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Keyword: raise

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  • Crowd Cheers Clinton's Call To 'Raise Taxes On The Middle Class'

    08/03/2016 4:47:03 PM PDT · by Cheerio · 105 replies
    The Daily Wire ^ | August 3, 2016 | Robert Kraychik
    Hillary Clinton called for raising taxes on the “middle class” while campaigning on Monday in Omaha, NE. Joined by left-wing Democrat billionaire Warren Buffett, she received applause from those in attendance. “Because while Warren is standing up for a fairer tax code, Trump wants to cut taxes for the super-rich,” said Clinton. “Well, we’re not going there, my friends. I’m telling you, right now - we’re going to write fairer rules for the middle class and we are going to raise taxes on the middle class!”
  • What Your Boss Really Means By "No One Is Getting A Raise."

    07/07/2015 5:08:35 AM PDT · by SeekAndFind · 22 replies
    Forbes ^ | 07/07/2015 | Simon Constable
    We are now half way through the calendar year, and for many that means mid-year performance reviews. Or even worse, for some with odd fiscal years, it can be time for talks about money. Both inside and outside of those meetings what you have been told can be confusing. You need to understand what your boss really means, not just what is said. Believe me, I’ve spent enough time in corporate America, and enough time in human resource jobs, to know the difference. This stuff applies whether you work for a massive multinational like Google , or General Motors GM...
  • 90,000 McDonald’s Workers Will See a Raise

    04/04/2015 3:06:20 PM PDT · by everythingfinance · 52 replies
    Everything Finance ^ | 4-2-2015 | EF NewsDesk
    McDonald’s announced that over 90,000 employees will receive a pay raise effective July 1, 2015. After recent employee protests and slow sales, McDonald’s appears to be raising salaries to solve employee relation problems and improve it’s image with consumers.
  • Malloy (D-CT) appointees get holiday raises of up to 12%

    12/30/2014 1:27:17 PM PST · by matt04 · 7 replies
    The holidays will be a little merrier for about 200 appointees of Gov. Dannel P. Malloy and other constitutional officers: They are getting raises ranging from three percent to 12 percent at an annual cost of $1.4 million. The raises were announced by Ben Barnes, who oversees the budget as the secretary of policy and management. His salary jumps by 12 percent, from $186,999 to $209,439. All the raises take effect on Dec. 26. For Barnes and most of the other top officials, including the governor's chief of staff, Mark Ojakian, the raises are the first since joining the Malloy...
  • Obama Gives Military 1 Percent Pay Raise

    12/22/2014 9:16:11 PM PST · by Nachum · 36 replies
    free beacon ^ | 12/22/14 | Adam Kredo
    A majority of U.S. military service members will receive a 1 percent pay raise in their basic pay beginning in January 2015, the Pentagon announced on Monday. However, those enlisted members further down the military totem poll will see no pay raise, according to the announcement. “Basic pay for service members will increase one percent, except for general and flag officers who will not see an increase in 2015,” the Pentagon announced. This means that an Army member with the rank of corporal or specialist will receive an additional $22.20 per month, while those service members with the rank of...
  • Why Did This Union Oppose Higher Pay for Its Members?

    05/19/2014 12:58:07 PM PDT · by matt04 · 12 replies
    Few workers would turn down a raise. Union members, however, can have raises turned down on their behalf. Employees of a Pennsylvania grocery store learned this the hard way. Managers at the Giant Eagle grocery in Edinboro, Pa., wanted to reward hard work. So they boosted the wages of two dozen high-performing employees above their union rates. But United Food and Commercial Workers Local 23 was not pleased. The union argued the pay increases violated their contract, took Giant Eagle to court and forced it to rescind the raises. Why did Local 23 oppose higher pay for its members? Because...
  • Labor unions disappointed at 1 percent pay raise Obama to propose for federal workers

    02/25/2014 2:56:44 AM PST · by Libloather · 10 replies
    Washington Post ^ | 2/24/14 | Joe Davidson
    Federal labor leaders are disappointed with President Obama’s proposal to raise federal employee pay by 1 percent next year. The proposal will be included in the administration’s budget, which Obama will announce next week. His spending plan also will include a 1 percent raise for members of the military. “I strongly believe that federal employees deserve more, and this amount is inadequate,” said Colleen M. Kelley, president of the National Treasury Employees Union (NTEU). “There is no question in my mind that inadequate raises will have consequences on recruitment and retention.” Kelley says a 3.3 percent increase would be “fair...
  • Obama to Propose 1 Percent Federal Worker Pay Hike

    02/24/2014 4:42:23 PM PST · by SMGFan · 39 replies
    ABCNews ^ | February 24, 2014
    The White House says President Barack Obama will propose a 1 percent pay raise next year for federal workers.
  • As Someone Who Worked At Wal-Mart And Burger King, Don't Raise The Minimum Wage...

    Fifteen dollars an hour to say, "Would you like fries with that?" or "Welcome to Wal-Mart?" PLEASE. My very first position out of college in a terrible job market was as a Wal-Mart portrait studio photographer. Around the holidays, we'd have long lines; trying to get kids to smile after they've been waiting in Wal-Mart for two hours is no picnic. On my off days, I didn't dare pick up the phone because my district manager regularly called people and demanded that they fill in for employees who were sick in other locations. There was no chance of advancement because...
  • CEO of Wash. health exchange gets 13 percent raise

    11/21/2013 9:14:45 AM PST · by Baynative · 38 replies
    King5 Seattle ^ | 11/21/13 | APwire
    OLYMPIA, Wash. -- The CEO of the Washington state health exchange is getting a 13 percent raise. The board of the exchange voted 7-1 Wednesday to increase Richard Onizuka's salary from $157,000 per year to just over $177,400.
  • If The GOP Forces The US To Default, Obama Should Raise The Debt Ceiling Himself

    10/07/2013 7:37:07 AM PDT · by sheikdetailfeather · 61 replies
    Business Insider ^ | 10-7-13 | Henry Blodget
    As many observers have noted, the dysfunction in Washington is on the verge of becoming a full-blown crisis. A handful of extremists in one political party have become so convinced of their own brilliance and rectitude — and so frustrated by their inability to persuade the rest of the country of it — that they are threatening to cause the United States of America to default if their demands aren't meant. This is extortion, plain and simple. And the Obama Administration is right not to give into it. If it becomes legitimate for a small group of politicians on either...
  • Report: Boehner told group of House Republicans he’ll violate the Hastert Rule to raise the debt....

    10/03/2013 7:37:23 PM PDT · by Wisconsinlady · 24 replies
    Hot Air ^ | 10-03-13 | Allahpundit
    The lawmaker, who spoke on the condition of anonymity, said Mr. Boehner had said he would be willing to violate the so-called Hastert Rule if necessary to pass a debt limit increase. The informal rule refers to a policy of not bringing to the floor any measure that does not have a majority of Republican votes. Other Republicans also said Thursday that they got the sense that Mr. Boehner would do whatever was necessary to ensure that the country did not default on its debt.
  • Report: Boehner told group of House Republicans he’ll violate the Hastert Rule

    10/03/2013 6:01:51 PM PDT · by sheikdetailfeather · 21 replies
    Hot Air ^ | 10-3-2013 | Allahpundit
    Big news — unless, of course, it’s disinformation, which I doubt. With attention shifting to potential consequences of not increasing the debt limit, one House Republican said Thursday that Speaker John A. Boehner had told colleagues in a meeting that he was determined to prevent a federal default and was willing to pass a measure through a combination of Republican and Democratic votes. The lawmaker, who spoke on the condition of anonymity, said Mr. Boehner had said he would be willing to violate the so-called Hastert Rule if necessary to pass a debt limit increase. The informal rule refers to...
  • Obama proposes federal pay hike after 3-year freeze

    08/30/2013 4:10:39 PM PDT · by jazusamo · 24 replies
    The Washington Times ^ | August 30, 2013 | Dave Boyer
    At the start of the Labor Day weekend, President Obama proposed Friday to raise the pay of civilian federal employees by 1 percent, which would end a three-year freeze on their wages. The president also proposed to raise the monthly basic pay for military service members by 1 percent. In a letter to congressional leaders, Mr. Obama said civilian federal employees “have already made significant sacrifices” due to the pay freeze. He said he is balancing that consideration with the reality that “we must maintain efforts to keep our nation on a sustainable fiscal course.”
  • Obamacare could eat up your raise

    06/29/2013 8:19:06 AM PDT · by NormsRevenge · 30 replies
    MarketWatch ^ | 6/29/13 | Jonnelle Marte
    Expecting to get a raise next year? It could be eaten up by your health care bill. In an effort to meet the affordability requirement of the Affordable Care Act, which kicks in next year and requires that workers spend no more than 9.5% of their income on premiums, more employers are turning to insurance plans in which premiums vary based on a person’s salary, rather than having all workers pay a flat rate. That way, employees who make more money pay bigger premiums. Some 12% of companies used salary-based premiums in 2012, up from 10% in 2011, according to...
  • Federal employees' union head: Obama pay raise proposal 'simply not enough'

    02/09/2013 3:09:51 PM PST · by Libloather · 109 replies
    The Hill ^ | 2/09/13 | Justin Sink
    The president of the American Federation of Government Employees says a one-percent increase is "absolutely unconscionable." The head of the largest federal employee union said Saturday that President Obama's proposal to increase pay for federal employees by 1 percent was "absolutely unconscionable" and "simply not enough." "It is not enough to allow federal employees to make up lost ground from two-plus years of frozen pay. It is not enough to allow workers, most of whom earn very modest salaries ranging from $24,000 to $70,000, to maintain living standards. And it is not enough to send a message with any kind...
  • House Passes Congressional Pay Freeze, 129 Members Vote for Pay Increase

    01/02/2013 10:04:48 AM PST · by Kaslin · 15 replies ^ | January 2, 2013 | Leah Barkoukis
    The House approved a bill to rescind the executive order President Obama signed last week that ended the pay freeze on federal employees, which meant that some federal workers would be getting a raise—including members of Congress. A number of lawmakers spoke out about the absurdity of the pay increase and timing of the move. Rep. Michele Bachmann said in a statement, “This executive order was not requested by Congress and we should reject it. We have a spending problem in our country and we should be looking for areas to cut spending. At a time when families across the...
  • Bachmann says Congress should forego pay raise

    01/01/2013 3:49:58 PM PST · by TurboZamboni · 24 replies
    MPLS Star Tribune ^ | 1-1-13 | kevin diaz
    Staring into the abyss of the fiscal cliff deadline, U.S. Rep. Michele Bachmann introduced legislation Monday that would rescind the portion of President Obama’s executive order that gives members of Congress a pay raise. “At a time when families across the country are cutting back we should not increase government spending and add to the debt burden by giving members of Congress a pay raise," the Minnesota Republican said. The announcement came as House leaders indicated they would not have a budget deal done by the midnight deadline, plunging the nation off the fiscal cliff.
  • Cook County commissioners give initial sign-off on tax hikes

    11/03/2012 7:24:52 AM PDT · by KeyLargo · 6 replies ^ | Nov 2, 2012 | Hal Dardick
    Cook County commissioners give initial sign-off on tax hikes November 02, 2012|By Hal Dardick | Tribune reporter (E. Jason Wambsgans/Chicago Tribune) Cook County commissioners on Friday endorsed a $41.7 million set of new and increased taxes that would hit the pocketbooks of smokers, some businesses, gun buyers, and the owners of gambling machines at casinos and bars. In a series of votes, the Finance Committee recommended passage of the new taxes proposed by County Board President Toni Preckwinkle as part of her $2.95 billion 2013 budget plan.
  • FLASHBACK: Obama Says You Don't Raise Taxes In A Recession

    07/08/2012 7:01:18 PM PDT · by Nachum · 10 replies
    Youtube ^ | 7/11/11 | goprapidresponse
    In August 2009, President Obama was very clear that we shouldn't raise taxes in a recession. So why does he want to increase them now?
  • Does Hiking Tax Rates Raise More Revenue?

    04/09/2012 8:31:38 AM PDT · by Son House · 19 replies ^ | July 2, 2010 | Kurt Brouwer
    We really don’t know what the optimum tax rate would be that maintains revenues at 18-20% of GDP while allowing for maximum GDP growth, but we do know that economic growth is good for everyone and as the economy grows, tax revenues grow automatically. Ideally, our leaders in Washington would try to figure out the optimum tax structure to generate revenues at 18-20% of GDP while stimulating economic growth. Once that level is determined, I believe they should set the rate and forget it. Unfortunately, tinkering with the tax code seems to be irresistible to almost all politicians. In addition,...
  • Tensions Raise Specter of Gas at $5 a Gallon

    02/29/2012 10:18:30 PM PST · by Nachum · 40 replies · 2+ views
    New York Times ^ | 2/29/12 | Clifford Krauss
    Houston - Gasoline for $5 a gallon? The possibility is hardly far-fetched. With no clear end to tensions with Iran and Syria and rising demand from countries like China, gas prices are already at record highs for the winter months — averaging $4.32 in California and $3.73 a gallon nationally on Wednesday, according to AAA’s Daily Fuel Gauge Report. As summer approaches, demand for gasoline rises, typically pushing prices up around 20 cents a gallon. And gas prices could rise another 50 cents a gallon or more, analysts say, if the diplomatic and economic standoff over Iran’s nuclear ambitions escalates
  • White House to propose raise for federal workers (0.5% pay increase proposed)

    01/06/2012 10:17:59 AM PST · by NormsRevenge · 27 replies
    Yahoo ^ | 1/6/12 | Charles Riley |
    The federal worker pay freeze might be over. The White House will propose a 0.5% pay increase for federal workers in its 2013 budget proposal, an official from the Office of Management and Budget said Friday. Federal pay has been frozen since December 2010, when Congress signed off on an Obama administration proposal to freeze federal worker pay for two years in the name of deficit reduction. The administration is expected to release its new budget in February, and any proposed increase in federal pay will require the approval of Congress. Even if it does become law, the 0.5% increase...
  • Former Googler Asks Obama: Please Raise My Taxes!

    09/26/2011 5:13:03 PM PDT · by Son House · 31 replies
    Forbes ^ | Tomio Geron
    Former early Google employee Doug Edwards had a message for President Obama today: Raise my taxes, please. Edwards, who was employee #59 at Google and is now not working, asked the question in Mountain View, Calif. at the Town Hall event today Obama held with LinkedIn to discuss job creation. “My question is would you please raise my taxes?” Edwards said from the audience during the question and answer period. “I would like very much for our country to continue to invest in things like Pell grants, infrastructure, job training–programs that made it possible for me to get to where...
  • House Fails to Raise Debt Ceiling to $16.7 Trillion

    05/31/2011 5:54:11 PM PDT · by Nachum · 26 replies
    Silver Doctors ^ | 5/31/11 | staff
    The House has officially failed to pass legislation raising the Federal Debt limit to $16.7 trillion. The vote was not even close, with 288 Nays to 74 Yeas. Only 1 Republican voted to increase the debt limit, with 228 voting against the increase. Don't worry Turbo Tim, The Bernank can just turn on the printers if you run low on federal employee pension funds. Now that Republicans have made their symbolic vote against the increase, we'll see how long it takes them to cave and agree on $30-$50 million in budget deductions and pass the debt increase.
  • Al Qaeda members hide in Brazil, raise money: report

    04/02/2011 4:47:32 PM PDT · by NormsRevenge · 21 replies
    Yahoo ^ | 4/2/11 | Raymond Colitt - Reuters
    BRASILIA (Reuters) – Al Qaeda operatives are in Brazil planning attacks, raising money and recruiting followers, a leading news magazine reported Saturday, renewing concerns about the nation serving as a hide-out for Islamic militants. Veja magazine, in its online edition, reported that at least 20 people affiliated with al Qaeda as well as the Lebanese Shi'ite Muslim group Hezbollah, the Palestinian group Hamas and two other organizations have been hiding out in the South American country. The magazine said these operatives have been raising money and working to incite attacks abroad. The magazine cited Brazilian police and U.S. government reports,...
  • Salem School Committee members want 140 percent pay raise

    03/07/2011 6:23:18 AM PST · by massmike · 7 replies ^ | 03/07/2011 | Matthew K. Roy
    Faced with a budget for next year that the mayor has described as the most challenging in recent memory, School Committee members have taken steps to more than double their own pay. School Committee member Brendan Walsh told the City Council's finance subcommittee last week that a pay increase was long overdue. The committee's current pay of $2,500 a year was set in 1989 and has not been adjusted since then, he said. Walsh argued that the pay was not adequate given the heavy workload committee members shoulder and the substantial time investment they make. He also said the low...
  • To Raise,Or Not To Raise...That Is the Question (An Act of Worship for Some)~Imported from Mod-Blog

    02/07/2011 8:31:01 AM PST · by SeanG200 · 16 replies
    Religio-Political Talk (RPT) ^ | 2-7-2011 | Papa Giorgio
    ....I come from a conservative background of the Protestant church tradition. My friends and family tend to be non-demonstrative lot at church, with little more than the occasional “A-men!” when we are REALLY moved. So, it has bothered me to see a particular phenomenon from the charismatic/pentecostal tradition starting to appear in church – the raising of hands. This action, usually done during singing, always seemed showy to me and distracting. But, it is important to separate “it bothers me” from “it is wrong.” So, I decided to do some research into the phenomenon, and see what the Bible had...
  • Hillary to World: Raise Your Taxes!

    06/09/2010 11:15:33 AM PDT · by Nachum · 25 replies · 47+ views
    human events ^ | 6/9/10 | Rowan Scarborough
    Secretary of State Hillary Clinton, in her push for higher taxes around the world, asserted facts about Brazil's economy that are contradicted by her own department's official profile of the South American country. Clinton has taken on an odd diplomatic priority by urging the U.S., and other countries, to raise taxes. She said during a trip to Pakistan that the country needed to increase taxes.
  • Democrats Aim to Raise Income Taxes for Top Earners(Minnesota)

    05/10/2010 1:18:00 PM PDT · by Son House · 29 replies · 681+ views ^ | 05/10/2010 |
    Democrats who run the Legislature are proposing new income taxes for the wealthiest Minnesotans to help erase a $2.9 billion deficit. The proposal cleared the Senate Taxes Committee on a 9-4 vote on Monday on its way to floor votes in both chambers later in the day. It's part of a broader deficit fix that includes spending cuts and delayed state aid payments for public schools. The tax plan re-ignites a familiar debate between anti-tax Republicans and Democrats who say the state needs new sources of revenue. It would establish a new 9.15 percent tax tier to raise more than...
  • Flashback: Raise GDP to Raise Tax Revenues: That's a Fact(High Taxation, Diminished GDP)

    01/30/2010 4:40:26 AM PST · by Son House · 4 replies · 276+ views
    The Greens Real World Blog ^ | JUNE 12, 2008 | By James
    Would you like to befuddle, if not belittle, your far left tax raising friends, neighbors and associates? Provide them with a copy of the accompanying FACT based article and demand a FACT based counter position. Since there is none you will not have to wait long. History and the numbers have a way of escaping the far left when such hard information does not fit their purely doctrine based agenda. My favorite line in this piece is the closing short paragraph, "Presidential candidates, instead of disputing how much more tax to impose on whom, would be better advised to come...
  • Health bills would raise taxes well before changes roll out

    11/25/2009 10:11:11 AM PST · by Nachum · 14 replies · 513+ views
    McClatchy ^ | 11/25/09 | David Lightman
    WASHINGTON — Americans could pay billions of dollars more in new taxes for a few years before they're likely to see significant change in the nation's health care system under legislation that Congress is considering. Some analysts said that's not necessarily bad. Delaying major health care changes until at least 2013, as the pending Senate and House of Representatives bills would do, would give the government sufficient money and time to get things right.
  • Norwegian scientists raise concerns about mutated form of swine flu

    11/20/2009 9:20:30 AM PST · by marthemaria · 6 replies · 533+ views
    Scientists in Norway have identified a mutated form of the swine flu virus that is raising concern because it was found in two patients who died of the flu and a third who was severely ill with the disease, officials announced Friday. In a statement, the Norwegian Institute of Public Health said the mutation "could possibly make the virus more prone to infect deeper in the airways and thus cause more severe disease," such as pneumonia.
  • New Bill Would Raise Rates, Says Insurance Group

    10/11/2009 9:29:23 PM PDT · by Nachum · 7 replies · 849+ views
    WaPo ^ | 10/12/09 | Ceci Connolly
    After months of collaboration on President Obama's attempt to overhaul the nation's health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected. The critique, coming one day before a critical Senate committee vote on the legislation, sparked a sharp response from the Obama administration. It also signaled an end to the fragile detente between two central players in this year's health-care reform drama. Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and...
  • Russia's Moves Raise Doubts About Obama's 'Reset'

    08/23/2009 5:55:22 PM PDT · by Nachum · 9 replies · 450+ views
    Time ^ | 8/23/09 | James Marson / Kiev
    The much-trumpeted "reset" of relations between Russia and the U.S. was dealt a slap in the face last week as Moscow went on the offensive against Ukraine and Georgia. After Russian President Dmitri Medvedev waded into Ukrainian politics with barbed criticism of his Ukrainian counterpart's "anti-Russian" policies, Prime Minister Vladimir Putin embarked on a provocative trip to reaffirm support for Abkhazia, the Moscow-backed territory that enjoys de facto independence from Georgia.
  • Congress gave itself a $93,000 raise to "stimulate" the economy(video)

    01/31/2009 11:06:57 AM PST · by Askwhy5times · 34 replies · 1,694+ views
    The Intellectual Redneck ^ | 01/31/09 | The Intellectual Redneck
    If this doesn't make you want to fly to Washington and slap your legislator, nothing ever will. Congress gives itself a $93,000 raise to stimulate the economy. It must be nice to have that kind of extra petty cash cash laying around. Instead of tightening your belt in this recession, wouldn't you like an extra $90,000? Never mind the record deficits. Never mind that ordinary Americans are struggling to pay their bills. Our Congress thinks it is far more important to be able to dole out perks to itself
  • Federal judges lose bid for pay raises (Everyone is suffering...)

    01/01/2009 4:41:28 PM PST · by Libloather · 13 replies · 814+ views
    LA Times ^ | 1/01/09 | David G. Savage
    Federal judges lose bid for pay raisesA quirk in federal law prevents them from getting automatic cost-of-living increases. A bill before Congress to boost their salaries showed promise -- but that was before the Wall Street meltdown. By David G. Savage January 1, 2009 Reporting from Washington -- Joining the many who felt shortchanged by 2008 are the nation's federal judges. They were the only federal employees who did not receive a cost-of-living pay increase. **SNIP** In his fourth year-end report on the federal judiciary, Chief Justice John G. Roberts Jr. said he has been repeating himself. "I suspect many...
  • Congressional Pay - A Modern Modest Proposal

    12/20/2008 9:07:27 PM PST · by redhotright · 8 replies · 368+ views ^ | 2008-12-20 | Red-Hot Right
    One of the debates going on right now in the world of politics has to do with raises. You know, those pesky little pay increases that everyone wants every so often to keep themselves motivated to do their jobs. Take me, for example. I work. And once a year, my efforts are evaluated, and if management comes to the conclusion that my activities merit an increase, then I get a raise. Alternatively, if they do not think I'm doing a good job, then I get no pay increase. The current political firestorm has to do with the raise that Congress...
  • With economy in shambles, Congress gets a raise

    12/17/2008 7:07:30 PM PST · by NormsRevenge · 76 replies · 3,435+ views
    The Hill ^ | 12/17/08 | Jordy Yager
    A crumbling economy, more than 2 million constituents who have lost their jobs this year, and congressional demands of CEOs to work for free did not convince lawmakers to freeze their own pay. Instead, they will get a $4,700 pay increase, amounting to an additional $2.5 million that taxpayers will spend on congressional salaries, and watchdog groups are not happy about it. “As lawmakers make a big show of forcing auto executives to accept just $1 a year in salary, they are quietly raiding the vault for their own personal gain,” said Daniel O’Connell, chairman of The Senior Citizens League...
  • SEIU: 'Yes we can' raise taxes (ad campaign uses Obama and urges new revenues to balance budget)

    12/01/2008 4:45:27 PM PST · by NormsRevenge · 13 replies · 567+ views
    Sac Bee ^ | 12/1/08 | Shane Goldmacher
    With a new crop of state lawmakers being sworn in later today, the state council of one of California's biggest unions has launched an ad campaign featuring President-elect Barack Obama and urged new revenues to balance the state budget. With clips of Obama's election night acceptance speech in the background, the screen in the TV ad flashes with the words "small change won't fill a massive deficit."
  • Upper-Income Taxpayers Scramble After Obama Win

    11/09/2008 4:42:26 PM PST · by epow · 99 replies · 339+ views ^ | 11/9/08 | Truman Lewis
    November 9, 2008 Not everyone is waiting eagerly to hear the details of President-elect Obama's economic stimulus package. Upper-income individuals are seeking shelter from what are likely to be hefty tax increases. Many financial advisors are urging haste -- suggesting their clients make tax-saving moves before the year end, according to Michael Gray, CPA. “The details of tax changes will be negotiated by Congress next year,” says Gray. “According to a summary by the Tax Policy Center, Obama has proposed to restore the 39.6% maximum bracket in 2009 that we had under Clinton for single taxpayers with income exceeding $200,000...
  • 3.9% Average Pay Raise for Federal Employees in 2009 in Temporary Spending Bill

    09/30/2008 9:47:47 AM PDT · by Poundstone · 17 replies · 4,521+ views ^ | September 30, 2008 | Ralph Smith
    3.9% Average Pay Raise for Feds in 2009 in Temporary Spending Bill By Ralph Smith Tuesday, September 30, 2008 As of now, it appears that an average 3.9% pay raise for federal employees will become effective in January 2009. Federal retirees are in line to get a COLA that is going to be about 6% in January (the final figure will be calculated in October). full article at:
  • AP Interview: Granholm says she won't raise taxes again

    12/06/2007 7:32:58 PM PST · by Westlander · 52 replies · 297+ views
    Associated Press ^ | 12-06-2007 | AP
    LANSING, Mich. (AP) - Governor Jennifer Granholm says the most important thing she learned this year is she's not ever going to raise taxes again to deal with any budget shortfalls.
  • U.S. Senate agrees to raise U.S. credit limit (debt ceiling $8.965 trillion, now $9.815 trillion)

    09/27/2007 7:55:32 PM PDT · by NormsRevenge · 32 replies · 941+ views
    Reuters ^ | 9/27/07 | Donna Smith
    WASHINGTON, Sept 27 (Reuters) - With the U.S. government fast approaching its current $8.965 trillion credit limit, the Senate on Thursday gave final congressional approval of an $850 billion increase in U.S. borrowing authority. The Senate voted 53-42 to raise the debt ceiling to $9.815 trillion, the fifth increase in the U.S. credit limit since President George W. Bush took office in January 2001. The U.S. House of Representatives approved the higher debt limit earlier this year as part of the overall budget resolution and the legislation now goes to Bush for his signature. "We have no choice but to...
  • Army Boat Supports Dive Teams Trying to Raise Russian Sub

    09/04/2007 4:59:20 PM PDT · by SandRat · 18 replies · 1,273+ views
    American Forces Press Service ^ | Spc. Morrene E. Randell, USA
    PROVIDENCE, R.I., Sept. 4, 2007 – A light breeze rippled over the dark water of Providence Harbor as two divers sank below the water’s surface, leaving behind a long trail of air hoses and the sound of their breathing through the radio. Navy diver Petty Officer 2nd Class William F. Stetson III, right, gives the “OK” sign to let a fellow sailor know he is receiving proper oxigen flow. The U.S. Army Vessel New Orleans is serving as a diving platform for Navy and Army divers working on raising a Russian submarine in Providence Harbor on the Rhode Island...
  • Mugabe Bans Pay Rises To Push Down Inflation (Zimbabwe)

    08/31/2007 3:15:34 PM PDT · by blam · 24 replies · 631+ views
    The Telegraph (UK) ^ | 8-31-2007 | Graeme Baker
    Mugabe bans pay rises to push down inflation By Graeme Baker Last Updated: 7:48pm BST 31/08/2007 Robert Mugabe, the president of Zimbabwe, yesterday banned pay and price rises without his authorisation in an attempt to tackle the country's hyperinflation. "No one can now raise wages, rents, service charges, prices and school fees on account of increases in the official and unofficial exchange rates," the government-controlled Herald newspaper said. "The net effect of the changes will be to push inflation down." Pay rises for the next six months will have to be approved by the national incomes and prices commission, headed...
  • Members of congress give themselves a pay raise

    06/27/2007 7:57:09 PM PDT · by LdSentinal · 43 replies · 1,441+ views ^ | 6/27/07
    Despite record-low approval ratings, House lawmakers Wednesday voted to accept an approximately $4,400 pay raise that will increase their salaries to almost $170,000. The cost-of-living raise gets lawmakers back on track for automatic pay raises after a fight between Democrats and Republicans last year and again in January killed the pay hike due this year. That was the first interruption of the annual congressional pay hike in seven years. The blowup came after Democrats last year fulfilled a campaign promise to deny themselves a pay hike until Congress raised the minimum wage. Delays in the minimum wage bill cost every...
  • Budget Proposal Includes 3 Percent Pay Raise, Quality-of-Life Enhancements

    02/05/2007 3:53:42 PM PST · by SandRat · 2 replies · 167+ views
    WASHINGTON, Feb. 5, 2007 – President Bush’s defense budget request for fiscal 2008 includes a 3 percent military pay raise as well as increases for housing, health care and other quality-of-life benefits and programs. Bush’s proposed budget, submitted to Congress this morning, includes $137 billion in pay, benefits and health care for 2.1 million active- and reserve-component troops and their families. That includes $2.1 billion more than this year for military pay, continuing a trend that has boosted military pay an average of 32 percent since 2001. If Congress approves the request, the typical E-6 sergeant or petty officer...
  • Virginia's Republican Hams (Republicans About To Attempt Political Suicide Once Again)

    01/22/2007 5:29:05 AM PST · by shrinkermd · 128 replies · 2,003+ views
    Wall Street Journal ^ | 22 January 2007 | Staff
    Virginia was once a solidly conservative Republican state, but in recent years it has tilted Democratic. A big reason for the shift is the GOP's recent love affair with higher taxes. In the 1990s Republican Governors George Allen and Jim Gilmore won sweeping victories running as tax cutters. Then in 2004 Richmond Republicans enacted the largest tax increase in the commonwealth's history -- a $1 billion hike in sales and tobacco taxes. Now they are flirting with another tax hike even though the state has a Blue Ridge Mountain-high $900 million budget surplus. Why? The hot political issue in northern...
  • Pope's Muslim remarks raise security fears

    09/15/2006 1:39:45 PM PDT · by Nachum · 39 replies · 10,231+ views
    The Australian ^ | September 16, 2006 | Philip Pullella in Vatican City
    THE Muslim world's scathing reaction to Pope Benedict's comments on Islam is the biggest challenge to face the pontiff yet and raises concerns over his security, diplomatic and Church sources said today. "My personal reaction was: 'This is a striking statement. Was it a rare slip-up?'" one of the sources said about the Pope's speech in Germany last Tuesday.