Standard and Poor’s vindicates Tea Party with downgrade of U.S. Debt
Activism, Breaking News Saturday, August 6th, 2011
First off, I should start with a caveat. I have no love for the ratings agencies.
Gold to hit $2,000 before year end
Finance Thursday, August 4th, 2011
Gold at $2,000? I didn’t used to think so – but now I am not so sure. In fact, I’m almost convinced it will happen before the year is out.
Debt Deal Compromise to Spark Debate on Medicare Cuts, Taxes
Taxes Wednesday, August 3rd, 2011
Aug. 3 (Bloomberg) — President Barack Obama’s signature on a bill raising the debt limit sealed a compromise that averted a U.S. default even as it did nothing to narrow the gulf between Republicans and Democrats over tax increases and spending cuts.
Will the planned fiscal committee increase taxes?
Taxes Monday, August 1st, 2011
If the proposed debt limit deal becomes law, it will create a 12 member bipartisan congressional committee charged with coming up with $1.5 trillion in deficit reductions by Thanksgiving.
‘Gang of 6′ plan would raise taxes
Taxes Friday, July 22nd, 2011
Would your taxes go up or go down if the “Gang of Six” plan were adopted? That’s the $1 trillion question.
Debt-limit talks: As Obama, Boehner rush to strike deal, Democrats are left fuming
Finance Friday, July 22nd, 2011
President Obama and House Speaker John A. Boehner rushed Thursday to strike agreement on a far-reaching plan to reduce the national debt but faced a revolt from Democrats furious that the accord appeared to include no immediate provision to raise taxes.
Gold Extends Record Rally, Jumping Above $1,600
Breaking News, Finance Monday, July 18th, 2011
Gold surged to an all-time high above $1,600 an ounce Monday, extending a record rally as investors sought a safe haven on fears that U.S. lawmakers could fail to raise the debt limit, resulting in a default.
Debt Talks Complicated by What’s a Tax Hike
Headlines, Taxes Wednesday, July 6th, 2011
Congressional Republicans are refusing to include tax increases in a bill to raise the U.S. debt limit, even as they fight with each other and with Democrats about how to define just what a tax increase is.
Rand Paul Plans Filibuster Over Debt Ceiling
Finance, Headlines Monday, July 4th, 2011
On Newsmakers, Senator Rand Paul (R-KY) said he will hold up the Senate’s business next week to force a debate on the debt limit. The Senate canceled its Fourth of July break to ensure discussions on raising the debt ceiling continues, but most of the discussions are happening behind the scenes.
Federal deficit impasse hinges on parties’ tax ideology
Taxes Saturday, July 2nd, 2011
It’s no surprise Democrats and Republicans in Congress are having a hard time reaching a deal to extend the national debt limit when they can’t even agree on the definition of tax increases.
