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: America, class, country, end, House Speaker, House Speaker John Boehner, John Boehner, leader, negotiations, Obamacare, Patty Murray, Peter Grady, rate, reduction, reform, Republican House Speaker John Boehner, tax, Tax Policy Center, Washington, year
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: change, end, FICA, Harry Reid, House Republicans, House Speaker, House Speaker John Boehner, income, January, John Boehner, month, Obama, rate, security, Senate, Senate Dems, tax, time, White House, year
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: amendment, budget, control, Cory Garner, debt, Garner, government, House Speaker, House Speaker John Boehner, John Boehner, mandate, Obama, place, President Obama, reduction, Senate, size, Steven Hess, vote, White House