All Posts Tagged With: "proposal"
President Barack Obama wants to portray himself as a tax cutting friend of the middle class. He described the Republicans as defenders of the rich. The incumbent president hopes that the pitch would help him win in the solidly conservative state of Virginia. The president maintained that the tax cuts he was pushing would extend [...]
The House is set to vote on a Republican plan to raise the debt limit in exchange for huge spending cuts. President Barack Obama said that he would veto the bill if both chambers of Congress will pass the measure. The standoff highlighted the symbolic nature of the Republican-sponsored proposal while behind-the-scenes negotiations are still [...]
A health care plan put out by Rep. Paul Ryan will work to prevent President Obama’s proposal to take money from Medicare. During the president’s recent speech he said he was working to protect senior citizens and said that Rep. Ryan’s plan would hurt them. However, analysis of the data shows the very opposite is [...]
As round one of the budget fights has not even come to an end, Congress is preparing for more fiscal battles in the near future. The Republicans and the Democrats have reached a compromised on federal spending for the next six months, which prevented a government shutdown from happening. As early as now, the House [...]
Last Wednesday the Arizona Senate passed the budget proposal that would cut funding of health care, education and other state services. The Republicans have the majority and this is reflected in the 21-9 vote with all the Republicans voting in favor of the proposal. There were a few Republican Senators that voted against individual bills [...]
In the latest episode of Wall Street drama, the Republicans have come up with a proposal, pointing towards the consumer protection bureau by making some of the rules approved by few of those top banking regulators. White House Spokeswoman – Amy Brundage quickly snapped back against the Republicans and said that the proposal is nothing [...]
Investors are in a grumpy shade these days because they trimmed the sails of corporate insiders in accordance to votes from two major banks. These “victories” were unusual because they emerged despite of the opposition from company’s board of directors. Share holders just passed a resolution at Bank of America that is going to give [...]