Clay: Adult Moment Needed on Fiscal Cliff
Last year, President Barack Obama and our Democratic leadership proposed a 3-to-1 formula that would cut $3 in federal spending for every $1 in increased revenue.
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Last year, President Barack Obama and our Democratic leadership proposed a 3-to-1 formula that would cut $3 in federal spending for every $1 in increased revenue.
from a few individual executives for what Obama calls a “balanced approach” to reducing the budget deficit and heading off the sweeping tax increases and automatic spending cuts scheduled to begin Jan. 1.
the defense bill does make it to the Senate floor, Iran will likely loom large during debate, as will the roughly $500 billion in across-the-board cuts that would hit the Pentagon budget starting Jan. 1,
where I can contribute on day No. 1,” Cramer said, adding that orientation is a time for “getting to know the members of the steering committees, making appointments with them and making the pitch.
The bill’s $1 billion price tag has hampered efforts to build broader support in the Senate, though some provisions were included in a separate appliance efficiency bill passed before the pre-election
It is part of a $1 billion debt-relief package the United States has been negotiating with the Egyptian government, which stalled amid the attack on the U.S.
Meanwhile, Democrats question whether Boehner can find the votes for any package before hitting the cliff Jan. 1, when pressure will ramp up on Congress as citizens’ taxes go up.
Last year, President Barack Obama and our Democratic leadership proposed a 3-to-1 formula that would cut $3 in federal spending for every $1 in increased revenue.
Updated 1:45 a.m. | House Republicans were wiped out in the Northeast in Tuesday’s elections, especially in New England, where there won’t be a single GOP Member returning to Congress next year.
Murray said the expiration of all the cuts Jan. 1 changes the political calculation.
McMorris Rodgers made a promotional video as well, and she and her allies have been working from a whip list, ranking members from 1, indicating sure support, to 5, who are lost causes.
is on track toward regulation in the U.S., whether it’s done on the federal level or through the states,” said John Pappas, executive director of the Poker Players Alliance, which represents more than 1
“Educating folks about her support of President Obama’s policies will be the No. 1 priority of Americans for Prosperity North Carolina in 2014,” said Dallas Woodhouse, AFP’s Tar Heel State director
More than $1 billion came from outside groups such as super PACs and politically active tax-exempt groups, by CRP’s tally.
president has proposed other ways to raise revenue from the wealthy, including limiting their deductions and the Buffett Rule, which would set a minimum 30 percent effective tax rate for income over $1
president has proposed other ways to raise revenue from the wealthy, including limiting their deductions and the Buffett Rule, which would set a minimum 30 percent effective tax rate for income over $1
The study, which Issa requested in an Oct. 3 letter, will explore “potential changes in height limits to various parts of the city,” according to a summary proposal submitted to Issa on Nov. 1.
During World War II and the Vietnam War there were more than 12 million and 1 million troop days lost, respectively, because of malaria — missions were undermined or aborted because of malaria and
of a Capitol Hill hotel, a gleeful Senate Majority Leader Harry Reid (D-Nev.) addressed cheering supporters in celebration of a political reality few thought likely two years ago: He is still the No. 1
v=olForyqALZ4 The ex-Congressman hasn’t tweeted anything since June 1, 2011, in the wake of reports he had inappropriate relationships with young women over Twitter and Facebook.