The fiscal cliff legislation doesn't address some of the most important issues that are components of the cliff - the government spending sequester cuts, for example, and the debt ceiling - but the tax cuts were by far the largest issue that needed to be dealt with. As a compromise, tax rates will...
Yep. Have to agree. Obama is 'Da Man'. Whatever he asks for, he gets - with a cherry on top!
Less than 24 hours after the Senate passed compromise legislation worked out by Mitch McConnell and Joe Biden to restore most of the tax cuts that lapsed on January 1, John Boehner brought it to the House floor, where it passed on the strength of Democrat votes.
- Quotes of the Day Jazz Shaw 3 hours ago
- Would-be victim delivering pizza thwarts would-be robbery with her concealed weapon Erika Johnsen 5 hours ago
- The EPA is charging $75,000/day over a private citizen’s pond, but don’t you worry about their revisions to the Clean Water Act Erika Johnsen 6 hours ago
- Christie jacking up tax on e-cigarettes Jazz Shaw 8 hours ago
- Interview with Al Baldasaro Jazz Shaw 9 hours ago
- How many people have died from GM ignition-switch defect? Ed Morrissey 11 hours ago