Posts Tagged ‘House Speaker John Boehner’

Democratic leader willing to send America off financial cliff

Washington Senator says worth it to tax the rich by Peter Grady –   A leading Democratic Senator from Washington has said her party needs to be willing to stand firm on extending tax cuts for individuals, including small business owners making over $250,000 even if it means raising taxes on all Americans, despite concerns [...]

Tags: , , , , , , , , , , , , , , , , , , ,

Obama, Senate Dems reject 1 year payroll tax cut

Refuses to reconcile bills in conference committee, insisting on 2 month extension instead by Jack Minor – The Obama administration is standing firm on its rejection of a 1 year extension of the payroll tax cut, insisting instead that Republicans adopt a mere two month extension of the tax. The payroll tax cut involves the [...]

Tags: , , , , , , , , , , , , , , , , , , ,

Obama scuttling payroll tax cut extension

by Peter Grady – After repeated calls for an extension of the payroll tax cut, President Obama is now the one standing in the way of extending the cut. For weeks, Obama has been pressing for an extension of the payroll tax cut, which working Americans supposedly pay into the social security trust fund. In [...]

Tags: , , , , , , , , , , , , , , , , , , ,

Obama threatens to veto only plan that could preserve government bond rating

Moody’s says cut, cap and balance only plan that could prevent negative outlook on triple-A rating     by Jack Minor   President Obama threatened to veto the only debt-reduction proposal that meets Moody’s criteria for avoiding a negative outlook of the U.S. triple-A rating.   Earlier yesterday, President Obama praised the “gang of six”, [...]

Tags: , , , , , , , , , , , , , , , , , , ,