Barack Obama

Lies, damn lies and GOP debates

Lies, damn lies and GOP debates

  Twenty Republican presidential debates later, the head-scratching claims kept coming. Did Mitt Romney really cut taxes as Massachusetts governor, as he asserted yet again? Or did he raise them by hundreds of millions of dollars, as former Pennsylvania Sen. Rick Santorum alleged? And how could Newt Gingrich have given the nation four balanced budgets […]

Obama: Close tax loopholes for businesses with overseas operations

Obama: Close tax loopholes for businesses with overseas operations

President Barack Obama wants to cut the corporate tax rate by seven percentage points but the move doesn’t mean companies would pay less taxes. His plan also eliminates many loopholes and subsidies that corporations currently use to pay far less taxes and could result in a higher — not lower — final payments to Uncle […]

Unions plan to spend big to re-elect Obama

Unions plan to spend big to re-elect Obama

Unions say they are gearing up to spend more than $400 million to help re-elect President Barack Obama and lift Democrats this election year in a fight for labor’s survival. Under siege in state legislatures around the country – and fearing the consequences of a Republican in the White House – union leaders say they […]

Republican mainstreamers turn up the heat on Ron Paul

Republican mainstreamers turn up the heat on Ron Paul

In his two previous campaigns for President, Texas Congressman Ron Paul was considered such a fringe candidate that most of his contemporaries ignored his many failings, extreme positions and questionable actions from his checkered past. No more.  Leading Republicans are starting to tell American voters what they think of Paul and a lot of it […]

Ron Paul uses non-profit groups to evade campaign finance disclosure laws

Ron Paul uses non-profit groups to evade campaign finance disclosure laws

Two of Ron Paul‘s foundations are skirting the edge of, and perhaps crossing, the line between issue advocacy and political campaigning and may be breaking federal tax and campaign finance laws. The non-profits, all part of millionaire Paul’s political empire, pays his campaign aides, organizes political volunteers and promotes his often unorthodox ideas, the Associated […]

Congress passes two-month tax deal; Obama signs it into law

Congress passes two-month tax deal; Obama signs it into law

In the end, the long-debated, often-delayed, more often gridlocked budget deal came down to a couple of voice votes in the near-empty chambers of the House and Senate, approving a $33 billion spending measure that keeps the payroll tax rate at 4.2 percent through the end of February. But the debate is far from over. […]

Congress gives Americans a tax hike for Christmas

Congress gives Americans a tax hike for Christmas

Congress heads home for Christmas but the holiday gift it left for Americans is an almost-certain tax hike for the new year. As predicted by the tea party-controlled Speaker, House Republicans defeated a two-month extension of reduced payroll taxes on Social Security and extension of unemployment benefits. Then House member started packing for the trip […]

Funding deal reached to avoid government shutdown

Funding deal reached to avoid government shutdown

House and Senate negotiators reached a last-minute deal late Thursday to fund the U.S.government through September 30 of next year — staving off a government shutdown that would have started at midnight Friday. “Houston, we no longer have a problem,” a relieved House aide told Capitol Hill Blue.  “We can go home for Christmas.” Both […]

Gridlock brings another threat of government shutdown

Gridlock brings another threat of government shutdown

Capitol Hill gridlock once again threatens the day-to-day operations of government as Republicans and Democrats tangle over unemployment benefits, Social Security taxes and the use of earmarks to benefit campaign contributors. Both sides, while playing politics with the economic well-being of Americans, accuse the other of doing exactly that in a bitter struggle over a […]

Gingrich leads GOP contenders, but can’t beat Obama

Gingrich leads GOP contenders, but can’t beat Obama

Good news for Newt Gingrich: The former Speaker of the House holds a solid 10 point lead among candidates for the GOP Presidential nomination for President, according to the latest Reuters/Ipsos poll. Bad news for Republicans: If Gingrich gets the nod, he’s not the Republican to beat President Barack Obama in 2012. The poll shows […]