Bush Tax Cuts

WASHINGTON — The Senate Wednesday overwhelmingly passed a sweeping tax package that would save millions of Americans thousands of dollars in higher taxes while also reducing their Social Security taxes and extending jobless benefits.

WASHINGTON — President Barack Obama and the nation’s business sector, staunch rivals in past battles over how to overhaul health care and banking regulations, are moving toward a wary embrace.

Roland Martin talks with Congressman James Clyburn about the Democratic caucus’ reaction to President Obama’s tax cut compromise and yesterday’s vote to stop the measure from reaching the floor unless there are changes. LISTEN:

Roland Martin appears on JKUSA with Erick Erickson and host John King to discus the new unemployment numbers and extending the Bush tax cuts. WATCH:

Washington — Senate Republicans and a handful of Democrats Saturday defeated a bill to reauthorize unemployment benefits for the long-term jobless and a plethora of tax provisions for the middle class not because of the bill’s trillion-dollar deficit impact, but because it did not include tax cuts for the rich. “In economic times like these, […]

Washington (Politico)– When the looming battle over Bush tax cuts comes up during their meeting at the White House Thursday morning, congressional Democrats are likely to pose a simple question to President Barack Obama: What is your strategy?

Roland Martin and the “Washington Watch” roundtable to discuss the Obama Administration’s handling of the debate surrounding the Bush tax cuts.

Washington (HuffPo)– President Barack Obama’s top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board, temporary continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

Washington D.C. (Examiner) — President Obama may be away on a trip to India, but he is still making news on the domestic front back home.  Today the White House released the President’s weekly address.  In the address, President Obama makes clear that he favors an extension of the middle-class tax cut before they expire […]

The latest back-and-forth between President Obama’s team and potential House Speaker John Boehner deals with extending the George W. Bush tax cuts, and Boehner’s suggestion that he might back a package that covers only the middle class.