All Posts Tagged With: "middle class families"
Both of the candidates for the White House champion themselves as fighting for the middle class. They have also pointed fingers at one another for the erosion taking place in this weak pocket of America. The Pew Research Center just released a new study that shows the middle class has thinned out over the last [...]
President Barack Obama urged Congress to implement more reforms to prevent others from becoming another J.P. Morgan, which lost billions in trading. He said such practices should be prevented to avoid another financial meltdown from happening. J.P. Morgan officials disclosed last week that it has multibillion trading loss. This resulted in renewed calls by Democratic [...]
The Senate failed to extend the payroll tax break last week but there are renewed efforts to push for a compromise measure. Republicans usually are in favor of any tax cuts but they helped defeat the payroll tax break extension attempts. They don’t like how to pay for the tax breaks. Democratic Senator Ben Cardin [...]
The Republicans in Congress are not done with their fight against the middle class and senior citizens as they plan to cut at least $1 trillion in Medicaid. People are wondering why it is necessary in the time when corporations in the United States enjoyed their biggest profits in the country’s history and corporate tax [...]
As we all know, a fat $858 Billion tax cut plan is wading across the Senate and the White House these days. Law makers, on the other hand, are sabering a rush to prevent a supposed New Year tax hike, from striking every American household. That would be the perfect New Year gift from the [...]
The Republicans, those very “few” who’re armed against President Obama, have blocked a move to let Bush era tax cuts to be extended for the wealthiest people of America. As always Obama was very disappointed in the vote. He also commented, “It makes no sense to hold tax cuts for the middle class hostage to [...]