Tax Cut Video and Articles

GOP Targets Tax Break for Illegals

08 Feb 2012

…numbers as proof that they're legal workers. It's being offered as a way to help pay for extending the Social Security tax cut for most American wage-earners. Senate Majority Leader Harry Reid of Nevada says the proposal unfairly goes after the children… ...

Lawmakers 'Concerned' Over Payroll Tax

07 Feb 2012

US Senate Majority Leader Harry Reid (D-Nev.) on Tuesday said lawmakers working on an extension of a popular payroll tax cut had only until early next week to reach a deal, as the two sides negotiating the package showed few signs of compromise and… ...

Budget deficit shrinks to $349…

07 Feb 2012

…office, however, cautioned that pending measures in Congress could inflate the 2012 number -- for instance, a possible extension of the payroll tax cut could have "a significant impact" on the 2012 deficit, the CBO said in a statement. ...

Obama to Present Familiar-Looking Budget

06 Feb 2012

…plan, Obama will argue for new spending in targeted areas, tax cuts to spur manufacturing and new investments in education. He…
…the $1.5 trillion in revenue comes from ending Bush-era tax cuts for families earning more than $250,000 a year. Much of… ...

Why they are high-fiving at the…

04 Feb 2012

…Arlington, Virginia Friday -- introducing a plan to put veterans back to work and pressuring Congress to extend the payroll tax cut for more than 160 million Americans and keep the economy improving, warning lawmakers, “Don’t muck it up!” With… ...

White House, GOP dispute…

03 Feb 2012

…in a statement. He pushed for Congress to extend the payroll tax cut and approve new long-term jobless benefits, "and take the…
…last." Many Republicans support an extension of the payroll tax cut but are at odds with Democrats over how to pay for it… ...

Unemployment Rate Drops to 8.3 Percent

03 Feb 2012

…caused by the recession that began at the end of 2007," Krueger added. "Most importantly, we need to extend the payroll tax cut and continue to provide emergency unemployment benefits through the end of this year and take the additional steps that President… ...

House passes bill to ban use of…

01 Feb 2012

…Act of 2011 is part of a package of measures that Republicans want to include in an upcoming agreement to extend the payroll tax cut over the next year. Democrats supported the measure but criticized Republicans for not focusing on larger national problems… ...

House Votes to Freeze Federal Salaries

01 Feb 2012

…Act of 2011 is part of a package of measures that Republicans want to include in an upcoming agreement to extend the payroll tax cut over the next year. Democrats supported the measure, but criticized Republicans for focusing on issues that were trivial compared… ...

Lawmakers Near Consensus on Tax Deal

01 Feb 2012

…pay-fors." However, Democrats cautioned that finding ways to offset the cost of a 10-month extension of the payroll tax cut could imperil the bipartisan agreement, as it did in December when lawmakers opted to extend the tax break for only two months… ...

Congressional budget chief…

01 Feb 2012

…how much revenues would be increased by eliminating the Bush tax cuts in hopes of avoiding more spending cuts. One of the factors…
…under "current law." But current law would end the Bush tax cuts for everyone, even those making less than $250,000 a year… ...

GOP voters still searching for…

01 Feb 2012

…he and his supporters would like him to be come November. It is simply not enough to say that he supports free markets, lower taxes, and lack of regulation, he needs to put forth some sort of overarching and comprehensive plan. Not a 59 point plan, but… ...

Romney Splits With GOP on Min. Wage

01 Feb 2012

…to raise it, although in 1996, the GOP-controlled Congress passed an election-year increase that included a package of tax cuts for business and a subminimum wage to apply to new, younger employees. At the time lawmakers were considering the 2007 legislation… ...

Obama Pushes Tax Breaks for Small Biz

31 Jan 2012

…and make permanent a measure eliminating taxes on capital gains in key investments in small businesses. He also wants a new tax credit for businesses that add jobs in 2012, as well as an extension of a measure that allows businesses to deduct the costs of… ...

3 Things Mitt Romney needs to do…

31 Jan 2012

…articulate a positive message for why he should be president. It is simply not enough to say that he supports free markets, lower taxes, and lack of regulation, he needs to put forth some sort of overarching and comprehensive plan. Not a 59 point plan, but… ...

Tax cuts or government spending?…

30 Jan 2012

…economy and create jobs — tax cuts or government spending…
…Week that "the payroll tax credit that the president has…
…eliminating the Bush tax cuts for those making more…
…be created faster by tax cuts, or by government spending… ...

Geithner Sees Growth In Economy

29 Jan 2012

…tax reform, we're going to have to be helping contribute to deficit reduction. We don't have the ability of offering the American people or the American business community a net tax cut," Geithner said. Read more: Wall Street Journal ...

REPORTER'S NOTEBOOK: The Ron Paul Effect

26 Jan 2012

…debates and primaries, drawn his rivals closer to his own longstanding positions on domestic policy: smaller government and lower taxes, the sanctity of the Constitution and the wisdom of sound monetary policy. On the night that Gingrich won the South Carolina… ...