Debicella and Himes tackle foreign policy in third debate - WSHU

10 hours 33 min ago

WSHU

Debicella and Himes tackle foreign policy in third debate
WSHU
Connecticut Democrat Jim Himes of the Fourth Congressional District and Republican challenger Dan Debicella debated Monday night at the University of Connecticut's General Re auditorium. It was the third time for the two to debate in this year's ...

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Are Higher US Tax Revenues Not to be taken Positively? - Financialbuzz.com

Mon, 10/20/2014 - 10:50am

Financialbuzz.com

Are Higher US Tax Revenues Not to be taken Positively?
Financialbuzz.com
Experts, Taxes, Budget Office Experts have warned against being overly positive about the growth in tax revenues. The Congressional Budget office (CBO) has reported some good news with budget deficits in the US dropping considerably in the financial ...

A "Normal" Budget Isn't Really Normal - Forbes

Mon, 10/20/2014 - 10:44am

A "Normal" Budget Isn't Really Normal
Forbes
Taxes, spending, and deficits thus appear to be back to “normal.” If anything, fiscal policy in 2014 was slightly ... The Congressional Budget Office often reports 40-year averages to help put budget figures in context. I've invoked 40-year averages as ...

Ted Cruz: A GOP Congress' top priorities - WPTZ The Champlain Valley

Mon, 10/20/2014 - 8:01am

Ted Cruz: A GOP Congress' top priorities
WPTZ The Champlain Valley
On the financial side, Cruz said Congress should pass a balanced budget amendment to eliminate the current and prevent future deficits. He also called for Republicans to abolish the IRS and establish a flat tax, instead of the progressive tax rate that ...

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Open source the CBO! - The Week Magazine

Mon, 10/20/2014 - 6:13am

The Week Magazine

Open source the CBO!
The Week Magazine
The Congressional Budget Office (CBO), as a nonpartisan group tasked with producing "scores" (a sort of predictive l econom analysis) of the macroeconomic and budget impact of congressional bills, is one of the most politically important parts of our ...

Sixth District Issues: Taxes - The Sheboygan Press

Mon, 10/20/2014 - 1:39am

The Sheboygan Press

Sixth District Issues: Taxes
The Sheboygan Press
Both Glenn Grothman and Mark Harris agree on one thing -- the federal government has to start working to reduce the national debt and stop running budget deficits. But how they get there -- and handle spending and taxes -- produces two significantly ...

DelBene, Celis give 1st District a clear choice for Congress - The Seattle Times

Sun, 10/19/2014 - 9:59pm

DelBene, Celis give 1st District a clear choice for Congress
The Seattle Times
The Social Security Trust Fund — money that now covers the shortfall between payroll taxes and benefits — is on track to be wiped out by 2033, according to the trust fund's trustees. But DelBene opposes raising the retirement age or reducing Social ...

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ELECTION PREVIEW: US Rep. Jackie Walorski defends Indiana District 2 seat ... - Goshen News

Sun, 10/19/2014 - 10:10am

Goshen News

ELECTION PREVIEW: US Rep. Jackie Walorski defends Indiana District 2 seat ...
Goshen News
When I served in the Indiana legislature, our team was able to turn a budget deficit into a surplus. We need more of that Hoosier commonsense in ... According to the Congressional Budget Office, the health care law will cost almost $2 trillion and ...

India overhauls fuel regime, drops controls on diesel prices and hikes natural ... - Minneapolis Star Tribune

Sun, 10/19/2014 - 4:41am

India overhauls fuel regime, drops controls on diesel prices and hikes natural ...
Minneapolis Star Tribune
Those subsidies — meant to help poor farmers using diesel-powered water pumps — inadvertently led the country to consume more than four times as much diesel as petrol, at large cost to the national budget. Almost half the country's $23 ... Meanwhile ...

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Jerry Brown has a huge opportunity, assuming he wins his fourth term, and we do - Sacramento Bee

Sun, 10/19/2014 - 3:00am

Sacramento Bee

Jerry Brown has a huge opportunity, assuming he wins his fourth term, and we do
Sacramento Bee
Four years ago, Brown faced a $26 billion budget deficit. There's a surplus now, thanks to a mending ... The result: Democrats won super-majorities in the 2012 legislative races, and voters approved poll-tested tax hikes promoted by some of the most ...

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Budget cut reality - Staunton News Leader

Sat, 10/18/2014 - 8:28pm

Budget cut reality
Staunton News Leader
The shortfall was courtesy of sequestration, mandatory across-the-board federal government spending cuts that took effect last year, chomping a big hole in Virginia's tax revenues. Though McAuliffe rightly said Virginia needs ... Barack Obama has been ...

Your Odds of Being Laid Off: Minimal - Wall Street Journal

Sat, 10/18/2014 - 8:14pm

Wall Street Journal

Your Odds of Being Laid Off: Minimal
Wall Street Journal
That was slightly less than the $486 billion forecast a week earlier by the Congressional Budget Office, and was the narrowest deficit since 2008. The 2014 deficit fell to 2.8% of the country's gross domestic product, the broadest measure of economic ...

Budget cut reality - Staunton News Leader

Sat, 10/18/2014 - 6:54pm

Budget cut reality
Staunton News Leader
The shortfall was courtesy of sequestration, mandatory across-the-board federal government spending cuts that took effect last year, chomping a big hole in Virginia's tax revenues. Though McAuliffe rightly said Virginia needs ... Barack Obama has been ...

If the Republicans win the Senate - TheChronicleHerald.ca (registration)

Sat, 10/18/2014 - 11:15am

If the Republicans win the Senate
TheChronicleHerald.ca (registration)
If Republicans win the Senate, Corker hopes to see progress on long-stalled areas of policy such as free trade, corporate-tax reform, deficit reduction, federal highway funding and a revision of the legal basis for the war in Iraq and Syria. Other ...

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The CBO has not actually scored ObamaCare's deficit impact since 2012 - Canada Free Press

Sat, 10/18/2014 - 10:23am

The CBO has not actually scored ObamaCare's deficit impact since 2012
Canada Free Press
**“The Congressional Budget Office (CBO) has not actually scored the deficit impact of ObamaCare since the summer of 2012”. ... That's the taxes, fees, and penalties under ObamaCare that don't have much, if any, relation to insurance coverage provisions.

1st District candidates cite a different history - The Gazette: Eastern Iowa Breaking News and Headlines

Sat, 10/18/2014 - 1:41am

1st District candidates cite a different history
The Gazette: Eastern Iowa Breaking News and Headlines
Blum points first to decreasing tax rates, specifically for businesses. He adds the caveat that corporate loopholes need to be eliminated, along with the reduction in tax rates. Blum also said Congress needs to reduce regulations, and points especially ...

Jenkins Ads Mislead on Carbon Tax, Coal - FactCheck.org

Fri, 10/17/2014 - 4:38pm

Jenkins Ads Mislead on Carbon Tax, Coal
FactCheck.org
But no carbon tax has been implemented causing electricity rates to increase. What Rahall voted for was the 2013 Congressional Progressive Caucus budget plan to create jobs and reduce the deficit. The proposal also called for a fee of $25 per ton of ...

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How Much Will Obamacare Cost? Bet on 'More Than Expected' - Reason

Fri, 10/17/2014 - 3:49pm

How Much Will Obamacare Cost? Bet on 'More Than Expected'
Reason
... (2010 through 2019) but saving about $143 billion overall because of the various taxes and other revenue it raised. A 2012 Congressional Budget Office (CBO) report figured that Obamacare would shave $109 billion off the deficit between 2013 and 2022.

EDITORIAL: Federal deficit down, but for how long? - Portage Daily Register

Fri, 10/17/2014 - 2:09pm

EDITORIAL: Federal deficit down, but for how long?
Portage Daily Register
According to the Congressional Budget Office report, the deficit has shrunk because tax receipts rose an estimated $239 billion or 8.6 percent -- a sign of the nation's economic recovery -- while spending was kept in check and rose by $44 billion, or 1 ...

Diving Into The Disconnect - PBS NewsHour

Fri, 10/17/2014 - 11:14am

Diving Into The Disconnect
PBS NewsHour
Treasury Secretary Jack Lew and White House Budget Director Shaun Donovan were anxious to talk about some good economic news for a change. And it was good news. The deficit – which had been clocking in at a trillion dollars annually for President ...

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