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barack obama

Taxes and the State of the Union

25 January 2012

Last night was the State of the Union speech as delivered by President Obama. Traditionally, the State of the Union speech is delivered once a year to both houses of Congress. For the last hundred years or so, the speech has been delivered in January of each year and is the President’s opportunity to address Congress [...]

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Congress Still Struggles With Payroll Tax Cut Proposals

8 December 2011

With the clock ticking away on the deadline for the one year payroll tax cut (this one, as it turns out, is a real deadline), Democrats and Republicans in the Senate are fighting to see who can outmaneuver each other. Both offered proposals to extend the cut today – and both proposals failed. The Democrats [...]

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Obama Rejects Pipeline Tied to Payroll Tax Cut Deal

8 December 2011

It is, in fact, true that the Republicans are moving ahead with plans to tack on the Keystone XL pipeline as part of a package to extend the payroll tax cuts for next year. It is equally true that President Obama is not happy about this turn of events and has threatened to block any [...]

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Obama Warns Congress About Payroll Tax: ‘Don’t Be a Grinch’

30 November 2011

It’s getting chilly in Pennsylvania… You can almost (almost) sense that Christmas is on the way. It’s no wonder then that President Obama would invoke the holiday spirit in his address from the Keystone State. Speaking from Scranton, Obama encouraged Congress to extend the existing payroll tax holiday. Originally, the extension looked dead in the [...]

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Deadline, Schmeadline: Congress May Eliminate Automatic Spending Cuts

28 November 2011

It was originally touted as the worst thing that could possibly happen. Okay, the second worst. Yet, the failure to meet the self-imposed Congressional deadline for tweaking the budget came and went last week with relatively little drama. That was surprising after the dire predictions made by members of Congress and the President which sounded [...]

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Voters Chime In On Super Committee

21 November 2011

It’s all about the Super Committee today. Over on Facebook, Joanne Bamberger (a/k/a Pundit Mom) asked voters a simple question: Please finish this sentence — If I had been on the Super Committee I would have … ??? She turned the responses into a post for her blog: check it out.

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7 Days To Go: Will the Super Committee Make Its Deadline?

16 November 2011

For those of you keeping score at home, the so called “super committee” has seven days left until it hits the November 23 deadline to fix the budget. The committee, comprised of six Republicans and six Democrats finds itself nearly two months into the process of trying to fix a gaping hole in the budget: [...]

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Christmas Tree Fee Out for the Holidays

9 November 2011

Hooray! Christmas has been saved! Okay, a bit dramatic. But the hue and cry surrounding the so-called Christmas tree tax had reached such a fevered pitch by this afternoon that you could have assumed the very holiday itself was under attack. Rest assured, the holidays are still on track. Nonetheless, President Obama announced plans to [...]

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Scrooge Comes Early This Year With “Christmas Tree Tax”

9 November 2011

I like a fresh-cut tree at Christmastime. Yes, I know all the arguments against buying fresh-cut Christmas trees and we do it anyway. It happens to be one of my favorite things about the holidays and now that I live in the snowy northeast, there’s something ridiculously gratifying about heading out in mittens and hats [...]

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Bank of America Debit Card Fees Slammed as “Durbin Tax”

4 October 2011

I know I’m dating myself but I remember when people used to pay for purchases in cash and occasionally, with checks. Not so much anymore. Now, debit cards are all the rage. You know the ones (of course, since you likely have one). They look and function much like credit cards – only except instead [...]

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