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    • payroll tax holiday

    Quiet Before the Storm: CBO Reports $642 Billion Deficit in 2013

    May 14, 2013 at 5:55 pm

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    money-clock-time

    At $642 billion, the Congressional Budget Office (CBO) reports, the 2013 deficit will be lower by $200 billion than previously forecast. In February, the CBO projected a deficit of spending over revenue of $845 billion, but a large and temporary boost in revenues is pushing that figure down. Like the … More

    Smaller Paycheck? Welcome to Obama’s Post-Fiscal-Cliff World

    January 15, 2013 at 5:30 pm

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    Family finances

    Working Americans receiving their first full paycheck of the year may have had a rude awakening today. Despite all the President’s promises not to raise taxes on the middle class, he did exactly that. By allowing the payroll tax holiday to expire at the end of 2012, President Obama and … More

    What About the Payroll Tax, Mr. President?

    July 11, 2012 at 2:00 pm

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    UPSworker_Americanworking_1

    Finally, President Obama has awakened to at least a part of Taxmageddon as it barrels down on American taxpayers next year and drags down job growth this year. Was he previously unaware of it? Did he just decide it matters, given the recent pattern of weak job growth? So the … More

    Boehner’s Payroll Tax Holiday Still Not Stimulus, but Extension Still Easy Call

    February 14, 2012 at 3:01 pm

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    Boehner-Cantor-2-10-12

    This is no time to be raising taxes on anyone. This is sufficiently obvious that even President Obama and House Republicans agree on it. And so now all sides support a simple extension of the payroll tax holiday through 2012. Hallelujah. It’s about time. The payroll tax holiday began in … More

    What the HIRE Act Giveth, the Rest of Obama Agenda Taketh Away

    February 24, 2010 at 3:00 pm

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    The latest attempt by Congress to wrestle the high unemployment rate is the HIRE Act, which is little more than a tax holiday for companies who hire additional workers. Even if this Act works as intended and encourages businesses to hire more workers, which in and of itself is not … More

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    The Morning Bell
    Morning Bell: President Obama Is Tired of Fighting Terrorism

    “We shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender…” These were words President Obama never used during his speech at the National Defense University yesterday. Rather, … More

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