said the U.S. isn’t in danger of losing its Aaa debt rating even though the Obama administration has predicted a $1.6 trillion budget deficit in 2010.
WCAX: Vermont tax repeal effort draws controversy
As the Vermont legislature struggles to find $150 million worth of budget cuts this year, an attempt to roll back two tax increases is running into opposition. At issue are the capital gains and estate taxes, primarily affecting upper income Vermonters. But there’s evidence that the two taxes are driving wealthier residents out of state to places like Florida.