Presumptive House Speaker John Boehner (R-Ohio) told reporters today that he will work toward a “smaller, less costly and more accountable government here in Washington, D.C.” Though his remarks were short on policy, Boehner said he would aim to repeal the health care bill and extend the Bush tax cuts. More…
There’s a lot of buzz surrounding the announcement made by American Crossroads and Crossroads GPS — the sister groups that Republican strategists Karl Rove and Ed Gillespie helped conceive — that they will continue advertising against Democrats after the elections when Congress returns and debates over extending the Bush-era More…
Alice Rivlin, a member of Obama’s deficit commission (technically, the National Commission on Fiscal Responsibility and Reform), tells Damian Paletta at The Wall Street Journal that Congress should compromise on tax cuts by pushing the floor higher.
The White House and most Democrats want to extend the Bush tax More…
This is brilliant, and the White House should have done it a long time ago.
Republican leaders have been dishonest with the American people on how they intend to pull the nation out of a recession, President Barack Obama said Wednesday morning during a backyard chat at the home of a Des Moines family. “It’s time to make tough choices and put politics
Today, Douglas Elmendorf, the head of the Congressional Budget Office, testified before the Senate Budget Committee on the subject of the Bush tax cuts. If Congress does nothing, the tax cuts expire as planned at the end of the year and taxes rise for all earners. The White House More…
David Axelrod promises it will happen:
White House senior adviser David Axelrod predicted on Monday that Congressional Republicans will ultimately “blink” in the tax cut debate as the deadline approaches for all rates to rise to Clinton-era levels.
Today, Sen. Harry Reid (D-Nev.), the Senate majority leader, sent out a statement blasting a Republican plan to keep all the Bush tax cuts, adding an estimated $4 trillion to the deficit.
“Republicans are holding hostage tax cuts for working Nevadans, and their ransom is even More…
This week, Sen. Joe Lieberman (I-Conn.), who caucuses with the Democrats, addressed a local chapter of the Chamber of Commerce in Middlesex, Conn. “In our current economic situation, we cannot risk the economic headwinds that would be caused by tax increases,” he said. “We need to keep as much More…
Americans want to extend the Bush tax cuts for middle-class Americans and to let them expire for the wealthiest Americans, just as the Obama White House proposes, a new Pew poll shows.
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