360° Coverage : The Fiscal Cliff Negotiations Begin

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The Fiscal Cliff Negotiations Begin

Source: The American Conservative, Nov 8 2012, 8:10am CST

Yesterday I briefly suggested the terms of a possible deal on the so-called fiscal cliff: Extract more revenue by capping or eliminating tax deductions, as per the Romney-Ryan tax reform plan, and leave the Bush tax rates in place. Finan ...

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10

40 minutes ago

Gov. Rick Snyder: Michigan budget plan contains 'good things' but 'more work' needs to be done

Source: MLive.com  |   May 21 2013, 6:09pm CDT

LANSING, MI - Gov. Rick Snyder on Tuesday said an agreement on budget targets reached by Republican leaders contains “many good things for Michigan” – but it leaves some long-term issues unresolved. The target agreement– which could be voted on in the Le ...

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Update
9

1 hour ago

Marketplace Fairness Act Facing Congressional Opposition

Source: Freshnews.com  |   May 21 2013, 5:02pm CDT

DALLAS, May 21, 2013 /PRNewswire/ -- The Marketplace Fairness Act, passed Monday, May 6, 2013 in the United States Senate (Senate Bill 743) by a 2 to 1 ratio with bipartisan support, seems likely to face a more difficult challenge fr ...

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Update
8

2 hours ago

Senate GOP leaders propose compromise tax plan

Source: Kansas.com  |   May 21 2013, 4:21pm CDT

TOPEKA — In the latest twist on tax talks, Senate Republicans pitched a compromise plan Tuesday to drop the state’s temporarily elevated sales tax from 6.3 percent to 6.25 percent while dropping income tax rates and phasing ...

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Update
7

6 hours ago

Tax negotiations to resume at Kansas Statehouse

Source: Kansas.com  |   May 21 2013, 12:18pm CDT

TOPEKA — A week after House Republicans offered a compromise tax plan, Senate Republicans Tuesday said they’d make a compromise pitch of their own in hopes of breaking the stalemate. The movement came Tuesday mor ...

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Update
6

7 hours ago

Why Social Security Needs Separate Treatment

Source: U.S. News & World Report  |   May 21 2013, 11:01am CDT

Like the fiscal Bobbsey twins, Social Security never seems to travel without its beleaguered entitlements companion, variously called health care, or Medicare, or sometimes Medicare and Medicaid. This linkage is ubiquitous. To cite just one ex ...

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Update
5

22 hours ago

Leaders hit snag on fiscal issues

Source: HutchNews.com  |   May 20 2013, 8:36pm CDT

Published: 5/20/2013 7:56 PM | Last update: 5/20/2013 7:56 PM TOPEKA - Kansas legislators were stalemated Monday on spending and tax issues as Republican leaders publicly bickered over GOP Gov. Sam Brownback's plan to stabilize ...

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Update
4

22 hours ago

Apple’s U.S. tax fallout set to have global impact

Source: MacDailyNews  |   May 20 2013, 8:25pm CDT

“The clamour surrounding Apple’s tax affairs in Washington on Monday is set to reverberate around the world in the coming days, following revelations that taxpayers abroad have suffered more than those in the US from the company’s tax avoidance tacti ...

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Update
3

1 day ago

NJ Gov. Christie lowers revenue projections by $165 mln next year

Source: Reuters Mobile  |   May 20 2013, 5:37pm CDT

May 20 (Reuters) - New Jersey Governor Chris Christie's administration on Monday cut state revenue projections through fiscal 2014 by $165 million, in part because of lower energy-related revenue, but the shortfall is not nearly ...

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Update
2

1 day ago

Shrinking deficits reduces pressure for US budget deals

Source: The Borneo Post  |   May 20 2013, 5:29pm CDT

WASHINGTON: The chances of a deal between Democratic and Republican lawmakers that would overhaul the US tax system, trim government spending and reform safety net spending programmes appear to be fading. A sudden improvement in the outlook for ...

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1

1 day ago

Those poor tax reformers

Source: Blue N.C.  |   May 20 2013, 12:06pm CDT

So in next spring’s primary, for example, we can expect that anti-tax, tea-party Republicans who vote for any tax-reform measure will get hit with a charge that they supported a tax increase. After the bills are debated, and maybe approved, we ...

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