Tea Party Favorite Sees Path To Higher Taxes

Add Sen. Rand Paul to a growing list of even conservative Republicans who appear to be giving into the idea that taxes soon will rise on the wealthiest Americans as part of a deal to avert the so-called fiscal cliff. Paul, may have been elected in 2010 as one of the most fervent heroes of the tea party, but even he seems to see the writing on the wall as President Obama has public opinion on his side in calling for an end to the tax cuts for the top 2 percent of taxpayers. Appearing this week on Fox News, the junior senator from Kentucky gamed out a scenario in which congressional Republicans would give Obama and the Democrats a … Continue reading

VIDEO: Dems Say ‘Put The Middle Class First’

Even as he continued to stir the pot over Republican presidential hopeful Mitt Romney’s taxes, the top Senate Democrat continued to fight for continued tax cuts for the middle class. Senate Majority Leader Harry Reid of Nevada joined several of his Senate Democratic colleagues to lambast GOP lawmakers for continuing to insist that middle-class taxes can be cut only if the wealthiest Americans continue to receive their tax breaks. WATCH THE VIDEO HERE:  

Harry Reid Knocks Romney In Tax Speech

The top Senate Democrat went after Mitt Romney by name Thursday, as Democrats continue to paint the presumptive GOP presidential nominee as out-of-touch with average Americans at a time when questions continue to surface regarding Romney’s time as a wealthy financier. In remarks on the Senate floor, Senate Majority Leader Harry Reid of Nevada invoked Romney’s name as he contrasted the tax policies of President Obama and other Democrats with those of Republicans. Reid cited a new report by the nonpartisan Congressional Budget Office (CBO) that found that in 2009 rates fell to their lowest level in more than 30 years. “Much of that decline is thanks to President Obama – who has consistently fought to lower taxes for middle-class … Continue reading

Labor Chief Blames GOP For Poor Jobs Growth

One of the nation’s most prominent labor leaders is blaming Republicans for poor jobs growth, saying that “the economy is simply not delivering right now.” The nation added just 80,000 jobs in the month of June, while the unemployment rate remained unchanged at 8.2 percent, according to new data from the federal government out Friday. “The trend of slow job growth is both frustrating and heartbreaking. The economy added only 80,000 net new jobs last month – not nearly enough to bring unemployment down and fuel a robust recovery,” says Richard Trumka, head of the AFL-CIO labor organization and often a key ally for President Obama. “Republicans in Congress have responded to a massive jobs shortage and weak economy with … Continue reading

In The Supercommittee Blame Game, Fingers Point To Just One Republican

The failure this week of the so-called congressional supercommittee to agree on a package to reduce the federal budget deficit comes down not only to Republican intransigence, but really to that of just one conservative in particular, a man referred to as the “13th member” of the committee. Specifically, many on both sides — including Sen. John Kerry of Massachusetts, a prominent member of the supercommittee — called out Grover Norquist, the extremely powerful anti-tax activist in Washington, for his role in keeping Republicans from agreeing to any new taxes. Norquist wields much of his power due to the anti-tax pledge signed by most Republicans in Congress, and his ability to enforce that oath by working to defeat any who … Continue reading

President Vows To Fight For His Jobs Act: ‘I Will Not Take No For an Answer’

Senate Republicans may have tried this week to kill President Obama’s American Jobs Act, but the president refuses to let his $447 billion legislative package die quietly. The president’s re-election campaign late Wednesday released an email to supporters that included a video message from Obama himself, in which he vowed to keep fighting. The email, signed by campaign manager Jim Messina, notes that although the American Jobs Act failed to get the 60 votes in the Senate required to overcome a GOP filibuster, the legislation would have been approved absent that filibuster. Messina also cites opinion polling that finds 63 percent of Americans support Obama’s plan to create nearly 2 million jobs. In his video, Obama notes that Republican senators … Continue reading