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Keyword: taxbill

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  • G.O.P. Leaders in House Pull Tax Bill, Citing Lack of Votes

    12/20/2012 5:33:30 PM PST · by SeekAndFind · 51 replies
    New York Times ^ | 12/20/2012 | JONATHAN WEISMAN
    WASHINGTON – House Republican leaders abruptly pulled their fallback tax bill from the floor Thursday night, conceding that they did not have the votes to pass it. “The House did not take up the tax measure today because it did not have sufficient support from our members to pass,” Speaker John A. Boehner said in a statement. “Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff.” The decision was a major setback for the speaker, who was pushing his so-called Plan B to prevent lower tax rates from expiring on...
  • Extend the Bush Tax Cuts Now

    05/18/2012 4:51:08 AM PDT · by Kaslin · 10 replies
    Townhall.com ^ | May 18, 2012 | Larry Kudlow
    House Speaker John Boehner is playing a heroic role right now. In his efforts to prevent the Bush tax cuts from expiring, Boehner is aggressively taking on President Obama's leadership ineptitude on the economy. In essence, Boehner is pushing a Republican policy to wrap up a debt-limitation bill and extend the Bush tax cuts in one fell swoop before the election -- and before all the last-minute, crisis-oriented political machinations that would come in a lame-duck Congress, threatening another credit downgrade and leading to a business-hiring freeze and plunging stock market, all of which happened last year. Tax-cut certainty is...
  • Why Your 2012 Tax Bill May Jump By $8,000

    02/04/2012 9:37:56 AM PST · by Qbert · 76 replies
    Daily Finance ^ | 02/03/12 | DAN CAPLINGER
    From Mitt Romney to Warren Buffett, people are clamoring for fairer taxes. But thanks to yet another lapse by our lawmakers in Washington, more than 20 million taxpayers may pay a tax that was originally designed to hit only the ultra-rich -- and the increase could cost you as much as $8,000. When it was first designed, the alternative minimum tax, or AMT, was meant to make taxes more fair. The idea behind the AMT was to make sure that rich people didn't use deductions to zero out their taxes every year. Because of inflation, though, the AMT threatens to...
  • Boehner: Pipeline project will stay in tax bill

    12/16/2011 11:26:28 AM PST · by jazusamo · 17 replies
    The Washington Times ^ | December 16, 2011 | Sean Lengell
    House Speaker John A. Boehner “guaranteed” Friday that the House version of legislation to extend the current payroll tax break would include a provision for quick action on the massive Keystone oil pipeline project, a provision that President Obama strongly opposes. The Ohio lawmaker’s unwavering position came as tensions on Capitol Hill had subsided significantly in the wake of a bipartisan compromise announced late Thursday to keep federal agencies funded into next year — a move needed to avoid a government shutdown on Saturday. The House already has passed legislation that extends the 2 percent payroll tax cut into 2012,...
  • Little Barry Finally Has a Bill!

    09/12/2011 2:51:53 PM PDT · by Evil Slayer · 26 replies
    RushLimbaugh.com ^ | 9/12/11 | Rush Limbaugh
    RUSH: You know who the happiest guy in America Thursday night probably was? Obama. And you know why? 'Cause he knew that I wasn't gonna be here on Friday to talk about that debacle of a stupid speech, but I'm here today. And now we've got a replay, pomp and circumstance in the Rose Garden this morning where Obama, little Barry had a bill, little Barry had a bill. (imitating Obama) "I've been reading, people say I don't have a bill. Well, here it is." There was applause. How about our budget next? How about a budget? BREAK TRANSCRIPT The...
  • Is the Republican Party Finished?

    12/29/2010 3:23:30 AM PST · by Scanian · 106 replies · 24+ views
    The American Thinker ^ | December 29, 2010 | Michael Filozof
    The lame-duck session of the 111th Congress proved one thing beyond a doubt: the Republican Party does not represent the interests of conservatives. Despite the midterm election tidal wave, in which the Republican Party gained 63 House seats (eclipsing its historic1994 success against Clinton), congressional Republicans failed to leverage their victory into political clout and collapsed like a house of cards in the lame-duck session. The last two weeks ought to have sickened conservatives. Senate Majority Leader Mitch McConnell spectacularly failed to hold his caucus together to even delay ratification of the START treaty until the 112th Congress is seated...
  • Obama salutes spirit of compromise, signs tax bill

    12/17/2010 2:47:37 PM PST · by NormsRevenge · 21 replies
    AP on Yahoo ^ | 12/17/10 | Jim Kuhnhenn - ap
    WASHINGTON (AP) -- President Barack Obama saluted a new spirit of political compromise Friday as he signed into law a huge tax bill extending cuts for all Americans -- including benefits for the rich that he and congressional liberals had denounced -- along with billions of dollars in help for the middle class and jobless workers. "It's a good deal for the American people; this is progress and that's what they sent us here to achieve," Obama said as a rare bipartisan assembly of lawmakers looked on. The package retains Bush-era tax rates for all taxpayers, from the working poor...
  • thought they would start reading the bill at 6pm? Anyone knows?

    12/16/2010 4:40:27 PM PST · by American Dream 246 · 32 replies
    12/16/10 | American Dream 246
    Hello all. I am on Cspan but nobody is reading the bill. I thought Demint was forcing that? Heard that they would start reading at 6pm. Please enlight me. Thanks.
  • Omnibus Bill Funds DC Abortions, Planned Parenthood

    12/16/2010 3:08:37 PM PST · by julieee · 8 replies
    LifeNews.com ^ | December 16, 2010 | Steven Ertelt
    Omnibus Bill Funds DC Abortions, Planned Parenthood Washington, DC -- The omnibus appropriations bill the Senate will consider this weekend or early next week to fund the federal government contains a laundry list of goodies for pro-abortion groups. http://LifeNews.com/nat-6939
  • The Dems' Lame-Duck Land Grab

    12/15/2010 3:51:55 AM PST · by Kaslin · 3 replies · 1+ views
    Townhall.com ^ | December 15, 2010 | Michelle Malkin
    Environmentalists hate sprawl -- except when it comes to the size of their expansive pet legislation on Capitol Hill. In a last-ditch lame duck push, eco-lobbyists have been furiously pressuring Senate Majority Leader Harry Reid, D-Nev., to pass a monstrous 327-page omnibus government lands bill crammed with more than 120 separate measures to lock up vast swaths of wilderness areas. Despite the time crunch, Senate Democrats in search of 60 votes are working behind the scenes to buy off green Republicans. House Democrats would then need a two-thirds majority to fast-track the bill to the White House before the GOP...
  • Dianne Feinstein warns of debt as Senate votes on tax cuts

    12/15/2010 12:56:03 PM PST · by SmithL · 29 replies
    SFGate: Politics Blog ^ | 12/15/10 | Carolyn Lochhead - Chronicle Washington Bureau
    The Senate is voting now to pass, overwhelmingly, the $858 billion compromise between President Obama and congressional Republicans on taxes and unemployment insurance. California's Democratic Sens. Dianne Feinstein and Barbara Boxer support the bill, but Feinstein warned of deep cuts ahead in an impassioned, extemporaneous speech on the eve of the vote. She said the Senate needs to immediately "pivot" to debt reduction, citing her experience as mayor of San Francisco in proposing cost-cutting to wake up the public about the threat. Feinstein said she worried about the vote over last weekend, and didn't like the reduction in the estate...
  • 'Big Slade' steps into huge void and takes command

    12/11/2010 3:22:26 AM PST · by Scanian · 12 replies
    NY Post ^ | December 11, 2010 | Charles Hurt
    Washington-- Sometimes in life, no matter how much of a man you may think you are, you just can't get the job done. And that's when, as fans everywhere of the cult classic "Kentucky Fried Movie" know, it is time to call in Big Jim Slade. So it was yesterday that President Obama in his moment of public frustration and impotent despair looked around while Democrats fled from him and Republicans snickered at him. Who at that moment should come crashing through the tacky partition wall but Big Jim Slade himself -- also known as "Bubba," "Elvis" and the former...
  • Disgusting Dems: Rep Says Obama’s Tax Deal is “Republican’s Wet Dream Act”

    12/08/2010 4:11:10 PM PST · by Pacothecat · 9 replies
    Disgusting Dems: Rep Says Obama’s Tax Deal is “Republican’s Wet Dream Act” http://www.theblaze.com/stories/disgusting-dems-rep-says-obamas-tax-deal-is-republicans-wet-dream-act/
  • GOP pushes tax bill through Congress

    12/09/2006 5:15:09 AM PST · by prairiebreeze · 40 replies · 1,292+ views
    ap/cbs news ^ | December 9, 2006 | ANDREW TAYLOR
    (AP) In its last hours of GOP control, Congress passed a raft of bills big and small, most significantly a sweeping bill reviving expired tax breaks, extending trade benefits for developing countries and protecting doctors from a big cut in Medicare payments. The Senate cleared the bill for President Bush's signature early Saturday by a 79-9 vote. Final adjournment followed after the House and Senate cleared away a bevy of other legislation, including bills reauthorizing health research programs at the National Institutes of Health and an overhaul of fisheries management. Speaker Dennis Hastert, R-Ill., gaveled the House to a close...
  • Democrats Fume Hollywood Not in Tax Bill

    10/07/2004 4:45:17 PM PDT · by NormsRevenge · 20 replies · 1,112+ views
    AP on Yahoo ^ | 10/07/04 | Erica Werner - AP
    WASHINGTON - A corporate tax bill nearing passage leaves out Hollywood's top priority — and Democrats are fuming that the GOP is punishing movie studios for hiring a Democrat as their top lobbyist. The bill would repeal a tax break for American companies that has been ruled illegal by the World Trade Organization (news - web sites) and replace it with more than $140 billion in tax breaks for numerous businesses. Under a Senate version of the bill, movie studios were in line for $1 billion or more in replacement tax credits. But congressional Republicans voted the credits out of...
  • Bush-GOP ferocity alters American politics

    05/30/2003 11:01:24 PM PDT · by LdSentinal · 59 replies · 217+ views
    The Seattle Times ^ | 5/30/03 | E.J. Dionne
    <p>WASHINGTON — President Bush's signature on his big tax cut bill Wednesday marked a watershed in American politics.</p> <p>The rules of policy-making that have applied since the end of World War II are now irrelevant. A narrow Republican majority will work its partisan will, no matter what. Democrats, at least until 2004, will have the grim satisfaction of being a relatively unified opposition that will suffer just enough defections to fail at the finish line.</p>
  • Special interests lose out in tax bill (Now this is BIG News )

    05/22/2003 4:17:44 PM PDT · by Ernest_at_the_Beach · 16 replies · 200+ views
    The San Francisco Chronicle ^ | Thursday, May 22, 2003 | LARRY MARGASAK, Associated Press Writer
    <p>Nevada's tourist industry, airplane sightseeing companies in Hawaii, high speed Internet providers and soldiers in the war on terror lost out when lawmakers stripped all special interest provisions from the tax bill.</p> <p>Tax measures often are filled with provisions to benefit specific groups and businesses, and the Senate version started out that way -- with members even hailing their success in news releases.</p>
  • Lawmaker Sees Export Tax Bill Action Soon (WTO tell america revamp the export tax breaks)

    06/19/2002 7:55:05 PM PDT · by WakeUpChristian · 2 replies · 156+ views
    Reuters ^ | Wed Jun 19,10:18 PM ET | By Doug Palmer
    Lawmaker Sees Export Tax Bill Action Soon Wed Jun 19,10:18 PM ET By Doug Palmer WASHINGTON (Reuters) - In a bid to prevent the European Union ( news - web sites) from slapping sanctions on billions of dollars of exported American goods, a key lawmaker said on Wednesday he expected action by early August on bill to revamp tax breaks for U.S. exporters. The United States is under pressure to change the provisions because of a series of World Trade Organization ( news - web sites) rulings that the tax breaks amount to an illegal subsidy under trade rules. The...
  • H.R. 3991 Defeated In House! (Surprise Victory For Taxpayers)

    04/12/2002 11:01:04 AM PDT · by Middle Man · 5 replies · 173+ views
    U.S. House of Representatives ^ | April 10, 2002 | None
    Go here to see how your representative voted on the heinous H.R. 3991, the ludicrously mistitled "Taxpayer Protection and IRS Accountability Act of 2002".
  • If You Think The IRS Has Too Much Power Now, Help Defeat H.R. 3991

    04/01/2002 12:49:51 PM PST · by Middle Man · 73 replies · 847+ views
    Go here to read the bill in its entirety.