Moves for a “left alliance” government accelerate in Portugal - World Socialist Web Site

8 hours 44 min ago

Moves for a “left alliance” government accelerate in Portugal
World Socialist Web Site
This is despite years of deeply unpopular spending cuts, wage freezes and tax increases, record unemployment and the sight of hundreds of thousands of young people being forced to emigrate. Smaller fake left parties could hold ... The PS subsequently ...

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US Rep. Sanford Bishop, D-Albany - The Albany Herald

Sun, 05/24/2015 - 9:31pm

US Rep. Sanford Bishop, D-Albany
The Albany Herald
Niki Tsongas, D-Mass., said it was unnecessary and not related to the question of military funding, and Congress should not adopt legislation that micromanages the scientific process of determining whether to list species as endangered or threatened ...

Welfare cuts in Kansas, Missouri could be a hint of things to come - Kansas City Star

Sun, 05/24/2015 - 6:30pm

Kansas City Star

Welfare cuts in Kansas, Missouri could be a hint of things to come
Kansas City Star
“It's all a part of undermining the safety net, and undermining support for the safety net,” said Liz Schott of the Center for Budget and Policy Priorities, a left-of-center Washington think tank. “They're shredding it, and shredding it with impunity ...

Op-ed: Ex-Im Bank is corporate welfare for a narrow group - Salt Lake Tribune

Sun, 05/24/2015 - 4:40pm

Op-ed: Ex-Im Bank is corporate welfare for a narrow group
Salt Lake Tribune
To keep the tax dollars flowing, bank supporters have been on a charm offensive to make sure that Congressional representatives toe the line and reauthorize the bank. But they're running into a roadblock. Thankfully for hard-working Utah taxpayers ...

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How SC members of Congress voted, week ending May 22 - Spartanburg Herald Journal

Sun, 05/24/2015 - 10:25am

How SC members of Congress voted, week ending May 22
Spartanburg Herald Journal
Because the bill would reduce tax revenue, it would increase annual budget deficits by a total of $182 billion over 11 years, according to the Joint Committee on Taxation. The bill would expand the share of a company's expenses eligible for the credit ...

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Area Votes in Congress - Philly.com

Sun, 05/24/2015 - 3:06am

Area Votes in Congress
Philly.com
Because the bill would reduce tax revenue, it would increase annual budget deficits by $182 billion over 11 years, according to the Joint Committee on Taxation. The bill would expand the share of a company's expenses eligible for the credit and raise ...

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Stupid Pentagon Budget Tricks - New York Times

Sat, 05/23/2015 - 2:30pm

New York Times

Stupid Pentagon Budget Tricks
New York Times
Presidents do not often veto defense budget bills, which annually set spending levels for the huge military structure intended to keep the country safe. But President Obama has threatened to do just that this year, and he should follow through if ...

Conservatives keep power in weaker, less united United Kingdom - The Militant

Sat, 05/23/2015 - 10:23am

Conservatives keep power in weaker, less united United Kingdom
The Militant
... Osborne announced that he will present a budget for “working people” in July. The Labour Party, founded in 1900 based on the Trades Union Congress, has been transformed over the last four decades in the midst of a continuing decline of the labor ...

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Slovak PM launches re-election drive with tax cuts, wage hikes - Reuters Africa

Sat, 05/23/2015 - 9:11am

Slovak PM launches re-election drive with tax cuts, wage hikes
Reuters Africa
Fico said his measures, including a cut in the tax on food to 10 percent from 20 percent and a rise in the minimum wage to close to 400 euros ($441) per month from 380 euros, would cost 200 million euros, but would not raise the budget deficit. "If the ...
Slovak Premier Pledges Spending as His Support Drops Before VoteBloomberg

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Roll Call: Votes in Congress - BlueRidgeNow.com

Sat, 05/23/2015 - 7:33am

Roll Call: Votes in Congress
BlueRidgeNow.com
Because the bill would reduce tax revenue, it would increase annual budget deficits by a total of $182 billion over 11 years, according to the Joint Committee on Taxation. The bill would expand the share of a company's expenses eligible for the credit ...

and more »

Bobby Jindal's 'economic miracle' is a mirage: Robert Mann - NOLA.com

Fri, 05/22/2015 - 9:15am

NOLA.com

Bobby Jindal's 'economic miracle' is a mirage: Robert Mann
NOLA.com
According to a report by the congressional Joint Economic Committee, not much. "In March, private-sector employment in Louisiana fell by 2,000 jobs ... A new report from the Center on Budget and Policy Priorities examined states like Louisiana that ...

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A citizen's open letter to Congress - The Hill (blog)

Fri, 05/22/2015 - 8:00am

The Hill (blog)

A citizen's open letter to Congress
The Hill (blog)
This is a Congress that has passed one bad budget after another, spending six times as much on “defense” as it did on education in 2014. This is a Congress that has allowed sickening ... Millions of Americans cannot find work thanks to Congress ...

Why Nobel economists say Christie's 2016 economic plan is not much of a plan - NJ.com

Fri, 05/22/2015 - 7:33am

NJ.com

Why Nobel economists say Christie's 2016 economic plan is not much of a plan
NJ.com
However, a recent landmark study has found the opposite: Six decades of data examined by the Congressional Research Service found that top tax rates "have had little association with saving, investment, or productivity growth." As such, Diamond ...

Political News, Now. - New York Times

Fri, 05/22/2015 - 7:01am

New York Times

Political News, Now.
New York Times
Foundation officials said that the charitable contributions were different from the speeches, which are listed as revenue on financial forms because there is no tax deduction credited to the host group. Last week Mrs. Clinton released her personal ...

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UPDATE 2-India's Jaitley promises better tax regime for companies - Reuters

Fri, 05/22/2015 - 5:11am

Business Today

UPDATE 2-India's Jaitley promises better tax regime for companies
Reuters
Modi's nationalist Bharatiya Janata Party had accused the previous Congress-led government of "tax terrorism". But having pledged to overhaul the tax regime, Modi's pro-business government was caught flat-footed in a row with foreign portfolio ...
Jaitley promises better tax regime for companiesBusiness Standard

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Manchin on Congress: 'We Never Acknowledge We've Made a Mistake' - PJ Media (blog)

Fri, 05/22/2015 - 1:56am

PJ Media (blog)

Manchin on Congress: 'We Never Acknowledge We've Made a Mistake'
PJ Media (blog)
V.), who was elected to the Senate in 2010, said he is still struggling to learn the “new math” used in Washington that leads to deficits rather than balanced budgets. “The first day I came to the Senate I said, 'What's our revenue?' Well ... Manchin ...

Rocky road funding - The Hill (blog)

Thu, 05/21/2015 - 12:01pm

GovExec.com

Rocky road funding
The Hill (blog)
The shortfalls are due, in large part, to declining gas tax revenue: Changing driving habits and improved vehicle efficiency have reduced demand for fuel, and gas tax rates have not kept up with inflation. For many of the same reasons, the ... deficits ...
Texas waits while Congress stalls on highway fundingHouston Chronicle (subscription)
U.S. Highway Funding Extension Through July Passed by HouseBloomberg
Congress Can't Solve the Infrastructure CrisisGovExec.com
Daily Caller -The Handy Shipping Guide
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Lawmakers jumping onto energy bill bandwagon - Environment & Energy Publishing

Thu, 05/21/2015 - 9:52am

Lawmakers jumping onto energy bill bandwagon
Environment & Energy Publishing
both want to see the Senate's package include provisions to expand the sharing of offshore drilling revenue with coastal states. That's been a tricky lift historically because of the budgetary impacts of such legislation, which in the past has included ...

The High Cost of Dirty Fuels - New York Times

Thu, 05/21/2015 - 3:21am

New York Times

The High Cost of Dirty Fuels
New York Times
Last year, for example, the Indian government stopped subsidizing the retail price of diesel to reduce its budget deficit. Meanwhile, China is trying to reduce coal use for electricity generation in an effort to improve the ... Congress should also ...

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House passes bill to make research tax break permanent - Kansas City Star

Wed, 05/20/2015 - 10:04pm

Wall Street Journal

House passes bill to make research tax break permanent
Kansas City Star
The White House threatened to veto the bill because it would add $182 billion to the budget deficit over the next decade. President Barack Obama said he supports making the popular tax break permanent but wants to offset the cost by eliminating other ...
House Votes to Permanently Extend Research Tax CreditWall Street Journal

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