Home » Topics » bush tax cuts
‘Dairy cliff’ could lead to $7 gallon of milk
While debates over federal legislation have revolved mostly around defense cuts, reductions in social programs, and the soon-to-be-expired Bush tax cuts, the price of dairy has not been a hot topic. But the price of milk could soon rise precipitously, in fact doubling if no legislative action is soon taken,…
Santa tells Ryan he’ll get ‘coal’ if he keeps tax cuts for the wealthy
In a short bit of tax reform activism, a new liberal activist group calling itself “The Action” sends Santa Clause to confront Rep. Paul Ryan (R-WI) on Capitol Hill, telling him he’s got a lump of coal coming this Christmas if he doesn’t shape up. “I just want to give…
Obama ready for deal to avoid fiscal cliff
WASHINGTON — US President Barack Obama on Wednesday offered opposition Republicans a short-term compromise on avoiding the fiscal cliff, but said any deal needed to include tax increases for the rich. Obama said he was willing to negotiate a fix before year-end to avoid the harsh tax hikes and spending…
Robert Reich: Ryan budget worse than Bush’s economic plan
University of California professor Robert Reich blasted Rep. Paul Ryan’s (R-WI) proposed budget plan, saying it would help the rich while hurting the poor. “It’s much worse than what we tried under George W. Bush,” he said on Current TV. “The tax cuts that Ryan wants to provide to the…
House GOP trying to fast-track tax cut bill for wealthy and corporations
The Republican majority in the U.S. House of Representatives have introduced a bill designed to turn back the Senate Democrats’ victory earlier this week on Bush-era tax cuts by extending tax cuts for the wealthy and making it harder to modify tax law. According to Think Progress, if the new…
Senate votes against Bush tax cuts for the wealthy
WASHINGTON — The US Senate approved a Democratic plan Wednesday to extend expiring tax breaks for all but the wealthiest Americans, though the measure will not resolve the country’s looming fiscal impasse. Republicans want the Bush-era tax cuts extended for all, arguing that Congress should not raise taxes on anyone…
Sen. Baucus resists push to renew Bush tax cuts
Key Senate Democrat resists push to renew Bush tax cuts before election (via The Christian Science Monitor) Likening the US tax code to the “hydra,” the many-headed Greek monster, Sen. Max Baucus (D) said Congress should take on the herculean task of tax reform by building consensus and trust behind…
House GOP plans August vote to extend Bush tax cuts
WASHINGTON — The US House of Representatives, led by President Barack Obama’s Republican foes, plans to vote before its August recess on whether to extend tax cuts enacted under the previous George W. Bush administration. “Knowing that comprehensive reform will take time, we must ensure that while Congress is working…
Bush: ‘I wish they weren’t called the Bush tax cuts’
Former President George W. Bush made a rare public appearance Tuesday morning, expressing regret that his name is attached to one of the largest tax cuts in U.S. history. According to Forbes, Bush spoke at his Institute Conference on Taxes and Economic Growth in New York City, claiming his continued…
Romney: My tax plan ‘frankly can’t be scored’
GOP presidential primary frontrunner Mitt Romney added more uncertainty over his tax plan Wednesday morning, citing that any private analysis of it was inaccurate because it ‘can’t be scored” without all the details “laid out.” Romney appeared on CNBC’s Squawk Box and was asked if his tax proposal, which would…
Brand new on Raw Story
- Jon Stewart rips Obama for aggressive investigation of whistle-blowers instead of bankers
- WATCH LIVE: Rescue operation begins as Washington state bridge collapses
- Senate unanimously approves Sri Srinivasan as first India-born senior judge
- Republican congressman fined $500 over sexual misconduct
- Anthony Weiner’s mayoral campaign off to a rocky start after police called to rally
- George Zimmerman lawyers release Trayvon Martin’s cellphone data to discredit killed teen
- IRS director Lois Lerner placed on administrative leave
- Questions Obama dodged in terror speech
- Texas Gov. Rick Perry ‘greatly disappointed’ by vote to admit openly gay Boy Scouts
- Boy Scouts to allow gay members but ban on gay and atheist leaders continues
Commentary
The real problem with 'check your privilege': It’s too generous
By Amanda Marcotte
The reality is Americans aren’t that concerned about drones
By Harry Enten, The Guardian
Tone policing only goes one way
By Amanda Marcotte
Raw Exclusives
Featured Video
Follow Us!
