President Obama praises the bipartisan vote in the Senate for the Tax Cut bill that he proposed. He said members of both parties are not happy with all of it, but it does give middle class taxpayers a tax cut. He has been talking with members of the house and hopes they will approve the [...]
President Obama said Saturday that the compromise he reached with Republicans on tax cuts was “by no means perfect” but a “good deal for the American people.” Obama, in his weekly radio address, said the middle class had been hit hardest by the recession and that “taking money out of the pockets of working people [...]
President Barack Obama still has work to do to sell the tax package he negotiated with Republicans to Democrats in Congress. House Democratic leaders say the package is tilted too much in favor of the wealthy, putting Obama on the defensive for striking a deal that is picking up support among GOP lawmakers and business [...]
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The White House and congressional Republicans have begun working behind the scenes toward a broad deal that would prevent taxes from going up for virtually every U.S. family and authorize billions of dollars in fresh spending to bolster the economy. Negotiations have accelerated in recent days as Congress has confronted deadlines for extending a series [...]
Unless Congress votes to extend federal unemployment benefits, the benefits will begin expiring at midnight Tuesday, but the state says those collecting benefits would be phased out gradually. Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for [...]
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