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...receive is $500,000. Obama believes limiting the credit means that more of the benefit will go to smaller businesses. Administration officials said the Obama plan would cost $33 billion. The hiring rebate was one of a number of tax cuts the President proposed in his State of the Union address earlier in the week. In that speech, Obama predicted the tax credit would be tapped by more than "1 million small businesses who hire new workers or raise wages." (See the best business deals...
Environmentalists came away from President Obama's first State of the Union address on Wednesday with mixed feelings. Yes, the President focused on the importance of investment in clean energy and energy efficiency as the best way to sustainably grow America's moribund economy, and he mentioned clean coal, biofuels and nuclear power (though not renewable energy), and he talked up the need to pass a "comprehensive energy and climate bill." But notably, he said nothing about putting a price on carbon - which is considered by most greens to be the key move to reduce global carbon emissions...
After failing to get back-to-back victories through its first 14 games of the season, Harvard put together a three-game winning streak that included wins over No. 6 Yale and No. 18 Union. The Crimson followed this streak with a dramatic comeback at Rensselaer, in which Harvard scored three goals in the third period to draw...
Following the tie with the Crimson, the Tigers lost six consecutive games, only to go 3-0-1 over the next four games. The Tigers followed that run with two home losses to Union and Rensselaer, but stomped Connecticut on Monday...
...State of the Union Address in 3 Minutes...