After Boehners Plan B, crafting a new plan for Republicans
By letting the clock run out on Bush tax cuts, Republicans will not have voted for a tax increase, and they will be in a position to do something about the automatic tax increase to come. In the short term, House Republicans could extend an olive-branch to the Obama White House by proposing a large ���tax-reform refund,��� like that proposed by President Obamas former budget director Peter Orszag. All wage-earners and Social Security beneficiaries would receive a��.
Martin Luther Kings warnings on inequality were ahead of his time
Whats in Wonkbook: 1) The Swiss franc 2) Opinions, including Shiller on whether economics does any good 3) Obamas paid leave policies, news from the G.O.P. retreat in Hershey, Pa., and more. Number of the day: 26. Thats how many years old the .
Flooding Kills 24 in Malaysia and Thailand
Malaysian authorities said the rain is expected to last at least another week, Reuters reported. The death total includes 10 in Malaysia and 14 in Southern Thailand. The news comes as Malaysian Prime Minister Najib Razak visited sites of the flooding .
Trayvon Martin, Obama, and the persistence of bias - Reuters
Conservatives condemned healthcare reform in general and the individual mandate in particular, even though the mandate was originally a Republican proposal. Republicans, who historically never met a tax cut they didnt��.
Washington Extra Gasoline alley | Tales from the. - Reuters
The national debt will continue to swell under the tax-cut plans floated by the top four Republican presidential candidates, according to an independent analysis of their fiscal policy proposals released. Plans put forth by Newt. President Obama apologized for the burning of copies of the Koran on a U.S. base in Afghanistan as the White House sought to quell spiraling furor among Afghans while also staving off Republican criticism at home. Obama apologized in a��.
RPT-Republicans weigh big changes at US budget referee agency
What were simply striving for is accuracy in score keeping, Ryan told Reuters in a recent interview. We know for a fact. in Congress. With a Republican-controlled Congress, Ryan and new Senate Finance Committee Chairman Orrin Hatch will be able.
READ IN: Auld Lang Syne Edition
(Reuters). -- Front Pages: WaPo two column lead on Scalise: GOP takes action to contain fallout. NYT leads with a look at the auto industry, which recalled 60 million vehicles this year. WSJ worries the dollars rise could be bad for the global.
The jobs answer that Jeremy Epstein ��� and the. - Reuters
During this springs Republican primaries, R. Glenn Hubbard, lead author of the white paper, dean of Columbia Universitys business school, and a top Romney economic adviser, criticized a proposal by Republican presidential candidate Rick Santorum to use. ���By proposing special tax breaks for manufacturing, Mr. Santorum follows Mr. Obamas incorrect lead and introduces a significant economic distortion,��� Hubbard wrote in a March Wall Street Journal editorial.
Romney fulfills the definition of insanity
While a major percentage of Americans, including me, lament that Obama is our President, will we fulfill the definition of insanity by propping up Mitt Romney, yet again, to lose another election? Or will we learn from. On Friday, Mitt Romney.
How congressional hawks plan to kill Obamas. - Reuters
Of course, many of the lawmakers complaining about the potential presidential end run voted to give him the right to waive sanctions when they passed sanctions legislation in 2010 and 2011. And, of course, only Congress��.
GOP gets serious about net neutrality with principles, hearings - Obama angers.
REPUBLICANS ARE READY TO TACKLE NET NEUTRALITY -- The top Republicans in telecom are laying out net neutrality principles and committing to double-header net neutrality hearings next week, as they continue their work to craft their own bill before the.
Keystone decision barreling toward Obama
Obama offers plan for free college, omits payment information - In Oprah-esque giveaway fashion (the as yet to be calculated bill to be borne by taxpayers) President Obama on Thursday proposed making two years of community college free for ���everybody.
House Republicans and White House Clash on Obama Immigration Plan
House Republicans on Tuesday assailed President Obamas unilateral actions on immigration, saying they were an unconstitutional overreach timed to circumvent the midterm elections that gave Republicans control of both houses of Congress. But in a .
If the Internet becomes a public utility, youll pay. - Reuters
After the more than 20 tax increases signed into law during Obamas six years in office, the last thing American taxpayers need is a gusher of new taxes and fees triggered by bureaucrats in Washington. PHOTO (TOP): An.. This is a guy who was never elected to any office, yet runs the debate of the Republican Party, and even instructs the Republican in Congress on how to vote.. You also have to have a cell phone with a plan for another couple hundred a month.
Being the indispensable nation is killing. - Reuters
President Barack Obama, scorned by his Republican critics as an ���isolationist��� who wants to ���withdraw from the world,��� is waging the longest war in U.S. history in Afghanistan, boasts of toppling the Muammar Gaddafi regime in Libya, launches. Yet even with this awareness, and no reelection race facing him, Obama could not escape the imperatives of Americas role as the indispensable nation.. I want tax dollars going more toward the infrastructure of America.
In blow to tax negotiators, Obama threatens veto
Senate Democratic leader Harry Reid is trying to work out the best possible deal before Republicans take control of the Senate next year. The plan nearing completion would have made permanent research and development tax credits and other breaks for .
The 1 percent vs. President Obama - Reuters
On Monday, Obama reiterated his support for letting the Bush-era tax cuts for household incomes of more than $250,000 expire, while keeping the lower rates in place for everyone else. This is a. Some of Obamas most vehement critics in the private sector insist they are willing to pay higher taxes, if thats what it takes to get the United States back on track. Their complaint, if you. Estimate how much youll need for retirement with My Retirement Plan��. Wells Fargo.
Obama tells GOP opposed to immigration order to pass a bill
President Barack Obama on Thursday announced steps to address the broken U.S. immigration system, but urged Republican lawmakers to pass broader reforms to deal with millions of immigrants living in the U.S. illegally. Today, our immigration system.
The consequences of Obamas debt - Reuters
Between the debt already racked up and what Obamas FY13 budget projects, each income-tax-paying family will owe more in Obama debt than a new mortgage on a median-priced home and four years of college costs. Yet more than three years into recovery from. He has no serious proposals to deal with the even larger eventual long-run deficits in Social Security and Medicare, which total several times the current national debt. When Treasury Secretary Timothy��.
Obama tax proposals run into Republican criticism
WASHINGTON (Reuters) - President Barack Obamas new tax plan ran into rapid criticism from the Republicans on Sunday, underscoring the challenges facing any attempt to overhaul the U.S. tax code. With the start of a new Congress this month under .
Obamas Unpopularity Affected Democrats in Midterm Elections
Mitch McConnell, R-Ky., in a victory speech Tuesday night after he won his own hard-fought race. McConnell is. Tax Reform. Obama wants to reduce corporate tax rates to some extent and close loopholes but also make sure that the wealthy and big.
Obamas budget bid for a grand bargain - Reuters
Though the presidents budget falls short in several important ways, it demonstrates his willingness to compromise ��� something most Democratic and Republican legislators have resisted. Now comes the critical. But his specific budget proposals ��� limiting the amount of tax deductions for high-income individuals, and instituting the ���Buffett Rule,��� which essentially imposes a new alternative minimum tax on millionaires ��� are not enough. His budget does, however,��.
Obama Was Right to Skip Paris
President Obama has run into harsh criticism, both at home and abroad, for not attending this weeks Paris protest march or sending a high-level substitute in his place. French and European leaders, meanwhile,. Obama dares Republicans on tax.
Obama and the ghost of Walter Mondale - Reuters
When Barack Obama accepts the Democratic presidential nomination in Charlotte, he will no doubt channel party heroes of the past like Bill Clinton and JFK and FDR, all of whom are celebrated still for their charisma and raw political skills.. Mondale lambasted Reagan for his secret tax plan that would ���sock it to average-income families��� and ���leave his rich friends alone,��� just as critics of the Romney-Ryan ticket have alleged that the GOPs conspicuously vague tax��.
Taxman Shrugged
This comes at a time when the IRS, along with many taxpayers, faces new workload burdens as a result of President Obamas ���signature achievement.��� The 2014 tax year, for which returns are due three months from today, is the first in which ObamaCares .
Obama tax proposals run into Republican criticism - At.
WASHINGTON (Reuters) - President Barack Obamas new tax plan ran into rapid criticism from the Republicans on Sunday, underscoring the challenges facing any attempt to overhaul the U.S. tax code.
Washington Extra ��� A Deng Xiaoping Moment? - Reuters
President Barack Obama called for new spending to boost growth and higher taxes on the rich, laying out an election-year vision for America in a budget that drew heavy fire from Republicans for failing to curb huge deficits. Obamas 2013. Republicans drop demand to pay for US tax cut. In a surprise. His campaign is running low on money, hes falling behind in voter surveys and he has begun to aim his biting criticism at the leadership of his own political party.
Washington Extra ��� Tax time - Reuters
If President Obama did indeed schedule the release of his corporate tax revamp Wednesday to steal the spotlight from Mitt Romneys tax plan rollout ��� as some critics charge ��� it just might have worked. The Obama plan was the top story. Republican Mitt Romney, looking for a boost in his presidential campaign, proposed an overhaul of the tax system that he said would cut Americans tax rates by 20 percent and limit deductions for the wealthy. Romney unveiled his��.
On housing, disappointing silence from Obama. - Reuters
Liberals have criticized the Obama administration for failing to spend all of the money that was allocated to ease the housing crisis.. In an October 10 report, CoreLogic analysts Sam Khater and Molly Boesel said that 1.5 million Americans have participated in Obamas Home Affordable Refinance Plan (HARP) ��� which helps strapped homeowners refinance.. Romney, meanwhile, got into trouble early on housing during the race for the Republican nomination.
Welcome Back, Cuba!
When I hear hawks denouncing President Obama for resolving to establish diplomatic relations with Cuba and ease the embargo, I dont understand the logic. Is their argument that our policy didnt work for the first half-century but maybe will work.
TRNS News Notes- 1/15
Tech companies have criticized the Obama admin for its efforts to mine social media networks and email for intel info in the wake of Edward Snowdens disclosures of the scope of NSA monitoring. And while Obama has aggressively sold new cybersecurity .
When Republicans critique Obama, they critique. - Reuters
To all the vaunted traditions of the absurd partisan charade in Washington, we can now add another: Republicans attacking President Barack Obama for the results of their own policies. Most recently we saw it. This has been the story ever since the Recovery Acts spending ran out: Job growth was undermined by local governments laying off workers as they faced deficits and could get no more help from Washington because of Republican opposition. Nonetheless��.