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Stories tagged: Government finance

  • WEDNESDAY, NOV. 28, 2012, 9:41 A.M.

    Obama says debt-cutting deal can be reached soon

    WASHINGTON (AP) — President Barack Obama said Wednesday he believes that members of both parties can reach a “framework” on a debt-cutting deal before Christmas, making his case with a …

  • WEDNESDAY, NOV. 28, 2012, 7:56 A.M.

    Obama, Romney to meet at White House Thursday

    WASHINGTON (AP) — President Barack Obama will host his former political rival Mitt Romney for a private lunch at the White House Thursday, their first meeting since the election. Obama …

  • TUESDAY, NOV. 27, 2012, 11:53 P.M.

    Senate Dems divided over cuts to benefit programs

    WASHINGTON (AP) — Senate Democrats are deeply divided over whether cuts to popular benefit programs like Medicare and Medicaid should be part of a plan to address the nation’s financial …

  • TUESDAY, NOV. 27, 2012, 3:55 P.M.

    A big disconnect as ‘fiscal cliff’ clock ticks

    WASHINGTON (AP) — Republicans’ newfound willingness to consider tax increases to avert the “fiscal cliff” comes with a significant caveat: larger cuts than Democrats seem willing to consider to benefit …

  • TUESDAY, NOV. 27, 2012, 8:42 A.M.

    Record Powerball result of changes to boost sales

    DES MOINES, Iowa (AP) — The historic Powerball jackpot boosted to $500 million on Tuesday was all part of a plan lottery officials put in place early this year to …

  • MONDAY, NOV. 26, 2012, 11:53 P.M.

    GOP senator offers ‘fiscal cliff’ solution

    WASHINGTON (AP) — A freshman GOP senator is jumping into the debate on how to avoid a “fiscal cliff” of tax hikes and automatic spending cuts, advocating a mix of …

  • MONDAY, NOV. 26, 2012, 3:10 P.M.

    Despite talk of compromise, fiscal deal elusive

    WASHINGTON (AP) — Talk of compromise on a broad budget deal greeted returning lawmakers Monday, but agreement still seemed distant as the White House and congressional Republicans ceded little ground …

  • MONDAY, NOV. 26, 2012, 10:45 A.M.

    Report: Obama health law a good deal for states

    WASHINGTON (AP) — States will receive more than $9 in federal money for every $1 they spend to cover low-income residents under President Barack Obama’s health care law, according to …

  • MONDAY, NOV. 26, 2012, 10:20 A.M.

    White House: Tax hike threat could hurt retailers

    WASHINGTON (AP) — Despite early signs of robust sales, White House economists warned Monday that the uncertainty of a potential hike in taxes next year for middle class taxpayers under …

  • MONDAY, NOV. 19, 2012, 11:25 A.M.

    Unions show muscle, spent millions in state races

    WASHINGTON (AP) — When Maggie Hassan won the New Hampshire governor’s race, it wasn’t just a victory for her fellow Democrats. Unions spent millions backing Hassan with television ads and …

  • WEDNESDAY, NOV. 14, 2012, 2:39 P.M.

    Boehner: No tax rate boost to avert fiscal cliff

    WASHINGTON (AP) — House Speaker John Boehner says Republicans want to cooperate with President Barack Obama on reducing federal deficits, but not by raising income tax rates. Boehner spoke soon …

  • WEDNESDAY, NOV. 14, 2012, 12:30 P.M.

    THE RESET: Pelosi decision may affect budget talks

    House Democratic leader Nancy Pelosi’s decision to serve another term in that post will probably have a big influence on efforts by President Barack Obama and Congress to reach an …

  • WEDNESDAY, NOV. 14, 2012, 10:54 A.M.

    Obama: No evidence of security breach in scandal

    WASHINGTON (AP) — President Barack Obama said Wednesday he has seen no evidence that national security was threatened by the widening sex scandal that ensnared his former CIA director and …

  • WEDNESDAY, NOV. 14, 2012, 9:52 A.M.

    Despite what they say, voters favor local taxes

    SACRAMENTO, Calif. (AP) — When it comes to new taxes, voters tend to say government should ask for money from somebody else, like the rich. But that doesn’t always hold …

  • WEDNESDAY, NOV. 14, 2012, 7:04 A.M.

    Governors call for renewing wind energy tax credit

    The fate of a tax credit that advocates say is needed to maintain tens of thousands of wind energy jobs will be decided during high-stakes, last-minute negotiations between President Obama …

  • WEDNESDAY, NOV. 14, 2012, 5:20 A.M.

    Obama: US can’t afford across-the-board tax hike

    WASHINGTON (AP) — President Barack Obama says the economy cannot afford a tax increase on all Americans and is calling on congressional Republicans to support an extension of existing tax …

  • TUESDAY, NOV. 13, 2012, 2:49 P.M.

    Some Dems: drive over ‘fiscal cliff,’ then bargain

    WASHINGTON (AP) — Some Democrats are pushing an unorthodox idea for coping with the “fiscal cliff”: Let the government go over, temporarily at least, to give their party more bargaining …

  • TUESDAY, NOV. 13, 2012, 11:29 A.M.

    Governors call for renewing wind energy tax credit

    The fate of a tax credit that advocates say is needed to maintain tens of thousands of wind energy jobs will be decided during high-stakes, last-minute negotiations between President Obama …

  • MONDAY, NOV. 12, 2012, 2:40 P.M.

    Deficit talks will test the GOP focus on tax rates

    WASHINGTON (AP) — Republican leaders say the government can raise tax “revenues” without raising tax “rates.” But they have yet to detail how they would pursue it. The distinction might …

  • MONDAY, NOV. 12, 2012, 2:34 P.M.

    Panetta: Admin deciding on post-2014 troop levels

    ABOARD A U.S. MILITARY AIRCRAFT OVER THE PACIFIC (AP) — Defense Secretary Leon Panetta said Monday the Obama administration is nearing a decision in the next few weeks on how …

  • MONDAY, NOV. 12, 2012, 12:53 P.M.

    Congress faces agenda of unfinished business

    WASHINGTON (AP) — Congress returns Tuesday to a crowded agenda of unfinished business overshadowed by the urgent need for President Barack Obama and lawmakers to avert the economic double hit …

  • FRIDAY, NOV. 9, 2012, 10:26 A.M.

    Obama: Wealthy must see higher taxes under plan

    WASHINGTON (AP) — President Barack Obama says raising taxes on wealthiest Americans must be part of deficit reduction plan but says he is “open to compromise” and “new ideas.” Obama …

  • WEDNESDAY, NOV. 7, 2012, 2:36 P.M.

    Fiscal cliff combines tax hikes, spending cuts

    WASHINGTON (AP) — So just what is this “fiscal cliff” that has the financial markets rattled and economists and policymakers alike in a tizzy over the potential for sending the …

  • WEDNESDAY, NOV. 7, 2012, 9:43 A.M.

    Top Democrat wants quick deal on ‘fiscal cliff’

    WASHINGTON (AP) — The top Democrat in Congress called Wednesday for a quick solution to Washington’s “fiscal cliff” in an upcoming post-election session of Congress. At the same time, Senate …

  • WEDNESDAY, NOV. 7, 2012, 1:24 A.M.

    Gay marriage, marijuana backed in historic votes

    Altering the course of U.S social policy, Maine and Maryland became the first states to approve same-sex marriage by popular vote, while Washington state and Colorado set up a showdown …

  • TUESDAY, NOV. 6, 2012, 9:53 P.M.

    Maine, Maryland vote to legalize gay marriage

    Voters a continent apart made history Tuesday on two divisive social issues, with Maine and Maryland becoming the first states to approve same-sex marriage by popular vote while Washington state …

  • SATURDAY, NOV. 3, 2012, 9:51 A.M.

    IRS not enforcing rules on churches and politics

    NEW YORK (AP) — For the past three years, the Internal Revenue Service hasn’t been investigating complaints of partisan political activity by churches, leaving religious groups who make direct or …

  • WEDNESDAY, OCT. 31, 2012, 9:56 A.M.

    IRS extends deadline for storm-hit taxpayers

    WASHINGTON (AP) — The IRS is giving taxpayers and tax preparers hit by Hurricane Sandy an extra week to file returns and make payments. The tax agency says the relief …

  • WEDNESDAY, OCT. 24, 2012, 1:31 P.M.

    Chief: Texas’ battered $3B cancer effort endures

    AUSTIN, Texas (AP) — An embattled $3 billion cancer-fighting fund in Texas will recover from a controversy that led two Nobel laureates and others to resign over allegations that politics …

  • TUESDAY, OCT. 23, 2012, 11:09 A.M.

    NY court: Lap dances are not art and are taxable

    ALBANY, N.Y. (AP) — Lap dances are taxable because they don’t promote culture in a community the way ballet or other artistic endeavors do, New York’s highest court concluded Tuesday …



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