Articles Tagged 'tax increases'

Fiscal hangover: Americans will see a payroll tax increase

Washington — Despite a late night deal Congress forged to avert historic tax increases, most Americans will still see less in their paychecks in 2013.… READ MORE

Tax increases for health care in ’13 may be just a start for U.S. workers

New taxes are coming Jan. 1 to help finance President Obama’s health care overhaul. Most people may not notice. But they will pay attention if… READ MORE

Tax increases could factor in MLB negotiations

November 23, 2012
By RONALD BLUM, Team executives and agents wandered into the Agave Sunset lounge at the resort where the general managers’ meetings were held in Indian Wells, Calif. Four of the six flat-screen televisions were showing election coverage, with the other two turned to sports.
President Barack Obama’s victory over Mitt Romney was of as much interest to baseball’s… READ MORE

Republican governors go soft on taxes

November 16, 2012
LAS VEGAS — Some Republican governors are softening on the party’s hard-line toward tax increases for the wealthy, suggesting that GOP congressmen at least be open to rate hikes in exchange for a comprehensive fiscal agreement on taxes and entitlements. “The people have spoken, I think we’re going to have to be

Dick Durbin: ‘Fiscal Cliff’ Solution Unlikely Before Election

July 30, 2012
WASHINGTON, July 29 (Reuters) – The U.S. Congress is unlikely to resolve looming tax and spending issues before the Nov. 6 elections, a top Senate… READ MORE

Congress staring over edge of ‘fiscal cliff’

May 23, 2012
By Stephen Dinan-The Washington Times For Congress, the outlines of the pending fiscal crisis are clear: Don’t do a thing, and watch the economy slip into a double-dip recession early next year. Or cancel the looming tax increases and spending cuts, watch the deficit rise, and push the government ever closer to a European-style debt crisis.
That decision was… READ MORE

Barack Obama hints at tax rises after US debt bill goes through Senate

August 3, 2011
Ewen MacAskill, The Guardian Barack Obama came out fighting in an attempt to undo the damage to his reputation caused by the long-running debt standoff, and pacify Democrats who feel betrayed by the deal that will result in spending cuts totalling trillions of dollars.
The president, who turns 50 on Thursday, faces a tough re-election fight next year. He… READ MORE

Real work on debt limit still to come

August 2, 2011
By Stephen Dinan-The Washington Times The defining element of Sunday night’s debt-limit deal is not what happens now, but what it sets up for the next five months: an all-out war between tax increasers and entitlement cutters, fought on the battlefield of a 12-member congressional “supercommittee.”
With both wings of the political spectrum opposed, President Obama andHouse Speaker John… READ MORE


July 16, 2011
By Sam Youngman and Alicia M. Cohn, The Hill President Obama on Friday kept up the pressure on Republicans to agree to revenue increases in… READ MORE

Obama: ‘Nothing can be off-limits’ in budget

July 2, 2011
By Erica Werner-Associated Press WASHINGTON (AP) — President Barack Obama said Saturday that “nothing can be off-limits” in the budget debate — even though Republicans… READ MORE

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