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tax cuts

Pew confirms: Obama, Dems, wrong on tax cuts and debt

In his April 13th Remarks on Fiscal Policy, President Obama claimed: Read More

National Journal cover story, features, include violent rhetoric!

That's right! From Major Garrett's front-page National Journal story: "Seeing Red: John Boehner's troops are spoiling for a fight, but the speaker wants to aim before he shoots." And another heading on the cover: "Coming salvos against the Fed." Meanwhile in the table of contents are the following headlines: "The lesser evil," "Two-front war," and "Hostile takeover." (I exclude "The War of Law" just because it's a story about an actual war.) Read More

Obama battling his way back to electability

With the midterm elections behind him and a fractious new Congress heading to Washington, President Obama is closing out the year in a precarious spot -- with his hopes for a better new year hinging on the economy. Obama last week signed a hard-fought bill that extends Bush-era tax cuts for two years, continues unemployment benefits, cuts Social Security payroll taxes and more. Read More

Legislative ‘Christmas trees’ are really earmarks

Earmarks epitomize to many Americans the corrupt culture that has brought Congress to its lowest level of public esteem in modern history. Read More

Jobless stats a big worry for Obama

The most recent reports on unemployment dealt a serious blow to at least one man's sense of job security: President Obama. The president, harshly rebuked in the midterm elections by voters who thought he hadn't done enough to create jobs and revive the economy, is hanging his hopes for a second term on the expectation that the great recession would bottom out and that more Americans would soon be returning to work. Read More

Obama to Democrats: Tax compromise 'right thing to do'

As angry Democrats beat a path to television cameras Wednesday to denounce a White House tax compromise with Republicans, President Obama was making a show of being presidential. He dispatched Vice President Biden to Capitol Hill to deal with lawmakers. He summoned his Cabinet for a meeting. He met with the president of Poland and, for a rare second day in a row, took questions from reporters. Read More

President’s tax compromise somewhat promising

Elections matter, and that is as it should be — otherwisem kiss democracy goodbye. Here is what the 2010 anti-President Barack Obama uprising already means: compromise, as in this admonished president saying he will agree to keep income taxes down for high-income Americans if Republicans will do him some favors too. Read More

Obama, Republicans reach compromise on tax cuts, unemployment benefits

Calling it a "grave injustice" to let middle-class tax cuts expire, President Obama outlined a deal he struck with Republicans on Monday to extend all tax cuts for two years in exchange for a 13-month extension in jobless benefits. Read More
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