Word: taxed
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...Senate looks to be on track to pass a bill that sounds almost exactly like what President Barack Obama asked for last month. The measure - now heralded as $780 billion, down from $890 billion - will include about 40% in tax cuts and more than 80% of the spending will flood the faltering economy within the next 18 months. But with just three Republican votes, the bill falls well short of the bipartisan goal Obama worked hard to achieve...
...funding and the Republicans generally argued that the programs, while worthwhile, should go through the regular appropriations process," Collins said. "Or in the case of the $19 billion for school construction there's a real case on whether that's a federal role or a local and state role." Tax cuts and other finance provisions allowed the negotiators to slash another $25 billion...
...Daschle, Tom • 1986 campaign ad by mocking the "BMWs and limos" driven by the powerful in Washington is now hilarious • Obama was informed of tax problems of in less-than-timely manner...
...think a stimulus bill is needed. It has been demonstrated time and again that returning money to taxpayers in the form of a tax reduction has the most bang for the buck. If there's going to be federal spending, it should be devoted exclusively to very high-priority, urgent projects that can be completed on a rapid basis. But the congressional Democrats added a basketful of liberal projects that have little, if anything, to do with stimulating the economy...
...dismal economic and unemployment numbers coming out Friday. After spending much of his first two weeks in office reaching out to Republicans, Obama showed a tougher side on Thursday, telling House Democrats at a retreat in Virginia that Republicans who have been pushing amendments to add more and more tax cuts to the legislation want to return "to the same policies that for the last eight years doubled the national debt and threw our economy into a tailspin." His growing frustration with the stalemate was echoed by Senate majority leader Harry Reid, who insisted that the bargaining could only...