JACKSON - MS GOP House members vote against legislation
House Speaker John Boehner’s proposal to generate $800 billion in new revenue “will destroy American jobs” and Republicans should oppose it, Senator Jim DeMint of South Carolina said today.
President Obama today sought to inject a dose of public pressure into the 'fiscal cliff' debate, urging Americans who face an across-the-board tax hike in 34 days to lobby lawmakers by phone, email and Twitter.
The Obama administration is in "advanced internal discussions" on a plan reduce the timing and size of spending cuts and cut tax hikes set to take effect in January, an event known as the fiscal cliff, according to a published report.
The White House described as inaccurate a Washington Post report that it is considering a proposal for a new tax cut that could replace the expiring payroll tax cut."I can tell you that the report is not correct -- the administration is not considering at this time a tax cut as the way that it's described in the Post," White House spokesman Josh Earnest told reporters while traveling with Obama ...
With the payroll tax cuts set to expire at the end of the year, the Obama administration is eying a another round of economic stimulus via tax cuts, the Washington Post reported on Saturday, citing people familiar with the administration’s thinking. The Post said the administration wants to offer a cut that could mean hundreds of dollars a year more in workers’ paychecks. One option under ...
The lowering of potential tax yield in the House of Representatives version of the “sin tax” bill had the “blessing” of the Department of Finance, Lower House records show. Undersecretary Jeremias Paul and Bureau of Internal Revenue (BIR) Commissioner Kim Henares did not make any attempt to stop the House Ways and Means Committee from amending the original version of House Bill 5727 which sought ...
The lowering of potential tax yield in the House of Representatives version of the "sin tax" bill had the "blessing" of the Department of Finance, Lower House records show.
Former top White House economic adviser Lawrence Summers called for an extension of the payroll tax cut.
[Leadership]At last, President Goodluck Jonathan will this morning present his N4.9trn 2013 budget address to a joint session of the National Assembly, after cutting a deal with the House of Representatives to avoid embarrassment on the floor of the house.