“Would raising taxes on the wealthiest Americans have a chilling effect on hiring in this country?” When asked this question by Today’s Matt Lauer, Warren Buffett confidently answered, “No.” How could this be, when the tax hikes desired by President Obama would fall directly on some of America’s most successful …
“Fiscal Cliff” has been the catchphrase of the past few weeks, and tweets on the matter have been plentiful. We compiled a list of the Top 15 tweets about the fiscal cliff that you should read: [uds-billboard name="Top 15 Tweets About The Fiscal Cliff"]
In Washington, there is one issue on everyone’s minds: the “fiscal cliff.” With time running out before a massive tax hike strikes on January 1, and wide-ranging budget cuts scheduled to hit at the same time, the economy is bracing for another storm. Today, five public policy organizations including The …
Congress has a chance to deliver Americans a belated Christmas present shortly after Christmas if it can work to avoid running the country off the “fiscal cliff.” The term “fiscal cliff” refers to a combination of massive tax increases—including the expiration of the Bush tax cuts—and deep spending cuts that …
The lame-duck session begins today, with retiring and defeated Members of Congress coming back to Washington to make their last legislative decisions. Because of the lack of accountability to voters, the lame-duck period brings heightened scrutiny. Congress has 16 working days scheduled between now and the end of the year, …
Sometimes in post-election America, there is excitement about what the future will bring. This time around, the prospect is rather horrifying. America is racing, pedal to the metal, toward the fiscal cliff—a mixture of tax hikes and defense cuts that loom just after New Year’s. The same Congress and the …
Now that President Obama will never face re-election again, it is time for the campaigning to end. Perpetual political rhetoric and promises do not matter any more. Action—and leadership—are sorely needed on pressing issues that threaten the United States. America’s people are under threats to their livelihoods, their protection, and …
The October jobs report essentially agrees with the rest of the current data on the economy—the economy is growing slowly, too slowly to bring down unemployment rapidly. In fact, the unemployment rate rose to 7.9 percent in October and the economy created about 171,000 jobs, roughly equal to the usual …
