WASHINGTON — Less than two hours before a planned speech by the president, top Republicans said they will not support any debt-reduction plan that includes a tax increase. The line reignites a recent debate over how the government should is…
Tag: bush tax cuts
Mississippi seceded from the Union 150 years ago this week (Jan. 9). But the intermittent, sometimes bitter, argument over whether the Civil War was “about slavery” again is the focus of public debate.Read More…
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NEW HAVEN — There are, it seems, only two major issues that have a set time frame for political brinkmanship between the White House and Congressional Republicans. The Bush tax cuts will make for an interesting election-year dynamic when th…
WASHINGTON — The massive new tax bill signed into law by President Barack Obama is filled with all kinds of holiday stocking stuffers for businesses: tax breaks for producing TV shows, grants for putting up windmills, rum subsidies for…
Liberals may feel that the compromise negotiated by President Barack Obama is a kick in the teeth, but the debate over Bush-era tax cuts has offered progressives a needed rallying point the month after devastating election losses, re-energiz…
While it is certainly true that Obama has acquiesced on his principled stand against doling out unnecessary tax cuts to the rich, he’s not the only one. In fact, John McCain was once a crusader against the Bush tax cuts for the wealthy.Read …
WASHINGTON — President Barack Obama is predicting congressional approval of the tax-cutting compromise he has reached with Republican leaders, but he’s not ruling out that unhappy Democrats will make some changes in the mammoth legisla…
The new tax cut deal in Washington would curb unemployment at a far higher cost than if the government were to create jobs directly, according to an analysis of its potential effects.What’s more, predictions about the program’s benefit to th…
WASHINGTON — Hoping to build support for the tax-cut deal that the president reached with Congressional Republicans, the White House has begun pressing Hill Democrats with polling data showing that extending the tax rates for the rich is po…
KOKOMO, Indiana: President Barack Obama said on Tuesday the United States must extend tax cuts for the middle class but could not afford to do so for the wealthy, laying out his position before next week’s meeting on the issue with Republica…
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Millionaires To Obama: Tax Us
More than 40 of the nation’s millionaires have joined Patriotic Millionaires for Fiscal Strength to ask President Obama to discontinue the tax breaks established for them during the Bush administration, as Salon reports.Read More…
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Republican firebrand Rep. Michele Bachmann (Minn.) said Tuesday morning that she would be willing to broker a compromise on the extension of the Bush Tax Cuts, but only if it is not attached to a bill that would require more spending — incl…
WASHINGTON — Just as Senate Minority Mitch McConnell (R-Ky.) has attempted to lower expectations in recent days by saying that Republicans can’t really accomplish anything unless President Obama is voted out of office in 2012, so too did Re…
