The Iowa Farm Bureau Federation has endorsed the recommendation of a state commission to raise the tax on gasoline by up to 10 cents per gallon.
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
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.
Senate Democrats, back to business this week, are blasting out some snazzy graphics regarding the Bush tax cuts.
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.
This morning, Peter Orzsag — until recently, the head of the White House’s Office of Management and Budget — made waves by publishing a New York Times opinion piece calling for the extension of the Bush tax cuts for all earners for two years. After that, he says, the More…
Last month, Sen. Mitch McConnell (R-Ky.) made a rather remarkable statement about the trillion-dollar Bush tax cuts, arguing, “[T]here’s no evidence whatsoever that the Bush tax cuts actually diminished revenue. They increased revenue, because of the vibrancy of these tax cuts in the economy.”
That is demonstrably false, a More…
This weekend, Treasury Secretary Timothy Geithner appeared on two Sunday news programs to make the case for the expiry of the Bush tax cuts on the wealthiest earners and to argue for a strong recovery. The backdrop for the appearances is the looming fight over how to extend the 2001 More…
I have already seen a few emails and advisories going around, blaring that “Democrats are planning massive tax hikes for Jan. 1!” The Chamber of Commerce, for one, made the case yesterday. But it’s not really true. The Bush-era tax cuts are due to expire on Jan. 1. If More…
Earlier this week, Rep. Brad Sherman (D-Calif.) told Fox News that he doesn’t support a tax hike to pay for the Afghanistan war until the nation’s jobless rate drops below 5 percent.
I think we should pay for this war, but we should pay for it after the
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