Even though Congress and President Obama reached a fiscal cliff deal, the fallout will continue to be felt by individuals, investors, married couples, and small businesses earning $400,000 and above (for couples, $450,000 and above). And that does not include the impact on all workers hit by the payroll tax …
The biggest wind energy purchaser in the country may sever ties with the industry’s largest trade group in the wake of a bitter fight to sustain subsidies for wind energy producers that, the company says, benefit producers at the expense of utilities and electricity consumers. Xcel Energy, which had the …
By delaying defense sequestration two months, President Obama and Congress have shown their unambiguous recognition that sequestration’s automatic and indiscriminate cuts to the U.S. military pose clear dangers to national security. However, America’s leaders must now match their recognition of this reality with the resolve required to definitively stop defense …
The Congressional Budget Office (CBO) just now released its score of the bill the Senate passed early this morning while everyone was celebrating the beginning of the New Year. Despite knowing for a long time that taxes would go up on all Americans today, the Senate waited until we technically went …
While you were sleeping—or ringing in 2013—the Senate voted to raise taxes. After missing the midnight deadline, Congress and the President have technically sent the nation over the fiscal cliff, meaning higher tax rates are already in effect for all income tax brackets. But the Senate’s deal, brokered by Senate …
The fiscal cliff isn’t the only abyss that the Obama Administration and Congress have created for individuals and employers. The Obamacare mandate that forces employers to provide and pay for coverage of abortion-inducing drugs, contraception, and sterilization has created a cavernous void for religious liberty that will threaten the existence …