On Saturday President Obama repeated his position that tax cuts for the middle class should be continued and tax cuts for the rich should be ended, but one Democrat is already caving in to Republicans.
Missouri voters also face a billionaire-funded November ballot initiative that would eliminate the earnings tax in St. Louis and Kansas City.
Republican Party Senate candidates pledged this past week to protect tax loopholes for companies that outsource jobs, according to new media reports.
It's being called a "public relations" ploy, a kind of "Herbert Hoover economics," whose "numbers don't add up.."
Several House and Senate Republicans are complaining that GOP Minority Leader John Boehner fell for a trap laid by President Obama when he said last weekend that, given no other option, he would vote for extending middle class tax cuts even if it meant allowing the Bush tax cuts for the rich to expire.
House Minority Leader John Boehner says he'll vote for Obama's tax plan.
Speaker of the House-hopeful John Boehner offered a return to Republican policies under George Bush in a recent policy speech, which was light on policy, heavy on lies.
Wall Street is up in arms over Obama administration proposals to make banks pay a greater share of taxes, and one billionaire compared Obama to Hitler, saying, "It's war."
President Reagan's budget director, David Stockman, has slammed today's Republican Party for pushing to extend Bush-era tax cuts for the super-rich.
OAKLAND, Calif. - With a City Council vote July 27, Oakland became the first U.S. city to authorize industrial-scale production of medical marijuana.