Sharron Angle, Nevada’s Republican candidate for Senate, has a new ad today attacking her opponent Sen. Harry Reid (D-Nev.) on his positions on illegal immigration. The ad is pretty similar to her one from Oct. 5, which was called “anti-Latino” and “race baiting” for its images of menacing-looking More…
Today, the Annie E. Casey Foundation and the Corporation for Enterprise Development released a report showing that $400 billion given in tax breaks to “help families buy homes, start businesses, put their children through college, and retire comfortably” in 2009 helped the wealthy accrue wealth, but did little or More…
Today, the Senate approved the long-stalled Small Business Jobs Act, a deficit-neutral bill containing tax cuts and an array of other measures to aid businesses with fewer than 500 employees. Its signature component is a $30 billion lending fund, which will encourage small banks to lend to small businesses. More…
Until now, Republicans and some moderate Democrats have refused to support an Obama administration plan to keep tax breaks for middle-class families but to let taxes rise for individuals making more than $200,000 a year and households making more than $250,000 — about 2.1 percent of filers. The “wrestling More…
The Obama administration is this week proposing a series of expensive tax breaks for businesses as part of a larger effort to create new jobs: $100 billion to make permanent a research and development tax credit and $200 billion to let companies to deduct the full cost of the More…
An important nugget from President Obama’s proposed 2011 budget: The White House aims to scrap $36.5 billion in subsidies to oil and gas producers by repealing an array of tax breaks for the industries.
That ought to please both environmentalists and fiscal conservatives in Congress, right? Don’t get your More…
Another day. Another expansion of the Democrats’ stimulus proposal — and not in ways we might have anticipated.
The House Ways and Means Committee approved its portion of the $825 billion stimulus package Thursday afternoon, including $275 billion in tax cuts.
While the original bill would allow businesses to recover More…
The League of Conservation Voters today released its 2008 National Environmental Scorecard, which rates members of Congress on energy and environmental issues.
Overall, says the group’s president Gene Karpinski in a press release, “in 2008, Congress went in the wrong direction” — that is, away from reducing our country’s dependence More…
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