Monthly Archives: July 2010

Will Republicans Really Block Tax Cuts Because They Go Only to Earners Below $250K?

President Obama proposes allowing the Bush tax cuts to expire next year — as they are scheduled to do if nothing is changed — for those earning more than $250,000, but changing the law so as to extend the tax cuts for those earning less than that amount.   Republican politicians are opposing the proposal.    I […] Continue reading

Posted in Budget, Obama Administration | Tagged , , | Leave a comment