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Obama ‘willing to compromise’ on ‘tough spending cuts’
US President Barack Obama said Monday he was ready to compromise “a little bit” to head off a tax and austerity crisis, but warned he would not budge on making the rich pay more. Obama took his campaign to hike rates on the wealthy to a factory floor in Michigan,…
Nugent: Budget deal should suspend welfare recipients’ voting rights
Conservative rocker Ted Nugent is urging the Republican Party to “stop the insanity” and insist that voting rights be suspended for welfare recipients as a part of a larger budget deal. In his Monday Washington Times column, Nugent ranted that talk about raising taxes on the wealthiest Americans proved that…
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…
Romney flip-flops on protests: ‘I worry about the 99 percent’
If you want to gauge how effective a popular movement has become, compare the present statements of leading politicians with their prior positions. In the case of former Massachusetts Governor Mitt Romney (R), the difference is night and day. During an appearance in Florida last week, Romney was calling the…
Buffett admits he hasn’t read Obama’s jobs plan, will likely oppose parts of it
During an appearance on CNBC Friday morning, billionaire investor Warren Buffett appeared to change course on President Barack Obama’s jobs plan, admitting he had not read the plan and suggesting that he’ll likely oppose parts of it. The admission is particularly surprising, given Buffett’s recent advocacy of the plan, and…
Obama opposes permanent extension of tax cuts for rich
President Barack Obama said on Friday he does not want to permanently extend tax cuts for the wealthiest Americans, sending another signal he is willing to forge some sort of compromise with newly emboldened Republicans to win an extension for the middle class. The White House has been hinting it…
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