tax cuts – News Stories About tax cuts - Page 6

Jan 4, 2009 8:03 PM CST

Obama to Unveil $300B Tax Cut

(Newser) - Moving to get congressional Republicans on board with his economic stimulus plan, Barack Obama is eying a whopping $310 billion in individual and business tax cuts, reports the Wall Street Journal. The cuts, which dwarf both of President Bush's and could have a much more immediate impact, would make up...

Axelrod to Warren Haters: Get Over It

Talk Show Roundup

Dec 28, 2008 11:20 AM CST

Axelrod to Warren Haters: Get Over It

Obama aide says tax cut coming; Laura Bush defends George

(Newser) - To those who object to Rick Warren delivering the invocation at Barack Obama's inauguration, chief adviser David Axelrod has a message: chill out. On today's Meet the Press, he heralded the choice as political bridge-building: A conservative pastor praying for a progressive president "is a healthy thing and...

Whom to Thank for This Mess

opinion

Dec 9, 2008 2:59 PM CST

Whom to Thank for This Mess

Bad decisions starting in the '80s triggered the credit crisis

(Newser) - This financial crisis brewed over decades of bad decisions, and, in Vanity Fair, economist Joseph Stiglitz makes sure credit is given where due:

In 1987 President Reagan appointed anti-regulation Alan Greenspan to a regulatory post.
Greenspan offered the markets a "flood of liquidity" that boosted inflation and caused

...

Obama's
Agenda Tilts Left—If He Can Pay for It

analysis

Nov 25, 2008 8:17 PM CST

Obama's Agenda Tilts Left—If He Can Pay for It

Tax-cut fight may define his first year

(Newser) - Will Obama be a progressive president or more of a centrist? Stop looking at Cabinet picks, suggests Nate Silver of FiveThirtyEight.com, and look instead to the president-elect's website. Silver went through Obama's policies and charted them on the political spectrum. The result tilts strongly left on domestic policy, less...

Obama Follows Path Laid Out
by Reagan

analysis

Nov 10, 2008 10:51 AM CST

Obama Follows Path Laid Out by Reagan

Similarities helped in victory; challenge now is governing: pollster

(Newser) - Barack Obama's election was an affirmation, not a rejection, of Ronald Reagan’s principles, writes pollster Scott Rasmussen in the Wall Street Journal. Both espoused platforms of hope and tax cuts during administrations that disgusted voters with economic mismanagement. Obama's challenge now is "attempting to govern with a message...

Pork or Stimulus? Wrangling Sharpens Over 2nd Bailout

Oct 16, 2008 12:25 PM CDT

Pork or Stimulus? Wrangling Sharpens Over 2nd Bailout

Partisan battle lines already being drawn as economic slump appears to worsen

(Newser) - Congress’ partisan battle over the Wall Street bailout could look amateur compared to what lies ahead, the Los Angeles Times reports, as lawmakers consider a second stimulus package to keep the nation out of a steep recession. Republicans want tax cuts, while Democrats are pushing infrastructure projects and other federal...

Subprime Bailout Will
'Stifle' Next President

ANALYSIS

Sep 21, 2008 9:37 AM CDT

Subprime Bailout Will 'Stifle' Next President

And candidates' own plans will add billions to budget deficit

(Newser) - “Change” may be more than an election-year buzzword: Thanks to record deficits and Wall Street's crisis, it could be the only money the next president has left. Barack Obama and John McCain are vowing ambitious projects, reports McClatchy, but “the next president is just not going to have...

Our Economic Cure? Innovation

OPINION

Sep 14, 2008 1:37 PM CDT

Our Economic Cure? Innovation

Innovation, and making it more efficient, can turn gray skies blue

(Newser) - Democrats and Republicans do have something in common: Both parties are wrong on how to resuscitate the flat-lining US economy, Michael Mandel argues in BusinessWeek. Tax cuts or increased government spending aren’t the cure. “Innovation is the best—and maybe the only—way the US can get out...

McCain, Aides Often
Part Ways on Policy

ANALYSIS

Jul 31, 2008 2:10 PM CDT

McCain, Aides Often Part Ways on Policy

Politico documents the differences

(Newser) - Much has been made recently of John McCain’s difficulty in driving a message from his “eclectic and occasionally politically inconvenient hodgepodge of policy positions,” Politico says, but little has been said about how often the candidate’s top aides disagree with him. And while fewer public disagreements...

Lefty Kinda Still Likes This Guy

OPINION

Jul 17, 2008 2:23 PM CDT

Lefty Kinda Still Likes This Guy

Bush has 'lowered my standards'

(Newser) - “What can I say?” writes left-leaning Jonathan Chait in revealing his continued affection for John McCain. “Bush has lowered my standards.” Remember, McCain was once “the country’s foremost progressive champion”—battling the religious right and tax cuts while pushing immigration and anti-global warming advances....

How Fair Is the
'Third Term' Jab?

ANALYSIS

Jun 17, 2008 9:06 AM CDT

How Fair Is the 'Third Term' Jab?

McCain offers some differences, but largely agrees with Bush

(Newser) - With President Bush posting record disapproval ratings, Democrats have gleefully dubbed a John McCain presidency a "third Bush term." The claim is at least partially justified, reports the New York Times in an analysis of the "McBush" charge—McCain agrees with Bush on taxation, health care, the...

Bush's 'Poison Pill' Haunts
Both Parties

Opinion

Jun 16, 2008 9:28 AM CDT

Bush's 'Poison Pill' Haunts Both Parties

McCain backs tax cuts; Obama would roll back only for very rich

(Newser) - President Bush’s tax cuts have become the governmental equivalent of a corporate poison pill, Paul Krugman observes in the New York Times, aimed at hamstringing new stewardship. Both prospective replacements have tax plans very much haunted by the Bush cuts, with one-time critic John McCain promising not only to...

McCain, Obama Outline Dueling Economic Plans

Jun 11, 2008 6:24 AM CDT

McCain, Obama Outline Dueling Economic Plans

Candidates differ sharply on how to get economy rolling again

(Newser) - John McCain and Barack Obama drew clear battle lines yesterday over a central election issue—the sputtering economy. McCain promised to boost the economy with tax cuts and reduced regulation, while Obama set out a strategy to help the hard-hit poor and raise taxes on the rich, reports the Washington ...

How the Middle Class Was Systematically Betrayed

OPINION

May 14, 2008 1:10 PM CDT

How the Middle Class Was Systematically Betrayed

Our 'land of equality' is now a 'bankers' utopia'

(Newser) - Thomas Frank tackles the decline of the American middle class in an outraged op ed piece in today's Wall Street Journal. He confesses fascination with "the mechanics of this huge social reconfiguration," which has, over several decades, shunted the nation's wealth into fewer and fewer hands, until the...

Senate Rejects Temporary Ban on Pork

Mar 14, 2008 7:59 AM CDT

Senate Rejects Temporary Ban on Pork

Congress passes budget plans to roll back tax cuts

(Newser) - The Senate soundly rejected a bid to ban pork barrel spending for a year last night, despite the support of all three presidential candidates who returned to DC for a day of heavy voting, CNN reports. Both the House and Senate also passed budget plans—largely symbolic moves in an...

McCain Outlines More Specific
Fiscal Stance

Mar 3, 2008 12:45 PM CST

McCain Outlines More Specific Fiscal Stance

Candidate looks to cut taxes, project fiscal responsibility

(Newser) - How would John McCain run the economy, really? In an interview with the Wall Street Journal, the candidate tried to answer that question, positioning himself as a fiscally responsible defender of the Bush tax cuts. But the candidate’s tax proposals don’t quite add up, the Journal notes, and...

How Democrats
Will Go After McCain

Feb 8, 2008 7:46 PM CST

How Democrats Will Go After McCain

Strategists say he's vulnerable on the economy and Iraq

(Newser) - Democrats are sharpening their aim and targeting John McCain. The big issue, strategists tell Politico, will be McCain's admission that he's not strong on the economy. They also plan to portray him as a warmonger, delicately bring up his age, and point out the various domestic areas, from tax cuts...

Bush Rallies Base for McCain...

Feb 8, 2008 9:38 AM CST

Bush Rallies Base for McCain...

...Without actually mentioning his former nemesis by name

(Newser) - George W. Bush never mentioned John McCain by name this morning, but he nonetheless sought to give the presumptive GOP nominee a boost among the party's conservative base, the Washington Post reports. "Soon, we will have a nominee who will carry a conservative banner into this election and beyond,...

Who Wins the Flip-Flop Primary?

Feb 5, 2008 3:20 PM CST

Who Wins the Flip-Flop Primary?

Romney and McCain spar over mind-changing label

(Newser) - John McCain and Mitt Romney are calling each other flip-floppers in new online ads that mimic a cutting anti-John Kerry 2004 campaign commercial, the Post’s Michael Dobbs reports. The ads copy its use of the "Blue Danube" Waltz to mock each other's changing views on tax cuts—but...

Dole to Limbaugh: McCain's OK

Feb 5, 2008 5:51 AM CST

Dole to Limbaugh: McCain's OK

Ex-senator defends Mac's record as Republican stalwart

(Newser) - Bob Dole has taken up John McCain's defense in a letter written to Rush Limbaugh, the Chicago Tribune's Swamp blog reports. Answering Limbaugh's charge that McCain could "destroy" the GOP, Dole lists McCain's conservative stands when both were senators. "I cannot recall a single instance when he did...